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5. Average Social Security benefits and taxes. Use Exhibit 14.3 to estimate the average Social Se- curity benefits for a retired couple. Assume that one

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5. Average Social Security benefits and taxes. Use Exhibit 14.3 to estimate the average Social Se- curity benefits for a retired couple. Assume that one spouse has a part-time job that pays $24.000 a year, and that this person also receives another $47000 a year from a company pension. Based on current policies, would this couple be liable for any tax on their Social Security income

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