Page:United States Statutes at Large Volume 91.djvu/165

 PUBLIC LAW 95-30—MAY 23, 1977 " (e) E STATES A N D T R U S T S. — The r e is h e r e by i m p o s e d o n the tax a b l e i n c o m e of e v e r y e s t a t e and t r u s t tax a b l e under t h i s s u b s e c t i o n a tax determined in accordance with the following t a b l e: The tax i s: 14% of the taxable income. $70, plus 15% of excess over $500. $145, plus 16% of excess over $1,000. Over $1,500 but not over $2,000 $225, plus 17% of excess over $1,500. Over $2,000 but not over $4,000 $310, plus 19% of excess over $2,000. Over $4,000 but not over $6,000 $690, plus 22% of excess over $4,000. Over $6,000 but not over $8,000 $1,130, plus 25% of excess over $6,000. Over $8,000 but not over $10,000 $1,630, plus 28% of excess over $8,000. Over $10,000 but not over $12,000 $2,190, plus 32% of excess over $10,000. Over $12,000 but not over $14,000 $2,830, plus 36% of excess over $12,000. Over $14,000 but not over $16,000 $3,550, plus 39% of excess over $14,000. Over $16,000 but not over $18,000 $4,330, plus 42% of excess over $16,000. Over $18,000 but not over $20,000 $5,170, plus 45% of excess over $18 000 Over $20,000 but not over $22,000 $6,070, plus 48% of excess over $20,000. Over $22,000 but not over $26,000 $7,030, plus 50% of excess over $22,000. Over $26,000 but not over $32,000 $9,030, plus 5 3 % of excess over $26,000. Over $32,000 but not over $38,000 $12,210, plus 55% of excess over $32,000. Over $38,000 but not over $44,000 $15,510, plus 58% of excess over $38,000. Over $44,000 but not over $50,000 $18,990, plus 60% of excess over $44,000. Over $50,000 but not over $60,000 $22,590, plus 62% of excess over $50,000. Over $60,000 but not over $70,000 $28,790, plus 64% of excess over $60,000. Over $70,000 but not over $80,000 $35,190, plus 66% of excess over $70,000. Over $80,000 but not over $90,000 $41,790, plus 68% of excess over .<R8n.000. Over $90,000 but not over $100,000— $48,590, plus 69% of excess over $90,000. Over $100,000 $55,490, plus 70% of excess over $100,000." (b) C H A N G E I N T A X TABLES.—Section 3 (relating to tax tables for i n d i v i d u a l s h a v i n g tax a b l e i n c o m e of less than $20,000) i s amended to read as follows:

91 STAT. 131

^i;

"If the taxable income i s: Not over $500 Over $500 but not over $1,000 Over $1,000 but not over $1,500

26 USC 3.

"SEC. 3. TAX TABLES FOR INDIVIDUALS. " (a)

IMPOSITION or T A X TABLE T A X. —

" (1) IN GENERAL. — I n l i e u of the tax i m p o s e d by s e c t i o n 1, Ante, p. 127. the r e is h e r e by i m p o s e d for each tax a b l e year on the tax table i n c o m e of e v e r y i n d i v i d u a l w h o s e tax t a b l e i n c o m e for s u c h year does not exceed the ceiling a m o u n t, a tax determined under tables, applicable to such taxable year, which shall be prescribed by

�