From 2014 to 2018, such households saw their net worth expand by about $65,000 after taxes on average, mostly due to the rise in value of their homes. Others own commercial buildings that steadily rise in value but nevertheless can be used to throw off paper losses that offset income. Their wealth derives from the skyrocketing value of their assets, like stock and property. Can you explain how this system works? These include raising the tax rates on people making over $400,000 and bumping the top income tax rate from 37% to 39.6%, with a top rate for long-term capital gains to match that.
Not many people making over $400,000 will get tax raise.
( z0 get :ARG0 ( z1 person :quant ( z2 many :polarity - ) :ARG0-of ( z3 make :ARG1 ( z4 over :op ( z5 monetary-quantity :quant 400000 :unit ( z6 dollar ) ) ) ) ) :ARG1 ( z7 raise :ARG1 ( z8 tax ) ) )
(z0 / get-01
    :ARG0 (z1 / person
              :quant (z2 / many
                         :polarity -)
              :ARG0-of (z3 / make-05
                           :ARG1 (z4 / over
                                     :op1 (z5 / monetary-quantity
                                              :quant 400000
                                              :unit (z6 / dollar)))))
    :ARG1 (z7 / raise-01
              :ARG1 (z8 / tax-01)))
Not many people making over $ 400,000 will get tax raise .
z2 :polarity 0
z1 :quant z2
z1 :ARG0-of z3
z3 :ARG1 z4
z4 :op1 z5
z5 :unit z6
z5 :quant 1
z0 :ARG0 z1
z7 :ARG1 z8
z0 :ARG1 z7