TAXING TIMES FOR SINGLE PEOPLE….My sister is always complaining about this, so here’s one more problem with the Bush tax plan: it does nothing for single people. My sister is unmarried and has no children, so neither the marriage penalty reform nor the child tax credit do her any good. Her income is moderate, so the rate cuts barely affect her, and she owns no stocks, so the dividend tax elimination brings her no joy.
This is actually a bipartisan complaint: both parties spend almost limitless time competing to tell everyone about how pro-family they are, but the unmentioned losers are all the single people who aren’t numerous enough or organized enough to make themselves heard. When will someone start sticking up for the Sex and the City crowd?