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- 15:48, 28 July 2026 61.230.123.252 talk created page History For The Federal Taxes (Created page with "<br>Despite the tax rate reductions of your Jobs and Growth Tax Relief Reconciliation Act of 2003, the top marginal income tax bracket for many retirees is a whopping 46.3%. Why? Because Social Security benefits are subject to income income tax. Those affected are Social Security recipients who hold the good fortune (misfortune?) to be subject to both the 25% tax bracket along with the 85% inclusion rate for Social Security benefits.<br><br>Proceeds due to a refinance ar...")