J. MILLARD TAWES, Governor
43
able year, beginning after December 31, 1964, may elect to pay the
tax as shown in the following table, if his gross income for the taxable
year is ten thousand dollars ($10,000.00) or less, and consists only
of one or more of the following: (1) salary; (2) wages; (3) compen-
sation for personal services; or (4) dividends, interest and annuities
not in excess of five hundred dollars ($500.00) in the aggregate.
(f-4)
|
|
Optional 4%
|
Tax
|
Gross
|
Income
|
For Exemption
|
Status of
|
From
|
To
|
$800.00 $1
|
,600.00
|
$ 0.00
|
$ 1,000.00
|
.00
|
.00
|
1,000.01
|
1,200.00
|
8.00
|
.00
|
1,200.01
|
1,400.00
|
15.00
|
.00
|
1,400.01
|
1,600.00
|
22.00
|
.00
|
1,600.01
|
1,800.00
|
29.00
|
.00
|
1,800.01
|
2,000.00
|
36.00
|
4.00
|
2,000.01
|
2,200.00
|
44.00
|
12.00
|
2,200.01
|
2,400.00
|
51.00
|
19.00
|
2400.01
|
2,600.00
|
58.00
|
26.00
|
2,600.01
|
2,800.00
|
65.00
|
33.00
|
2,800.01
|
3,000.00
|
72.00
|
40.00
|
3,000.01
|
3,200.00
|
80.00
|
48.00
|
3,200.01
|
3,400.00
|
87.00
|
55.00
|
3400.01
|
3,600.00
|
94.00
|
62.00
|
3,600.01
|
3,800.00
|
101.00
|
69.00
|
3,800.01
|
4,000.00
|
108.00
|
76.00
|
4,000.01
|
4,200.00
|
116.00
|
84.00
|
4,200.01
|
4,400.00
|
123.00
|
91.00
|
4,400.01
|
4,600.00
|
130.00
|
98.00
|
4,600.01
|
4,800.00
|
137.00
|
105.00
|
4,800.01
|
5,000.00
|
144.00
|
112.00
|
5,000.01
|
5,200.00
|
152.00
|
120.00
|
5,200.01
|
5,400.00
|
160.00
|
128.00
|
5,400.01
|
5,600.00
|
168.00
|
136.00
|
5,600.01
|
5,800.00
|
176.00
|
144.00
|
5,800.01
|
6,000.00
|
184.00
|
152.00
|
6,000.01
|
6,200.00
|
192.00
|
160.00
|
6,200.01
|
6,400.00
|
200.00
|
168.00
|
6,400.01
|
6,600.00
|
208.00
|
176.00
|
6,600.01
|
6,800.00
|
216.00
|
184.00
|
6,800.01
|
7.000.00
|
224.00
|
192.00
|
7,000.01
|
7,200.00
|
232.00
|
200.00
|
7,200.01
|
7,400.00
|
240.00
|
208.00
|
7,400.01
|
7,600.00
|
248.00
|
216.00
|
7,600.01
|
7,800.00
|
256.00
|
224.00
|
7,800.01
|
8,000.00
|
264.00
|
232.00
|
8,000.01
|
8,200.00
|
272.00
|
240.00
|
8,200.01
|
8,400.00
|
280.00
|
248.00
|
8,400.01
|
8,600.00
|
288.00
|
256.00
|
8,600.01
|
8,800.00
|
296.00
|
264.00
|
8,800.01
|
9,000.00
|
304.00
|
272.00
|
9,000.01
|
9,200.00
|
312.00
|
280.00
|
9,200.01
|
9,400.00
|
320.00
|
288.00
|
9,400.01
|
9,600.00
|
328.00
|
296.00
|
9,600.01
|
9,800.00
|
336.00
|
304.00
|
9,800.01
|
10,000.00
|
344.00
|
312.00
|
|
|