subsection (i) and by striking all that precedes subsection (h) and inserting the following: 1. Tax imposed (a) In general There is hereby imposed on the income of every individual a tax equal to the sum of— (1) 12 percent bracket 12 percent of so much of the taxable income as does not exceed the 25-percent bracket threshold amount, (2) 25 percent bracket 25 percent of so much of the taxable income as exceeds the 25-percent bracket threshold amount but does not exceed the 35-percent bracket threshold amount, plus (3) 35 percent bracket 35 percent of so much of taxable income as exceeds the 35-percent bracket threshold amount but does not exceed the 39.6 percent bracket threshold amount. (4) 39.6 percent bracket 39.6 percent of so much of taxable income as exceeds the 39.6-percent bracket threshold amount. (b) Bracket threshold amounts For purposes of this section— (1) 25-percent bracket threshold amount The term 25-percent bracket threshold amount means— (A) in the case of a joint return or surviving spouse, $90,000, (B) in the case of an individual who is the head of a household (as defined in section 2(b)), $67,500, (C) in the case of any other individual (other than an estate or trust), an amount equal to ½ of the amount in effect for the taxable year under subparagraph (A), and (D) in the case of an estate or trust, $2,550. (2) 35-percent bracket threshold amount The term 35-percent bracket threshold amount means— (A) in the case of a joint return or surviving spouse, $260,000, (B) in the case of a married individual filing a separate return, an amount equal to ½ of the amount in effect for the taxable year under subparagraph (A), and (C) in the case of any other individual (other than an estate or trust), $200,000, and (D) in the case of an estate or trust, $9,150. (3) 39.6-percent bracket threshold amount The term 39.6-percent bracket threshold amount means— (A) in the case of a joint return or surviving spouse, $1,000,000, (B) in the case of any other individual (other than an estate or trust), an amount