Show I Second Stage Withholding To Cut Gut Taxes The second stage of the 1 1064 tax cut which will become effective effective tive Jan 1 I 1065 should end the problem for many taxpayers it was pointed out today by Roland V. V Wise district dis dis- director of Internal Revenue for Utah Personal Income tax rates will range from 14 to 70 10 per cent for 1965 1065 compared to the 10 16 to 77 17 per cent range for 1964 Director Wise said that the 14 per cent withholding rate on wage and salary payments adopted in 1961 will remain the same in 1965 1065 Some taxpayers will bo be under under- withheld withhold on 1961 tax payments because because be be- cause the lower withholding rate went into effect earlier than the final tax rate reduction Mr Wise said that for many lower income taxpayers this withholding problem lem should be eliminated In 1965 1065 Withholding on wages and salaries sat sal cries arles Is designed to put the majority ma mac of tax payers on a pay as you go tax basis For Per middle and Upper Income taxpayers increased withholding or quarterly payments pay pay- ments of ot estimated tax are generally gen orally necessary to keep them themon on a current tax basis |