The later rate steps are struck
What the document says“by striking " and before January 1, 2033, 30 percent," and inserting "30 percent.", and”
The section amends section 25D(g) of the Internal Revenue Code of 1986 by closing the 30 percent step with a period and by striking paragraphs (4) and (5).
What the document actually says“by striking " and before January 1, 2033, 30 percent," and inserting "30 percent.", and”
That sentence, in plain words
Words setting an end date on a rate step are taken out. The rate of 30 percent is left standing.
What this is about
Two later paragraphs are struck as well. They set lower rates for later years. Those years are now past the end date.
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