Many people are beginning to wrap their minds around the House Republicans’ proposed destination-based cash-flow tax and what it means for tax reform. Most people are still looking into the tax’s impacts on trade and how...
- The Tax Policy Blog
- America Has Become a Nation of Dual-Income Working Couples
America Has Become a Nation of Dual-Income Working Couples
While it is clear from the chart that the husband-as-sole-breadwinner stereotypical family of the 1960s was probably not the norm then, it is most certainly less so now. Mothers worked during the 1960s but fewer than half of all married couples during that era were dual-earners. Today, that number has risen to 66 percent, more than twice the number of sole-earner married couples. This means that a large share of married couple tax returns have two incomes and thus are now clustered in the upper income groups facing the highest marginal tax rates.
For more charts like the one below, see the second edition of our chart book, Putting a Face on America's Tax Returns.
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