Internal Revenue Code section 1

Section 1 of the Internal Revenue Code(26 U.S.C. § 1), more commonly abbreviated to IRC §1 or 26 U.S.C. §1, and simply titled "Tax Imposed" is the law which requires all Americans to pay a federal income tax, and sets forth the amount of the tax to be paid.

Within the layout of the IRC, this section appears as follows:

• Subtitle A - Income Taxes (§§ 1-1563)
  • Chapter 1 - Normal Taxes and Surtaxes (§§ 1-1400L)
    • Subchapter A - Determination of Tax Liability (§§ 1-59)
      • Part I - Tax on Individuals (§§ 1-59)
        • Section 1 - Tax imposed

§1 divides income earners into categories depending on whether they are married or single (see marriage penalty), and based on their wealth, and sets forth the exact dollar amount or percentage of income which must be paid to the United States. For example, §1(b) states:

(b) Heads of households There is hereby imposed on the taxable income of every head of a household (as defined in section 2 (b)) a tax determined in accordance with the following table:

If taxable income is: The tax is:

Not over $29,600	15% of taxable income.
Over $29,600 but not over $76,400	$4,440, plus 28% of the excess over $29,600.
Over $76,400 but not over $127,500	$17,544, plus 31% of the excess over $76,400.
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.