Extension and enhancement of reduced rates
Title VII — Finance › Subtitle A — Tax › Chapter 1 — Providing permanent tax relief for middle-class families and workers
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How the text changed
(a) In general Section 1(j) is amended— (1) in paragraph (1), by striking, and before January 1, 2026, and (2) by striking 2018 through 2025 in the heading and inserting beginning after 2017. (b) Inflation adjustment Section 1(j)(3)(B)(i) is amended by inserting in the case of any taxable year beginning after December 31, 2025, solely for purposes of determining the dollar amounts at which the 35-percent rate bracket ends and the 37-percent rate bracket begins, before subsection (f)(3). (c) Effective date The amendments made by this section shall apply to taxable years beginning after December 31, 2025.
(a) In general Section 1(j) is amended— (1) in paragraph (1), by striking, and before January 1, 2026, and (2) by striking 2018 through 2025 in the heading and inserting beginning after 2017. (b) Inflation adjustment Section 1(j)(3)(B)(i) is amended by inserting in the case of any taxable year beginning after December 31, 2025, solely for purposes of determining the dollar amounts at which the 35-percent rate bracket ends and the 37-percent rate bracket begins, before subsection (f)(3). (c) Effective date The amendments made by this section shall apply to taxable years beginning after December 31, 2025.
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