The Hidden Financial Cost of Marriage #shorts

Added: 2026-06-03

[00:00:00]150k bonus, probably not the optimal way to do this. It'd be better to start by just eliminating all the marriage penalties in the tax bill. That is big, too.

[00:00:07]>> What's that? So, wait, if you're middle class and you get married in the United States, we're taking a Yeah, we're taking We're in class. Well, but that is kind of a middle class now. And you have a salary, you're going to take a tax penalty when you get married. Or a welfare penalty. So, there's a lot of people like there's a lot of single parents in in the US who they have one kid, maybe, and now their kid is on welfare for their health care, they're getting housing benefits, they're getting food benefits. And if they marry the baby daddy, they lose all of it.

[00:00:32]>> We know a lot of people who are are Because then you're not Because now his income is included in the calculation for welfare. Cuz you only getting this these benefits based on household income.

[00:00:41]>> Yeah, the United States is a socialist utopia if you are a single woman living near the poverty line.

[00:00:46]>> yeah, yeah, yeah. Yeah. Right, okay.

[00:00:47]Okay, yeah, yeah, yeah. So, but every country has this. Particularly if two people have similar incomes, so talking about work-family balance, marriage penalties for middle and upper earners are highest when the two partners have similar incomes. For people For somebody like me who's a breadwinner with a zero-earner wife, I get a huge bonus for being married.

[00:01:06]Like if I was not married to my wife, my taxes would be way higher.

[00:01:10]But I get a benefit for being married cuz my wife has no income. But if two people have similar incomes in their middle or upper income and they get married, they have huge penalties.

[00:01:18]It's even bigger for lower-income people.