The new tax break for some married couples

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The new tax break for some married couples

Observations from the Institute of Fiscal Studies

Also,  read their reports on couple penalties.   Are people better off living together as a family or living apart?

And another thing –  Is ‘tax break’  the right terminology?     It implies that couples will get something extra – but in fact a so -called ‘tax break’  or ‘tax allowance’   would only have the effect of eliminating the inherent tax penalty,  which is not quite the same thing!!

Sept 2013

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