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.
This column explains how further liberalisation of trade in audiovisual services would indeed induce cultural change, using the example of foreign influence on names. However, these changes are generally modest, and consumers gain from the enjoyment of consuming cultural goods and a broader cultural choice set. The presence of foreign songs, shows, and movies on domestic radios, televisions, and movie screens is one of the most salient aspects of globalisation.