Difference between revisions of "History Within The Federal Income Tax"

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Revision as of 18:06, 10 November 2024

Despite the actual tax rate reductions for this Jobs and Growth Tax Relief Reconciliation Act of 2003, tips for sites marginal tax bracket for many retirees can be a whopping forty six.3%. Why? Because Social Security benefits are subject to income taxation. Those affected are Social Security recipients who purchase the good fortune (misfortune?) to be subject to both the 25% tax bracket as well as the 85% inclusion rate for Social Security benefits.

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