Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Posting-Version: version B 2.10.2 9/18/84 exptools; site ihuxw.UUCP Path: utzoo!linus!philabs!cmcl2!seismo!harvard!talcott!panda!genrad!decvax!bellcore!allegra!ulysses!mhuxr!ihnp4!ihuxw!kalm From: kalm@ihuxw.UUCP (James ) Newsgroups: net.taxes,net.singles,net.flame Subject: Re: Marriage penalty Message-ID: <1062@ihuxw.UUCP> Date: Fri, 22-Feb-85 00:33:17 EST Article-I.D.: ihuxw.1062 Posted: Fri Feb 22 00:33:17 1985 Date-Received: Sun, 24-Feb-85 02:37:01 EST References: <285@calmasd.UUCP> <2297@mit-hermes.ARPA> <897@vax1.fluke.UUCP> Organization: AT&T Bell Laboratories Lines: 24 Xref: linus net.taxes:577 net.singles:4923 net.flame:7491 > I'm curious as to why people think [. . .] two wage earning families are penalized > with respect to one wage earning families? > Later, > Peter Barbee One reason is that they BOTH pay into a FICA account (up to about $2660 apiece), although only ONE of those accounts will pay off, if any! (The insurance companies would be a lot richer than they are if they could pull that one off). The fact of the matter is that many families now NEED two pay-checks in order to provide BASIC care for all members. Some people work a full and a part-time job, or in other cases both husband and wife must bring in an income. Often even these do not provide the necessary insurance for their and their children's health needs. -- Jim Kalmadge - AT&T Bell Labs IH 4b409 8-367-4325 (312) 979-4325 ihuxw!kalm