74 LAWS OF MARYLAND. [CH. 92

Tax", providing an optional method of computation of the
tax by reducing the existing dependent credit.

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That Section 230B of Article 81 of the Annotated
Code of Maryland (1943 Supplement), title "Revenue and
Taxes", sub-title "Income Tax", be and it is hereby repealed
and re-enacted, with amendments, to read as follows:

230B. (Optional Method of Computation. ) (a) In lieu of
the regular method of computation prescribed by this sub-titler
and the payment of the tax imposed by Section 230(a) of this
sub-title, an individual reporting on a cash basis for any tax-
able year, beginning after December 31, 1942, may elect to pay
the tax as shown in the following table, if his gross income for
the taxable year is Five Thousand Dollars ($5, 000) or less,
and consists only of one or more of the following: (1) Salary;
(2) Wages; (3) Compensation for personal services; or (4)
Dividends, interest and annuities not in excess of One Hundred
Dollars ($100) in the, aggregate.

(b) Schedule 2% Rate

Gross Income Less Optional Tax for Personal

Allowance for Dependents Exemption Status of

From To $1, 000. 00 $2, 000. 00

$ 0. 00 $1, 200. 00 0. 0.

1, 200. 01 1, 400. 00 3. 0.

1, 400. 01 1, 600. 00 7. 0.

1, 600. 01 1, 800. 00 11. 0.

1, 800. 01 2, 000. 00 14. 0.

2, 000. 01 2, 200. 00 18. 0.

2, 200. 01 2, 400. 00 21. 1.

2, 400. 01 2, 600. 00 25. 5.

2, 600. 01 2, 800. 00 29. 9.

2, 800. 01 3, 000. 00 32. 12.

3, 000. 01 3, 200. 00 36. 16.

3, 200. 01 3, 400. 00 39. 19.

3, 400. 01 3, 600. 00 43. 23.

3, 600. 01 3, 800. 00 47. 27.

3, 800. 01 4, 000. 00 50. 30.

4, 000. 01 4, 200. 00 54. 34.

4, 200. 01 4, 400. 00 57. 37.

4, 400. 01 4, 600. 00 ' 61. 41.

4, 600. 01 4, 800. 00 65. 45.

4, 800. 01 5, 000. 00 68. 48.

(c) In applying the above schedule, to determine the tax of
a taxpayer with one or more dependents, there shall be sub-
tracted from his gross income beginning with the calendar year