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Rick Santorum’s tax policy rewards marriage and larger families

Rick Santorum describes himself as universally pro-life. That includes his tax plan, which policy analysts contend gives couples economic incentives to get married and have larger families, reports LifeSiteNews.com.

Santorum’s tax proposals would triple the personal deduction for each child and “eliminate marriage tax penalties throughout the federal tax code.” He would retain deductions for charitable giving, home mortgage interest, health care, and retirement - all undertakings that support faith and family formation.

Significantly, he would eliminate all corporate taxes on U.S. manufacturers, from its present 35 percent to zero. The candidate’s native Pennsylvania has lost 127,000 manufacturing jobs 2005-10, and median income has fallen faster than the national average. High-wage manufacturing jobs made it possible to support a family without a college degree. A 2003 study funded by the John D. and Catherine T. MacArthur Foundation found higher education and the desire for more economic security delayed the age of marriage and family formation later than ever.

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TAGS: Rick Santorum pro-life tax policy marriage larger families

[01/13/2012]

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