796 INCOME TAX Surtax on individ- uals. Rates . SEVENTIETH CONGRESS . SESS. I . CIF. 852. 1928 . SEC . 12. SURTAX ON INDIVIDUALS . (a) Rates of surtax .-There shall be levied, collected, and paid for each taxable year upon the net income of every individual a surta x as f ollows Upon a net income of $10,000 there shall be no surtax ; upon net incomes in excess of $10,000 and not in excess of $14,000, 1 per centum of such excess . $40 upon net incomes of $14,000 ; and upon net incomes in excess of $14,000 and not in excess of $16,000, 2 per centum in addition of such excess . $80 upon net incomes of $16,000 ; and upon net incomes in excess of $16,000 and not in excess of $18,000, 3 per centum in addition of such excess . $140 upon net incomes of $18,000 ; and upon net incomes in excess of $18,000 and not in excess of $20,000, 4 per centum in addition of such excess . $220 upon net incomes of $20,000 ; and upon net incomes in excess of $20,000 and not in excess of $22,000, 5 per centum in addition of such excess . $320 upon net incomes of $22,000 ; and upon net incomes in excess of $22,000 and not in excess of $24,000, 6 per centum in addition of such excess . $440 upon net incomes of $24,000 ; and upon net incomes in excess of $24,000 and not in excess of $28,000, 7 per centum in addition of such excess . $720 upon net incomes of $28,000 ; and upon net incomes in excess of $28,000 and not in excess of $32,000, 8 per centum in addition of such excess . $1,040 upon net incomes of $32,000 ; and upon net incomes in excess of $32,000 and not in excess of $36,000, 9 per centum in addition of such excess . $1,400 upon net incomes of $36,000 ; and upon net incomes in excess of $36,000 and not in excess of $40,000, 10 per centum in addition of such excess . $1,800 upon net incomes of $40,000 ; and upon net incomes in exces s of $ 40,000 and n ot in excess of $44 ,000, 11 per centu m in addition of such excess . $2,240 upon net incomes of $44,000 ; and upon net incomes in exces s of $ 44,000 and n ot in excess of $48 ,000, 12 per centu m in addition of such excess . $2,720 upon net incomes of $48,000 ; and upon net incomes in exces s of $ 48,000 and n ot in excess of $52 ,000, 13 per centu m in addition of such excess . $3,240 upon net incomes of $52,000 ; and upon net incomes in exces s of $ 52,000 and n ot in excess of $56 ,000, 14 per centu m in addition of such excess . $3,800 upon net incomes of $56,000 ; and upon net incomes in exces s of $ 56,000 and n ot in excess of $60 ,000, 15 per centu m in addition of such excess . $4,400 upon net incomes of $60,000 ; and upon net incomes in excess of $60,000 and not in excess«of $64,000, 16 per centum in addition of such excess . $5,040 upon net incomes of $64,000 ; and upon net incomes in excess of $64,000 and not in excess of $70,000, 17 per centum in addit ion of such excess . $6,060 upon net incomes of $70,000 ; and upon net incomes in exces s of $ 70,000 and n ot in excess of $80 ,000, 18 per centu m in addition of such excess .
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