65 STAT.] (b)
459
PUBLIC LAW 183—OCT. 20, 1951
ACT AMENDATORY OF INTERNAL REVENUE CODE.—Except
as
otherwise expressly provided, wherever in this Act an amendment or repeal is expressed in terms of an amendment to or repeal of a chapter, subchapter, title, supplement, section, subsection, subdivision, paragraph, subparagraph, or clause, the reference shall be considered to be made to a provision of the Internal Revenue Code. (c) MEANING or TERMS USED.—Except as otherwise expressly provided, terms used in this Act shall have the same meaning as when used in the Internal Revenue Code.
TITLE I—INCREASE IN INCOME TAX RATES P A R T I—INDIVIDUAL INCOME
TAXES
SEC. 101. INCREASE IN SURTAX FOR 1951, 1952, AND 1953. (a) Rates of Surtax.—Section 12(b) (relating to rates of surtax) is hereby amended to read as follows: "(b)
RATES OF SURTAX.— " (1) CALENDAR YEAR 1951.—In the case of a taxable year
beginning on January 1, 1951, and ending on December 31, 1951, there shall be levied, collected, and paid for such taxable year upon the surtax net income of every individual the surtax shown in the following table: "If the surtax net 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
The surtax shall be: 17.4% of the surtax net income. $348, plus 19.4% of excess over $2,000. $736, plus 24% of excess over $4,000. $1,216, plus 27% of excess over $6,000. $1,756, plus 32% of excess over $8,000. $2,396, plus 36% of excess over $10,000. Over $12,000 but not over $14,000 $3,116, plus 40% of excess over $12,000. Over $14,000 but not over $16,000 $3,916, plus 45% of excess over $14,000. Over $16,000 but not over $18,000 $4,816, plus 48% of excess over $16,000. Over $18,000 but not over $20,000 $5,776, plus 51% of excess over $18,000. Over $20,000 but not over $22,000 $6,796, plus 54% of excess over $20,000. Over $22,000 but not over $26,000 $7,876, plus 57% of excess over $22,000. Over $26,000 but not over $32,000 $10,156, plus 60% of excess over $26,000. Over $32,000 but not over $38,000 $13,756, plus 63% of excess over $32 000. Over $38,000 but not over $44,000 $17,536, plus 66% of excess over $38,000. Over $44,000 but not over $50,000 $21,496, plus 70% of excess over $44,000. Over $50,000 but not over $60,000 $25,696, plus 72% of excess over $50,000. Over $60,000 but not over $70,000 $32,896, plus 75% of excess over $60,000. Over $70,000 but not over $80,000 $40,396, plus 79% of excess over $70,000. Over $80,000 but not over $90,000 $48,296, plus 8 1 % of excess over $80 000 Over $90,000 but not over $100,000__ $56,3^, plus 84% of excess over $90 000 Over $100,000 but not over $150,000__ $64,796, plus 86% of excess over $100,000. Over $150,000 but not over $200,000— $107,796, plus 87% of excess over $150,000. Over $200,000 $151,296, plus 88% of excess over $200,000.
63 Stat. 5. 26 U. 8. C. S 12 (b).
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