Question

a) Calculate income tax for the given income by adhering to the below rules:
Taxable Income
Rate (%)
First $10,000
0
Next $10,000
10
The remaining
20
Expected Output:
For example, suppose that the taxable income is $45000 the income tax payable is
$10000*0% + $10000*10% + $25000*20% = $6000​

Answer 1

Answer:rules:

Taxable Income

Rate (%)

First $10,000

0

Next $10,000

10

The remaining

20

Expected Output:

For example, suppose that the taxable income is $45000 the income tax payable is