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Version vom 1. September 2026, 05:26 Uhr


Despite fresh tax rate reductions of your Jobs and Growth Tax Relief Reconciliation Act of 2003, leading marginal tax bracket for many retirees is a whopping forty six.3%. Why? Because Social Security benefits are subject to income tax bill. Those affected are Social Security recipients who purchase the good fortune (misfortune?) pertaining to being subject to both the 25% tax bracket as well as the 85% inclusion rate for Social Security benefits.

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