If both spouses of a married couple earn roughly equivalent wages,the couple is likely to pay a marriage penalty due to the nature of the tax rate schedules.

Question

Quizplus · Accepted Answer

The tax rate schedules for married couples are not simply twice the amount of the schedules for single individuals, which can lead to a higher tax rate for a married couple with similar incomes. This is known as the marriage penalty.

If Both Spouses of a Married Couple Earn Roughly Equivalent