Page:United States Statutes at Large Volume 68A.djvu/45

 CH. 1

NORMAL TAXES AND SURTAXES

6

SEC. 1. TAX IMPOSED. (a) K A T E S OF T A X ON INDIVIDUALS.—A tax is hereby imposed for

each taxable year on the taxable income of every individual other than a head of a household to whom subsection (b) applies. The amount of the tax shall be determined in accordance with the following table: If the taxable income is: Not over $2,000 Over $2,000 but not over $4,000___ Over $4,000 but not over $6,000 Over $6,000 but not over $8,000 Over $8,000 but not over $10,000__ Over $10,000 but not over $12,000 Over $12,000 but not over $14,000 Over $14,000 but not over $16,000 Over $16,000 but not over $18,000 Over $18,000 but not over $20,000 Over $20,000 but not over $22,000 Over $22,000 but not over $26,000 Over $26,000 but not over $32,000. Over $32,000 but not over $38,000_ Over $38,000 but not over $44,000.___... Over $44,000 but not over $50,000. Over $50,000 but not over $60,000. Over $60,000 but not over $70,000 Over $70,000 but not over $80,000 Over $80,000 but not over $90,000 Over $90,000 but not over $100,000 Over $100,000 but not over $150,000 Over $150,000 but not over $200,000 Over $200,000

The tax is: 20% of the taxable income. $400, plus 22% of excess over $2,000. $840, plus 26% of excess over $4,000. $1,360, plus 30% of excess over $6,000. $1,960, plus 34% of excess over $8,000. $2,640, plus 38% of excess over $10,000. $3,400, plus 4 3 % of excess over $12,000. $4,260, plus 47% of excess over $14,000. $6,200, plus 50% of excess over $16,000. $6,200, plus 5 3 % of excess over $18,000. $7,260, plus 56% of excess over $20,000. $8,380, plus 59% of excess over $22,000. $10,740, plus 62% of excess over $26,000. $14,460, plus 6 5 % of excess over $32 000. $18,360, plus 69% of excess over $38,000. $22,500, plus 72% of excess over $44,000. $26,820, plus 75% of excess over $50,000. $34,320, plus 78% of excess over $60,000. $42,120, plus 8 1 % of excess over $70,000. $50,220, plus 84% of excess over $80,000. $58,620, plus 87% of excess over $90,000. $67,320, plus 89% of excess over $100,000. $111,820, plus 90% of excess over $150,000. $156,820, plus 91 % of excess over $200,000.

§l(a)

�