[Congressional Record Volume 146, Number 13 (Monday, February 14, 2000)]
[House]
[Pages H361-H362]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
MARRIAGE TAX PENALTY ELIMINATION
The SPEAKER pro tempore. Under a previous order of the House, the
gentleman from Arkansas (Mr. Hutchinson) is recognized for 5 minutes.
Mr. HUTCHINSON. Mr. Speaker, it is my pleasure to rise before this
body and remind everyone of what we did last week that I think was very
good for America. Last week, the House passed with bipartisan support;
and I think that is important, a tax bill. It was the marriage tax
elimination act, which gives the average couple in America $1,400 in
tax relief that they would not have had otherwise. It will apply to 21
million families in America. In my State of Arkansas, it will apply to
over 200,000 families.
It is a penalty that they pay because they are married that they
would not pay otherwise. It is a penalty in the form of higher taxes.
Today, Mr. Speaker, as we know, is Valentine's Day and many of us are
away from our spouses, but it is a good time to remember our
sweethearts. I think back on my sweetheart that I married over 26 years
ago. We had struggles just like everyone else. Many of those struggles
center around finances. My wife is working, I am working, and this is
typical of couples. Couples struggle today and part of that struggle is
simply financial.
If we can help the married couples in the United States, the married
couples in Arkansas by providing some tax relief in the form of doing
away with a penalty they should not pay, then I think we have done
something very good for America, very good for our couples and this is
certainly an appropriate day to remind America of what we did in this
Congress.
Now, I say this Congress. We passed in the House, and we still of
course need to have that same marriage tax penalty elimination act
passed by the Senate and presented to the President for his signature,
and we hope that he will sign that. To give an example as to how this
works, a typical example
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would be a single mom that might make $30,000 per year decides that she
can get married and meet someone that she loves and she gets married to
a gentleman that makes an equivalent amount of money, say $30,000 per
year. If you combine those two incomes under a fair tax system, their
tax should simply double. But under the present tax code, because of
the unfairness, it does not double but it doubles and then you add
about $1,400 more in a penalty because they got married. This hurts
that single mom who decides to get married, it hurts any couple that
decides to unite in matrimony, and it is a penalty because they are
married.
I believe that it is unfair. The essence of a tax code in the United
States should be fairness. We should work not just on tax relief but
tax fairness and that is what this bill does. It remedies an unfairness
in the tax code. They have this penalty because they are forced into a
higher tax bracket because of the progressive system, and they also
lose part of their standard deduction. It is a penalty because they got
married. And so we need to remedy this unfairness.
Some people say, well, it is not a whole lot of money, it is just
$1,000 or $1,400 per year. But think what this means to a struggling
young couple. It could mean 3 months of child care that they could not
otherwise afford. It could mean a semester of community college that
helps them get ahead in life. It could mean 4 months of car payments,
school clothes for the children, perhaps they need a vacation. And it
could mean the difference of having that vacation to help that
relationship or not. It could mean a down payment on a home. All of
this helps the couples, the struggling families in the United States.
{time} 1915
What does it cost? Well, it costs about $117 billion over 10 years.
Contrast this to the tax bill that we passed in the last Congress, $792
billion over 10 years, and this was vetoed by the President. He said it
was too big, he did not like it all lumped together, so this year we
break it apart. The first part of that is the Marriage Tax Penalty
Elimination Act.
So it does not cost something that we cannot afford. It all comes out
of the non-Social Security surplus. That is what we have to remember.
It does not come out of Social Security. The funds that go into the
trust fund for Social Security, it all comes out of our operating
surplus, so it is fair in that sense.
What are the objections to it? Well, some people say, the
administration says, well, it is not limited to low-income couples.
I believe that if you have a penalty on married couples, that
everyone should have that penalty removed; not just those that are on
the low-income scale, but everyone should have that penalty removed.
The penalty does in fact hurt more low- and middle-income people, so if
we do away with the penalty, that is who we are helping the most. But
we should help all couples who have that same penalty. We should remove
it for everyone.
The second objection is maybe it reduces the money that could be
available to shore up Social Security. Again, it comes out of the non-
Social Security surplus. It does not impact that in any way whatsoever.
So, I would urge, Mr. Speaker, my colleagues to continue urging the
other body to pass this, let us get it enacted into law, get it signed
by the President. I believe it is a good bill for American couples and
those people who are trying to celebrate another Valentine's Day.
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