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Originally Posted by Cute Fuzzy Bunny
The other flaw is that you arent taxed 25% on every dollar when in the 25% bracket. Its tiered.
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What Masterblaster is saying is that every extra income dollar above the threshold causes 25% direct tax, plus 0.85x25% tax on a SS dollar which would otherwise not be taxed.
Another way of putting is is that SS is already aggressively means tested!
Peter
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