,i  #aad? ,,congress  #a/ ,session  ,h4 
,r4 #bhdb  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,june #ah1 #bjae ,mr4 
,williams introduc$ ! foll[+ bill2 :i* 0
 ref]r$ to ! ,committee on ,ways &      
,means  ,a ,,bill  ,to am5d ! ,int]nal  
,rev5ue ,code ( #aihf to simplify       
individual income tax rates4  #a4 ,%ort 
title ,?is ,act may be cit$ z !         
,individual ,rate ,simplification ,act (
 #bjae4  #b4 ,simplifi$ individual      
income tax rates  7a7 ,9 g5]al ,section 
#a7;i7 ( ! ,int]nal ,rev5ue ,code (     
#aihf is am5d$ by /rik+ p>agraphs 7#b7 &
 7#c71 by r$esignat+ p>agraph 7#d7 z    
p>agraph 7#c71 & by ins]t+ aft] p>agraph
 7#a7 ! foll[+ new p>agraph3  7#b7 #bj- 
& #cj-p]c5t rate brackets  7,a7 ,9 g5]al
 ,9 ! case ( taxable ye>s beg9n+ aft]   
,decemb] #ca1 #bjae1 ! rate ( tax "u    
subsections 7a71 7b71 7c71 & 7d7 on     
taxable income :i* w\ld 7)\t reg>d to   
?is p>agraph7 be tax$ at a rate ov] #ae 
p]c5t %all be-- 7i7 #bj p]c5t on taxable
 income n ov] #a1jjj1jjj1 &  7ii7 #cj   

p]c5t on taxable income ov] #a1jjj1jjj4 
7,b7 ,inflation adju/m5t ,9 prescrib+ ! 
tables "u subsection 7f7 :i* apply )    
respect to taxable ye>s beg9n+ aft]     
#bjaf1 ! #a1jjj1jjj am\nt 9 subp>agraph 
7,a7 %all be increas$ by an am\nt equal 
to--  7i7 su* doll> am\nt1 multipli$ by 
7ii7 ! co/-(-liv+ adju/m5t det]m9$ "u   
subsection 7f77#c7 = ! cal5d> ye> 9 :i* 
! taxable ye> beg9s det]m9$ by sub/itut+
 cal5d> ye> #bjae = cal5d> ye> #aiib 9  
subp>agraph 7,b7 !re(4  ,if any adju/m5t
 "u ! prec$+ s5t5ce is n a multiple (   
#ajj1 su* am\nt %all be r\nd$ to ! next 
l[e/ multiple ( #ajj4  4  7b7 ,effective
 date ,! am5dm5ts made by ?is section   
%all apply to taxable ye>s beg9n+ aft]  
,decemb] #ca1 #bjae4