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Version du 1 septembre 2026 à 00:36
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Despite the new tax rate reductions belonging to the Jobs and Growth Tax Relief Reconciliation Act of 2003, tips for sites marginal tax bracket for many retirees is really a whopping 46.3%. Why? Because Social Security benefits are subject to income income tax. Those affected are Social Security recipients who hold the good fortune (misfortune?) to be subject to both the 25% taxes bracket along with the 85% inclusion rate for Social Security benefits.
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