How Does It Work? How Does It Work? 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. If Congress does pass the legislation to enact the higher proposed rate, which isnt assured, it would kick in for the 2022 tax year and most likely not be retroactively applied for the 2021 tax year. A New Set of Guidelines, Cautions and CaveatsThe bottom line?
There is very unclear if someones granted any tax credits.
( z0 clear :ARG1 ( z1 truth-value :polarity-of ( z2 grant :ARG0 ( z3 someone ) :ARG1 ( z4 credit :mod ( z5 tax ) :mod ( z6 any ) ) ) ) :degree ( z7 very ) :polarity - )
(z0 / clear-06
    :ARG1 (z1 / truth-value
              :polarity-of (z2 / grant-01
                               :ARG0 (z3 / someone)
                               :ARG1 (z4 / credit-02
                                         :mod (z5 / tax)
                                         :mod (z6 / any))))
    :degree (z7 / very)
    :polarity -)
There is very unclear if someones granted any tax credits .
z0 :degree z7
z0 :polarity 0
z0 :ARG1 z1
z2 :ARG0 z3
z1 :polarity-of z2
z4 :mod z5
z4 :mod z6
z2 :ARG1 z4