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Version vom 16. Mai 2026, 00:19 Uhr


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

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