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This paper examines the appropriate tax treatment of the family in a series of analytical models and numerical examples. For a population of taxpaying couples which differ in earning capacity, we derive the optimal tax rates for each potential earner. These rates depend crucially upon own and...
Persistent link: https://www.econbiz.de/10013220808
taxation is estimated to be 29.6% of tax revenue raised. The effect of the new 10% deduction to ease the marriage tax for …
Persistent link: https://www.econbiz.de/10013222316
Currently U.S. Federal Income Tax schedules do not maintain marriage neutrality, that is, tax liabilities depend upon …
Persistent link: https://www.econbiz.de/10013227063
Over 18 million taxpayers are projected to receive the Earned Income Tax Credit (EITC) in tax year 1997, at a total cost to the federal government of about 25 billion dollars. The EITC is refundable, so that any amount of the credit exceeding the family's tax liability is returned in the form of...
Persistent link: https://www.econbiz.de/10013236806
Marriage penalties are a controversial feature of many government policies. Empirical evidence of their behavioral … decision. We investigate the removal of marriage penalties from the surviving spouse pensions of the Canadian public pension … marriage penalties can have large and persistent effects on marriage decisions. We also present evidence suggesting that it is …
Persistent link: https://www.econbiz.de/10013237235
We study social learning between spouses using an experiment in Chennai, India. We vary whether individuals discover information themselves or must instead learn what their spouse discovered via a discussion. Women treat their 'own' and their husband's information the same. In sharp contrast,...
Persistent link: https://www.econbiz.de/10014357711
We document key facts about marriage and divorce, comparing trends through the past 150 years and outcomes across … quarter century. Marriage rates have also been falling, but more strikingly, the importance of marriage at different points in … the life cycle has changed, reflecting rising age at first marriage, rising divorce followed by high remarriage rates, and …
Persistent link: https://www.econbiz.de/10012777457
changed in recent decades: the separation of sex, marriage, and childbearing; fewer children and smaller households … members (e.g., children) or to promote marriage and fertility …
Persistent link: https://www.econbiz.de/10012777648
We document the time-series of employment rates and hours worked per employed by married couples in the US and seven European countries (Belgium, France, Germany, Italy, the Netherlands, Portugal, and the UK) from the early 1980s through 2016. Relying on a model of joint household labor supply...
Persistent link: https://www.econbiz.de/10012911481
children of married parents. We propose that the gains to marriage from a child's perspective depend on a mother's own level of … school completion or avoiding poverty at age 25, the “marriage premium for children” is highest for children of mothers with … at age 25, the marriage premium is monotonically increasing with observed maternal age and education …
Persistent link: https://www.econbiz.de/10012960786