How to lower taxes in same-sex relationships?
Imagine this scenario…
Joe and Fred live in the same city, work at the same company, do the same job, and have the same salary. They both have been with their significant others for the past 10 years. Joe happens to be married to Sally while Fred has been in a domestic partnership with Bob.
Their company offers healthcare benefits to married couple Joe & Sally. This same company, like the majority of Fortune 500 companies, offers domestic partnership healthcare benefits to Fred & Bob. However, come tax time, Fred’s W2 reports a much higher wage.
Why is this so? They both contribute equally to all of the other benefits that their company offers, yet Fred’s W2 is much higher. There are a lot of tax inequalities; this scenario just highlights one of them. Read the rest of this entry »



