The inflation rule is narrowed to two bracket edges
What the document says“Section 1(j)(3)(B)(i) is amended by inserting "solely for purposes of determining the dollar amounts at which any rate bracket higher than 12 percent ends and at which any rate bracket higher than 22 percent begins," before "subsection (f)(3)".”
The section inserts words into section 1(j)(3)(B)(i) of the Internal Revenue Code of 1986 confining an inflation adjustment to working out the dollar amounts at which a rate bracket above 12 percent ends and a rate bracket above 22 percent begins.
What the document actually says“Section 1(j)(3)(B)(i) is amended by inserting "solely for purposes of determining the dollar amounts at which any rate bracket higher than 12 percent ends and at which any rate bracket higher than 22 percent begins," before "subsection (f)(3)".”
New words are put into a rule on inflation. They tie it to two points in the rate scale. One is where a bracket above 12 percent ends. One is where a bracket above 22 percent starts.
Before this the rule was not so tied. Now it reaches only those two points. What the rule does is not recorded here.
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