Page:United States Statutes at Large Volume 56 Part 1.djvu/831

 56 STAT.] 77TH CONG., 2D SESS.-CH. 619-OCT. 21, 1942 "If the surtax net income is: The surtax shall be: Over $100,000 but not over $150,000- $59,140, plus 79% of excess over $100,000 . Over $150,000 but not over $200,000- $98,640, plus 81% of excess over $150,000. Over $200,000_ -- - -- _____ $139,140, plus 82% of excess over $200,000." SEC. 104. OPTIONAL TAX ON INDIVIDUALS WITH GROSS INCOME FROM CERTAIN SOURCES OF $3,000 OR LESS. (a) OPTIONAL TAX RATES.- Section 400 (relating to optional tax) is amended to read as follows: "SEC. 400 . IMPOSITION OF TAX. "In lieu of the tax imposed under sections 11 and 12, an individual who makes his return on the cash basis may elect, for each taxable year, to pay the tax shown in the following table if his gross income for such taxable year is $3,000 or less and consists wholly of one or more of the following: Salary, wages, compensation for personal services, dividends, interest, or annuities: 803 55 Stat. 689. 26U. 8. C., Supp. I, Ante, p. 802. 53 Stat. 5. 26U..c.. 12, Supp. I, 12. Post, p. 84. "Ifthe gross income is over- $0 $525  --- $550 $575 - $600--- $625  $650 . $675 - $700 - --- $725 -- $750-- $775- $800 - $825- $850 $875-- $900-- $925 - $950-- $975- $1,000- $1,025- $1,050 - - - $1,075-- $1,100 -- $1,125 - $1,150-- $1,175-- $1,200 -  --- $1,225 --- - - $1,250 - - - $1,275 - $1,300-- $1,325   $1,350 - $1,375 - $1,400 -- - - $1,425- $1,450- $1,475 $1,500- But not over- $525 550 575 600 625 650 675 700 725 750 775 800 825 850 875 900 925 950 975 1, 000 1, 025 1, 050 1, 075 1, 100 1, 125 1, 150 1, 175 1, 200 1, 225 1, 250 1, 275 1, 300 1, 325 1, 350 1, 375 1, 400 1, 425 1, 450 1, 475 1, 500 1, 525 The tax shall be- Single person (not head of a famiy) $0 1 4 7 11 15 20 24 28 33 37 41 46 50 54 59 63 67 71 76 80 84 89 93 97 102 106 110 115 119 123 128 132 136 141 145 149 154 158 162 167 Married person making separate return $0 0 0 0 0 0 3 6 9 14 18 22 27 31 35 40 44 48 52 57 61 65 70 74 78 83 87 91 96 100 104 109 113 117 122 126 130 135 139 143 148 (1) Married person whose spouse ha no gros incomeor (2) Married per- son making Joint returnor (3) Head of family $0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 4 7 10 14 17 21 25 29 34
 * 400.

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