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Revision as of 01:23, 11 September 2026
Despite fresh tax rate reductions of your Jobs and Growth Tax Relief Reconciliation Act of 2003, the top marginal tax bracket for many retirees is really a whopping 46.3%. Why? Because Social Security benefits are subject to income financial. Those affected are Social Security recipients who include the good fortune (misfortune?) end up being subject to both the 25% taxes bracket as well as the 85% inclusion rate for Social Security benefits. carolinawaterpolo.com But, the shocking simple fact.
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