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You are here: Home / Politics / Govt / Grassley backs end of marriage penalty

Grassley backs end of marriage penalty

July 18, 2000 By admin

Many thousands of married couples in Iowa may soon be one step closer to a significant tax break. Senate republican leaders have promised to vote today on ending the so-called marriage penalty. Iowa Senator Chuck Grassley says it’s an unfair tax that averages 14-hundred dollars a year per couple.The tax is being paid by 297-thousand Iowa married couples and by about 42-percent of couples nationwide. Grassley says U-S families are being forced to shell out far too much money in taxes.Grassley says the Senate is “in a tax-cutting mood.” Last week, the Senate voted to eliminate the estate tax or “death tax” in Grassley’s words.Grassley says the estate tax is essentially a “ransom” the government collects to let people keep a family business in the family.

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Filed Under: Politics / Govt Tagged With: Chuck Grassley, Taxes

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