Economics of marriage
Richard Wrangham puts forward the view that women cooking for men is fundamental to marriage in hunter-gatherer societies.
[3] Many such examples suggest that the mating system is constrained by the way species are socially adapted to their food supply.
The consequence of man's economic dependence takes different forms in different societies, but recall that according to Jane Collier and Michelle Rosaldo, his needing a wife to provide food is universal among hunter-gatherers.
The pressure could drive widowers or bachelors to neighboring territories in an attempt to steal a woman, even if it meant killing her husband.
"The vital importance of a wife to perform domestic services provided the most usual motive for abduction," according to ethnographer David Riches.
Jeremy Greenwood and Nezih Guner (2009) argue that technological progress in the household sector, say due to the advent of dishwashers, frozen foods, vacuum cleaners, washing machines, tupperware, etc.
Currently and through 2025 when the TCJA expires unless Congress renews it, the income perimeters for all tax brackets except one are double those for single filers.
This is still subject to the marriage penalty but you won't hit it until you earn more than $500,000 as a single individual or $600,000 if you're married and file jointly—not even close to double.
Congress has indicated that preserving the marriage penalty at the highest tax rate will help fund other taxpayer-friendly provisions of the TCJA so the adjustment wasn't quite made across the board.
Congress argues that it can be presumed that married couples are sharing payment of these SALT taxes and two taxpayers can't both claim deductions for the same expenses.
Two individuals who didn't file a joint return would have a threshold of $400,000 or $200,000 each so that marriage license leaves $150,000 on the table.
($5,000 Engagement Ring + $29,200 Ceremony/Reception + $4,500 Honeymoon) This report took a vast variety of items into account and pulled data from all different parts of the country where wedding costs varied significantly.
It was found that Metro New York, San Francisco and Washington D.C. were the top 3 most expensive areas to get married in 2018 while Cleveland, Tampa/St.
In the end it comes down to each couples financial situation but it is worth noting for a coupe getting married who has paid for what in a more traditional setting.
[10] Based on a survey, 1 in 3 (33%) men took out a loan or used a credit card to finance their wedding, compared to 1 in 5 (20%) women.
[12] Groom and family paid for brides’ bouquet boot nears for the men and corsages for the mothers and grandmothers.
Forbes magazine article by Dan Browning, discussed several reasons why aging adults should cohabit instead of marrying.
[14] One of the things that were suggested to Browning by his financial adviser and tax accountant is that marrying late can affect health insurance of partners.
[14] A second reason is that later on in life individuals are usually financially affluent hence leading to higher taxation when married and filing jointly.
Browning's article gives another example of an older adult couple who married at the age of 60 but had to divorce because their tax bill increased by $40,000 due to their high individual assets.
As a married household there ought to be no need for multiple of the same home appliances, maybe cars, and they can divide the labour and expenses of raising children/housework.
A study done by Julia Heath and B. F. Kiker reveal that compared to any other population single-mother headed households are susceptible to poverty.
