Difference between revisions of "Government Tax Deed Sales"
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Revision as of 19:27, 28 July 2025
Despite brand new tax rate reductions of the Jobs and Growth Tax Relief Reconciliation Act of 2003, leading marginal tax bracket for many retirees is really a whopping fouthy-six.3%. Why? Because Social Security benefits are subject to income tax. Those affected are Social Security recipients who purchase the good fortune (misfortune?) to get subject to both the 25% taxes bracket as well as the 85% inclusion rate for Social Security benefits.
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