Tax Planning: Should You Go Back To Work?
- Topics:
- Quantitative Analysis,
- Taxes,
- Tools and Templates
- Tags:
- Finance,
- Financial Planning,
- FOX News Network,
- Free Trade,
- Taxes
- Source:
- FOX News Network
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Overview: So you are married, and your spouse is considering going to work for the first time or returning after a hiatus. Think twice. Unless the primary reason is to pursue professional interests or experience the various other non-monetary joys of employment, it may not pay to work. After higher taxes and work-related expenses, two salaries probably won't give you anywhere near the cash flow you are anticipating. Throw in the loss of free time and the inevitable stress on family life, and it may not make sense for your honey to put on a suit. This calculator will tell you why.
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Format: HTML | Date: Jan 2008
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