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• 07:39, 2 August 2025 JacklynChastain talk contribs created page Tax Rates Reflect Daily Life (Created page with "<br>Despite the tax rate reductions belonging to the Jobs and Growth Tax Relief Reconciliation Act of 2003, the superior marginal tax bracket for many retirees is a whopping fouthy-six.3%. Why? Because Social Security benefits are subject to income tax. Those affected are Social Security recipients who hold the good fortune (misfortune?) pertaining to being subject to both the 25% income tax bracket as well as the 85% inclusion rate for Social Security benefits.<br><br>[...")