Rhyme Awareness Rhyme awareness is the understanding that certain word endings sound alike, and therefore contain the same sounds, such as the short /a/ and /p/ sounds in cap and map or the long /i/ and /t/ combination in fight and kite.
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 12% tax bracket will face a marginal tax rate much higher than 12%. Social security benefits are also taxable in some states (see Figure 1.) For social security taxes imposed on earned wages, see the Social Security article.
So combining the federal tax of $2,573, the Social Security/ Medicare of $4,590 and the local and state taxes of $5,400 you would have a total tax bill of $12,563 or 20.9% of income. The typical total tax rate for a family of 4 making $60,000 is about 21%.However given the broad range of tax rates for different state and local governments the rate will vary significantly. With a federal bill of $7,193 and state / local rates from 5% to 13% you are looking at a range of $10,193 to $14,993.otal tax rate for a 'typical' family. I've seen some people overstate their tax bill. People are frequently confused between their top marginal rate and their overall tax burden. If you are in the 25% tax bracket that does NOT mean that 25% of your income goes to the IRS.