Government Tax Deed Sales: Difference between revisions
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Latest revision as of 09:40, 16 September 2026
Despite the actual tax rate reductions belonging to the Jobs and Growth Tax Relief Reconciliation Act of 2003, the superior marginal income tax bracket for many retirees is often a whopping 46.3%. Why? Because Social Security benefits are subject to income financial. Those affected are Social Security recipients who check out good fortune (misfortune?) to get subject to both the 25% tax bracket along with the 85% inclusion rate for Social Security benefits.
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