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Revision as of 21:07, 22 September 2026
Despite the new tax rate reductions for kontol this Jobs and kontol Growth Tax Relief Reconciliation Act of 2003, the top marginal tax bracket for many retirees is really a whopping forty-six.3%. Why? Because Social Security benefits are subject to income in taxes. Those affected are Social Security recipients who have enough good fortune (misfortune?) always be subject to both the 25% taxes bracket as well as the 85% inclusion rate for Social Security benefits.
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