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.
One of the most important origins of Japanese developmentalism was the pragmatic response of Japanese liberals who realized the gap between advanced Western nations and their own. The forerunner of this movement was Fukuzawa Yukichi (1835-1901), champion of Meiji enlightenment and a great liberal as well.