The simple solution is for the state to make everyone file their own tax return. A married couple would be able to assign all the dependents, other than the spouse, to one or the other, but not both’s tax return.
Before you go roaring off about this proposed change as being anti-family, please examine that it would pay stay at home mothers as much as we now pay those who won’t work through the incorrectly named “earned income tax credit”. And who knows, this proposal may just get the lamestream media to examine that tax transfer program when millions more Americans become “eligible” for it. And the scrutiny might kill another of Uncle Teddy’s crapbrained ideas.
“The simple solution is for the state to make everyone file their own tax return. A married couple would be able to assign all the dependents, other than the spouse, to one or the other, but not both’s tax return.”
I LOVE THIS IDEA.
My accountant once told me that my husband should quit (he wouldn’t hear of it).
Then he said we should get divorced on paper, it would save us a bundle. Did you know, that when you run the taxes both way in MD, and assume for young kids that you are going to pay 20K a year in child care, with a dual working family, each spouse making 100K/year, the second spouse, after taxes and child care - is working for 10K take home pay ?