359 "If the taxable income is-Con. The tax is-Continued Over $2,000 but not over $4,000__ $300, plus 18.5% of excess over $2,000. $4,000. Over $4,000 but not over $6,000 $670, plus 21.5% of excess over Over $6,000 but not over $8,000 $1,100, plus 24% of excess over $6,000. Over $8,000 but not over $10,000 $1,580, plus 27.5% of excess over Over $10,000 but not $12,000. Over $12,000 but not $14,000. Over $14,000 but not $16,000. Over $16,000 but not $18,000. Over $18,000 but not $20,000. Over $20,000 but not $22,000. Over $22,000 but not $26,000. $8,000. over $2,130, plus 31% of excess over $10,000. over $2,750, plus 35% of excess over $12,000. over $3,450, plus 38% of excess over $14,000. over $4,210, plus 41% of excess over $16,000. over $5,030, plus 43.5% of excess over $18,000. over $5,900, plus 46% of excess over $20,000. over $6,820, plus 48.5% of excess over $22,000. Over $26,000 but not over $8,760, plus 51% of excess over $32,000. Over $32,000 but not $38,000. Over $38,000 but not $44,000. Over $44,000 but not $50,000. Over $50,000 but not $60,000. Over $60,000 but not $70,000. Over $70,000 but not $80,000. Over $80,000 but not $90,000. $26,000. over $11,820, plus 52.5% of excess over $32,000. over $14,970, plus 55% of excess over $38,000. over $18,270, plus 57% of excess over $44,000. over $21,690, plus 60% of excess over $50,000. over $27,690, plus 62% of excess over $60,000. over $33,890, plus 63% of excess over $70,000. over $40,190, plus 64.5% of excess over $80,000. over $16,640, plus 65% of excess over. 1 2 3 4 5 6 360 "(4) TAXABLE YEARS BEGINNING AFTER 1971.— In the case of a taxable year beginning after December 31, 1971, there is hereby imposed on the taxable income of every individual (other than an intermediate tax rate individual to whom subsection (b) applies) a tax determined in accordance with the following table: "If the taxable income is: Not over $500____ Over $500 but not over $1,000--- The tax is: 13% of the taxable income. Over $1,500 but not over $2,000 $210, plus 16% of excess over $1,500. Over $2,000 but not over $4,000-- $290, plus 18% of excess over $2,000. Over $4,000 but not over $6,000 $650, plus 21% of excess over $4,000. Over $6,000 but not over $8,000 $1,070, plus 23% of excess over $6,000. Over $8,000 but not over $1,530, plus 27% of excess over $10,000. Over $10,000 but not Over $12,000 but not Over $14,000 but not Over $16,000 but not Over $18,000 but not Over $20,000 but not Over $22,000 but not Over $26,000 but not Over $32,000 but not Over $38,000 but not Over $44,000 but not $50,000. Over $50,000 but not $8,000. over $2,070, plus 30% of excess over $10,000. over $2,670, plus 34% of excess over $12,000. over $3,350, plus 37% of excess over $14,000. over $4,090, plus 40% of excess over $16,000. over $4,890, plus 42% of excess over $18,000. over $5,730, plus 44% of excess over $20,000. over $6,610, plus 47% of excess over $22,000. over $8,490, plus 49% of excess over $26,000. over $11,430, plus 50% of excess over $32,000. over $14,430, plus 52% of excess over $38,000. Over $200,000‒‒‒ 1 $114,090, plus 65% of excess over $200,000.” (b) INTERMEDIATE TAX RATES.-Section 1(b) (1) 2 is amended by inserting "and before January 1, 1971," 3 after "December 31, 1964," each place it appears and by 4 adding at the end thereof the following new subparagraphs: "(C) TAXABLE YEARS BEGINNING IN 1971. in 5 6 7 In the case of a taxable year beginning after December 31, 1970, and before January 1, 1972, there is 8 9 10 11 hereby imposed on the taxable income of every dividual who is an intermediate tax rate individual a tax determined in accordance with the following table: "If the taxable income is: Not over $1,000‒‒‒‒‒ The tax is: 13.5% of the taxable income. Over $1,000 but not over $2,000 $135, plus 15.5% of excess over Over $2,000 but not over $4,000- $290, plus 17.5% of excess over $1,000. $2,000. Over $4,000 but not over $6,000 $640, plus 19.5% of excess over $4,000. Over $6,000 but not over $8,000-- $1,030, plus 21.5% of excess over $6,000. Over $8,000 but not over $10,000 $1,460, plus 24.5% of excess over $8,000. 362 "If the taxable income is-Con. The tax is-Continued Over $10,000 but not $12,000. over Over $12,000 but not $14,000. Over $14,000 but not $16,000. Over $16,000 but not $18,000. Over $18,000 but not $20,000. Over $20,000 but not $22,000. Over $22,000 but not $24,000. Over $24,000 but not $1,950, plus 26.5% of excess over $10,000. over $2,480, plus 29.5% of excess over $12,000. over $3,070, plus 31% of excess over $14,000. over $3,690, plus 34% of excess over $16,000. over $4,370, plus 35.5% of excess over $18,000. over $5,080, plus 38.5% of excess over $20,000. over $5,850, plus 40% of excess over $22,000. over $6,650, plus 42% of excess over $24,000. over $7,490, plus 43% of excess over $26,000. over $10,110, plus 46.5% of excess over $32,000. over $11,970, plus 48% of excess over $36,000. over $8,350, plus 44% of excess over $28,000. over $12,930, plus 49.5% of excess over $38,000. over $13,920, plus 50.5% of excess over $40,000. over $15,940, plus 52.5% of excess over $44,000. over $19,090, plus 54.5% of excess over $50,000. over $20,180, plus 55.5% of excess over $52,000. over $24,620, plus 56.5% of excess over $60,000. over $26,880, plus 57.5% of excess over $64,000. over $33,780, plus 59% of excess over $76,000. over $36,140, plus 60% of excess over $80,000. over over $40,940, plus 61% of excess over $88,000. $48,260, plus 63% of excess over $100,000. 2 3 1971.-In the case of a taxable year beginning after December 31, 1971, there is hereby imposed on the Over $1,000 but not over $2,000 $130, plus 15% of excess The tax is: 13% of the taxable income. $1,000. $2,000. $4,000. over Over $2,000 but not over $4,000 $280, plus 17% of excess over Over $4,000 but not over $6,000 $620, plus 19% of excess over Over $6,000 but not over $8,000 $1,000, plus 21% of excess over $6,000. Over $8,000 but not over $1,420, plus 24% of excess over $10,000. Over $10,000 but not $12,000. Over $12,000 but not $14,000. Over $14,000 but not $16,000. Over $16,000 but not $18,000. Over $18,000 but not $20,000. Over $20,000 but not $22,000. $8,000. over $1,900, plus 26% of excess over $10,000. over $2,420, plus 28% of excess over $12,000. over $2,980, plus 30% of excess over $14,000. over $3,580, plus 33% of excess over $16,000. over $4,240, plus 35% of excess over $18,000. over $4,940, plus 37% of excess over $20,000. Over $22,000 but not $24,000. over $5,680, plus 39% of excess over $22,000. |