WASHINGTON D.C. — (12-05-21) — Same-Sex married couples could receive a tax break under President Joe Biden’s ‘Build Back Better Plan‘ now in the Senate. Biden’s plan would correct the injustice of federal tax law that has benefited heterosexual couples but not for same-sex couples.
In fact if the bill passes, same-sex couples who were legally married under state law prior to 2010 – before the federal government recognized gay marriage, could amend their tax returns and file claims for federal tax benefits under the latest version of Biden’s Build Back Better plan.
Another major factor in the Build Back Better Plan is the Affordable Care Act (ACA):
The framework will reduce premiums for more than 9 million Americans who buy insurance through the Affordable Care Act Marketplace by an average of $600 per person per year. For example, a family of four earning $80,000 per year would save nearly $3,000 per year (or $246 per month) on health insurance premiums. Experts predict that more than 3 million people who would otherwise be uninsured will gain health insurance.
Article by: Paul Goldberg, Staff Writer
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