The amount of Social Security income which is taxable depends on your taxable income. Most high-income retirees will have 85% of Social Security benefits taxable. For lower-income retirees, less than 85% will be taxable, but many retirees in a 15% tax bracket will face a marginal tax rate much higher than 15%.
Matsushita and Japanâs Changing Culture 1. What were the triggers of cultural change in Japan during the 1990s? How is cultural change starting to affect traditional values in Japan? Answer: During the 1990s, Japanâs economy began to slow. The prolonged economic slump forced many Japanese companies to abandon their traditional ways of doing business like lifetime employment.
The primary triggers of cultural changes in Japan during the 1990s were influenced by later generation born after 1964 which lacked commitment to traditional Japanese values and Japanâs economic slump of the 90s.Younger generation changing values are arguably a result of being brought up in a wealthier environment to that of their parents.