Take two low-wage workers who are considering marriage. In 2016, if each has an income $11,800, they would each have to pay $248 as singles for government-approved health insurance. Married, their joint income climbs to $23,600 and they would have to pay $1,109 -- a ding of more than $600 annually.
Middle-class workers could get hit even harder. According to the Congressional Budget Office, a single individual earning $35,400 -- three times the poverty rate -- would be obligated to pay $3,611 for mandatory health insurance. But two such individuals, if married, would lose their eligibility for government subsidies and their mandatory health insurance payments would rise to $13,100 -- a whopping $5,878 annual marriage penalty.
Friday, January 15, 2010
Posted by macbeach at 1:19 PM