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Version vom 22. September 2026, 04:16 Uhr
matijasabljak.com Despite the new tax rate reductions from the Jobs and Growth Tax Relief Reconciliation Act of 2003, leading marginal tax bracket for many retirees is often a whopping fouthy-six.3%. Why? Because Social Security benefits are subject to income tax. Those affected are Social Security recipients who hold the good fortune (misfortune?) to get subject to both the 25% income tax bracket as well as the 85% inclusion rate for Social Security benefits.
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