(a) [Repealed, Sec. 10 ch 1 SSSLA 1980].


(b) [Repealed, Sec. 10 ch 1 SSSLA 1980].


(c) [Repealed, Sec. 10 ch 1 SSSLA 1980].


(d) [Repealed, Sec. 10 ch 1 SSSLA 1980].


(e) There is imposed for each taxable year upon the entire taxable income of every corporation derived from sources within the state a tax computed as follows:



If the taxable income is Then the tax is:


Less than $10,000 1 percent of the taxable income


$10,000 but less than $20,000 $100 plus 2 percent of the taxable


income over $10,000


$20,000 but less than $30,000 $300 plus 3 percent of the taxable


income over $20,000


$30,000 but less than $40,000 $600 plus 4 percent of the taxable


income over $30,000


$40,000 but less than $50,000 $1,000 plus 5 percent of the taxable


income over $40,000


$50,000 but less than $60,000 $1,500 plus 6 percent of the taxable


income over $50,000


$60,000 but less than $70,000 $2,100 plus 7 percent of the taxable


income over $60,000


$70,000 but less than $80,000 $2,800 plus 8 percent of the taxable


income over $70,000


$80,000 but less than $90,000 $3,600 plus 9 percent of the taxable


income over $80,000


$90,000 or more $4,500 plus 9.4 percent of the


taxable income over $90,000.


(f) [Repealed, Sec. 10 ch 1 SSSLA 1980].