Difference between revisions of "Offshore Business - Pay Low Tax"
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Revision as of 20:18, 10 November 2024
Despite the tax rate reductions of your Jobs and Growth Tax Relief Reconciliation Act of 2003, the top marginal tax bracket for many retirees is really a whopping forty-six.3%. Why? Because Social Security benefits are subject to income financial. Those affected are Social Security recipients who include the good fortune (misfortune?) to get subject to both the 25% income tax bracket and also the 85% inclusion rate for Social Security benefits.
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