Congressman Glenn Grothman has introduced a bill that he says will help protect married people during tax season.
The measure, known as the Student Loan Marriage Penalty Elimination Act, was co-authored by fellow republican Mary Miller of Illinois, as well as Democrats Zuzan DelBene of Washington and Danny K. Davis of Illinois.
The group says that the bill would amend the tax code to protect marriage by ensuring that student loan interest is tax-deductible for each spouse independently.
Grothman explained, “If you and your spouse were not married and both had a student loan, each individual could receive up to a $2,500 deduction, for a total of $5,000. When married and filing jointly, their collective deduction is $2,500. My bill will rectify this anti-marriage provision.”
He went on to say, “Separately applying the $2,500 deductible for each spouse in a marriage is a common-sense approach that not only reduces financial stress but also removes a barrier for more young couples to get married. Under no circumstances should our tax policy discriminate against the nuclear family.”
The measure has received endorsements from the National Taxpayers Union (NTU), the Congressional Family Caucus, Family Research Council, and Third Way.
