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Revision as of 13:07, 6 September 2026

Despite the new tax rate reductions of the Jobs and Growth Tax Relief Reconciliation Act of 2003, tips for sites marginal income tax bracket for many retirees can be a whopping fouthy-six.3%. Why? Because Social Security benefits are subject to income tax bill. Those affected are Social Security recipients who have enough good fortune (misfortune?) always be subject to both the 25% income tax bracket and also the 85% inclusion rate for Social Security benefits.

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