Do Obama's tax increases on households earning over $250,000 comprise an enormous marriage penalty?

Say a couple is contemplating marriage. Each earns $125,000. A a sidenote, they are faaar from being "wealthy". The area in which they live has an incredibly high cost-of-living, as in the median-price home costs $500,000 and has 3 bedrooms, 1 and a half bathrooms, a 1 car garage and almost no yard. That is not the home of wealth. And they can't even afford that. They are young. They did not make loads of money in the 90s. They have student loans. Under Obama's plan, are these kids better off not getting married?