Res. No. 1232 Title Resolution calling upon the United States Senate to work with the U.S. House of Representatives to pass comprehensive legislation, eliminating the marriage penalty tax, in order to restore equity and fairness to our system of taxation for married people. Body By Council Members Dear, Eisland, Freed, Lopez, Moskowitz, Fiala; also Council Members Foster, Harrison, McCaffrey, Rivera, Rodriguez and Golden Whereas, Married couples filing joint tax returns are subject to taxes disparate from those of two singles filing individually; and Whereas, Married couples filing joint tax returns are currently entitled to a smaller deduction than double that of a single person; and Whereas, Married couples filing joint tax returns are subject to a lower overhead limit on income than single persons for purposes of tax bracket determination; and Whereas, The additional tax on married couples resulting from these regulations, commonly referred to as the "marriage penalty tax," represents a grave inequity perpetrated against those filing jointly by causing them to pay more money in taxes than if they had not been married or filed separately; and Whereas, The United States House of Representatives has moved to rectify this inequity by passing legislation and thereby, changing regulations to reflect standards double those for single persons; and Whereas, Congress has been derelict in its duty to address this unfairness thus far, but now has the opportunity to finally correct this matter; and Whereas, The "marriage penalty tax" issue will soon come before the United States Senate; and Whereas, The New York City Council must take a stand in support of all that is fair and just for all of New York City's residents, including the many couples who continue to be penalized for their participation in the time-honored traditional institution of marriage; now, therefore, be it Resolved, That the Council of the City of New York calls upon the United States Senate to work with the U.S. House of Representatives to pass comprehensive legislation, eliminating the marriage penalty tax, in order to restore equity and fairness to our system of taxation for married people. MW:bg LS#2821 D-Res.#3 3/13/00 |10
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