Marriage Tax Penalty Permanent Elimination Act of 2007

H.R. 834, the Marriage Tax Penalty Permanent Elimination Act of 2007, seeks to make permanent several tax relief measures originally introduced in 2001 that were scheduled to expire. The bill focuses on preventing "marriage penalties," which occur when a married couple filing jointly pays more in income tax than they would if they were single. Specifically, the legislation would permanently maintain a higher standard deduction for married couples, keep the 15-percent tax bracket expanded for joint filers, and preserve increased income limits for the Earned Income Tax Credit.