SURTAX ON HIGH-INCOME TAXPAYERS.

SEC. 13202. SURTAX ON HIGH-INCOME TAXPAYERS. (a) General Rule.— (1) Subsection (a) of section 1 (as amended by section 13201) is amended by striking the last item in the table contained therein and inserting the following: Over $140,000 but not over $250,000 $35,928.50, plus 36% of the excess over $140,000. Over $250,000 $75,528.50, plus 39.6% of the excess over $250,000.” (2) Subsection (b) of section 1 (as so amended) is amended by striking the last item in the table contained therein and inserting the following: Over $127,500 but not over $250,000 $33,385, plus 36% of the excess over $127,500. Over $250,000 $77,485, plus 39.6% of the excess over $250,000.” (3) Subsection (c) of section 1 (as so amended) is amended by striking the last item in inserting the following: Over $115,000 but not over $250,000 $31,172, plus 36% of the excess over $115,000. Over $250,000 $79,772, plus 39.6% of the excess over $250,000.” (4) Subsection (d) of section 1 (as so amended) is amended by striking the last item in inserting the following: Over $70,000 but not over $125,000 $17,934.25, plus 36% of the excess over $115,000. Over $125,000 $37,764.25, plus 39.6% of the excess over $125,000.” (5) Subsection (e) of section 1 (as so amended) is amended by striking the last item in the table contained therein and inserting the following: Over $5,500 but not over $7,500 $1,405, plus 36% of the excess over $5,500. Over $7,500 $2,125, plus 39.6% of the excess over $7,500.” (b) Technical Amendment.— Sections 531 and 541 (as amended by section 13201) are each amended by striking “36 percent” and inserting “39.6 percent”. (c) Effective Date.— The amendments made by this section shall apply to taxable years beginning after December 31, 1992.