Sunday, May 14, 2006

Marriage tax

Look what gummint is doing to your mom! Let's get'em.
In short order, Kimberly Strassel  [Make My (Mother's) Day . . .] captures the essence of several complicated issues that are hurting your mom.  Take the marriage penalty.

''Consider our system of marginal taxation. It's punitive enough for any individual, but consider the woman who, after having children, decides to go back as the "second earner" in her household. Her first discovery will be that -- even though she may only be earning a minimum wage -- she is instantly put into her husband's tax bracket.''

Or the health insurance monstrosity¹.

''And pity the woman who doesn't work a full 40-hour week. Our tax law has created a system that makes employees dependent on their employers for health care, retirement programs, childcare services and more. This is great if you work for Ford, since taxpayers everywhere subsidize your perks. Yet many women work part-time or in jobs in smaller companies that can't afford these extras. These women are left to purchase their own benefits with after-tax dollars. Or consider those dual-earner couples who have "duplicate" benefits. One set is wasted, yet current law makes it largely impossible for an employee to forgo perks in lieu of higher wages.''

I thought it was good enough to hide in my trunk, and steal across the border with it so you could have the whole thing.  Here. The Senate will be voting on the Marriage Penalty this week.  Pay attention. 


¹
Nixon’s 1973 Economic Stabilization Program froze wages.  Workers started bolting jobs in order to get a higher salary with a new company.  Unable to match the new offer (because pay raises were illegal, thank you very much)  employers offered perquisites, like paid health insurance.  In a heartbeat Congress critters turned this defensive measue into an obligation. 

6 comments:

Anonymous said...

OMFG. Her parents must have been apparatchiks in the East German government for her to be able to produce bilge like that.

I want to scream at her that the women of whom she speaks made choices over the years, and I'll bet Stassel is pro-choice.

Message to Stassel: Life's a bitch and then you die. Get used to it.
Lt. Gen. Tailgunner dick

Rodger the Real King of France said...

I vehemently disagree ... .

Anonymous said...

There are mixed elements here Rodger. In the first instance, Mom is a beneficiary of her husband's income if they are filing jointly. They can file separately and she'll pay on her income, but I agree that the marriage penalty is not right. Tax law has always been about control, social engineering, and favors. That needs to stop.

In the second part, she is talking like the Donks who believe paid health care is a right, which it isn't. Either you acquire the skill set to have the option to work for a company who offers that perk or take your chances elsewhere. OTH,I often wished I could have had the $50,000 per year my employer said it cost for my benefits, because even with my medical expenses over the years, I'd be way ahead if I had that income to invest. Question is, how many people would invest that money or buy their own insurance vs. blow it on a new bass boat and then whine for the government to pick up their health care tab when they become chronically ill?

And if someone, or many employees, opt out of an employer's group plan in exchange for higher wages, what happens to the size of the group and the premiums as the risk-sharing pool becomes smaller?

I didn't read the article before I opened my yap, but if it's about eliminating the marriage penalty and encouraging individual responsibility, encouraging or allowing private health insurance, with the government and employers out of the picture, then I'm all for it and I misspoke about Stassel.

But I still believe health care is not a right, as she implies in the second excerpted paragraph, but must be an individual choice as to how one covers that base.
Lt. Gen. Tailgunner dick

Rodger the Real King of France said...

There are lots of elements here, and I'm too tired right now ... later.

Anonymous said...

Help me if I'm wrong, folks, but didn't this whole 'healthcare-as-entitlement' happen after WWII when there were a lot of businesses looking for guys? And all the guys returning were looking for work and these types of perqs were all enticements?

Keith
Kingwood, TX

Rodger the Real King of France said...

No keith .. it happend just as I stated, in response to Nixon's wage freeze in the 70's.

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