The Tax Cuts and Jobs Act, which President Trump signed into law on December 22, 2017, might have unhappy couples calling it quits sooner rather than later. The new tax plan includes the repeal a 76-year-old deduction on alimony payments, but it won't go into effect until January 1, 2019. Because of the repeal's delayed effective date, lawyers are advising clients who are thinking about divorce to do it now.
Mary Vidas, a Philadelphia lawyer and former chair of the American Bar Association’s section on family law, says:
Now’s not the time to wait. If you’re going to get a divorce, get it now.
So the party of "family values" passed tax legislation that might encourage couples to hurry up and split.
The irony was not lost on Twitter users:
Why Trump’s tax plan may spur more divorces.— ᒍEᖇᔕEYᑕᖇᗩIG🏳️🌈 (@CJPatruno) February 5, 2018
Lawyers are counseling couples considering divorce to do it this year — before a 76-year-old deduction for alimony payments is wiped out in 2019 under the Tax Cuts and Jobs Act. https://t.co/EitBJ6Qq5C via @politico
Party of family values strikes again!— Debbie Sideris🌈❄🌊 (@debbiesideris) February 5, 2018
GreaT job Repubs. Really stellar
Make American break up again.— Elastigirl Persists 🌊 (@Elastigirl2018) February 5, 2018
The GOP is really taking this polarization campaign too far.
They can't be content with just breaking up immigrant families. Everyone has to split up.
I just read an article on how people in red states get divorces more than people in blue states. Don't you just love the irony?— Anonymously All (@anonymously_all) February 5, 2018
Some people offered advice of their own:
And there's bad news for women when the repeal does go into effect. The current alimony deduction is a substantial one, and lawyers often use it as a bargaining chip in divorce negotiations. The deduction's repeal will put women at a disadvantage, since they tend to earn less than men.
Brian Vertz, a family law attorney in Pittsburgh, says:
The repeal reduces the bargaining power of vulnerable spouses, mostly women, in achieving financial stability after a divorce.
Weren't divorce proceedings already messy enough?