Difference between revisions of "Offshore Business - Pay Low Tax"
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Latest revision as of 00:22, 2 October 2024
Despite the actual tax rate reductions of your Jobs and Growth Tax Relief Reconciliation Act of 2003, the superior marginal 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?) turn out to be subject to both the 25% income tax bracket and also the 85% inclusion rate for Social Security benefits.
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