The top tax rate is scheduled to be increased to 39.6% after 2025 when the current Tax Cuts and Jobs Act is set to expire even if Congress doesnt pass the Presidents proposal. This can be especially true for people under age 59 12. It also depends on your guestimate of how much future income tax rates could increase to help pay for the increasing federal debt. Its worth your time to carefully consider whether those situations apply to you. gettyAre you worried that federal income taxes will increase in the future due to the burgeoning federal debt?
The top tax rate is pushed higher by those aged than 59.
( z0 push :ARG0 ( z1 person :age ( z2 more-than :op ( z3 temporal-quantity :quant 59 :unit ( z4 year ) ) ) :mod ( z5 that ) ) :ARG1 ( z6 rate :mod ( z7 tax ) :mod ( z8 top ) ) :ARG2 ( z9 have-degree :ARG1 z6 :ARG2 ( z10 high :ARG1 z6 ) :ARG3 ( z11 more ) ) )
(z0 / push-01
    :ARG0 (z1 / person
              :age (z2 / more-than
                       :op1 (z3 / temporal-quantity
                                :quant 59
                                :unit (z4 / year)))
              :mod (z5 / that))
    :ARG1 (z6 / rate
              :mod (z7 / tax-01)
              :mod (z8 / top))
    :ARG2 (z9 / have-degree-91
              :ARG1 z6
              :ARG2 (z10 / high-02
                         :ARG1 z6)
              :ARG3 (z11 / more)))
The top tax rate is pushed higher by those aged than 59 .
z6 :mod z7
z6 :mod z8
z0 :ARG1 z6
z0 :ARG2 z9
z9 :ARG1 z6
z9 :ARG2 z10
z10 :ARG1 z6
z9 :ARG3 z11
z0 :ARG0 z1
z1 :mod z5
z1 :age z2
z2 :op1 z3
z3 :unit z4
z3 :quant 0