Question

Xcode or cus please!

Write a program to prompt for the income, then calculate and display the initial amount, the amount after deductions, and the deducted amount. Again use good programming practices. Display messages so that the results are understandable. Assume individuals are taxed at an incremental rate as given below. Note that the above ranges are not total income but additional income. For example if one earns $125,000 per year, then there is no tax on the first $30,000. The next $20,000 is taxed at a rate of 10 percent, the next $50,000 is taxed at a rate of 20 percent, and the remaining $25,000 is taxed at a rate of 30 percent.

Answer 1

The code is given in python which will run on your xcode.

income = float(input('What is your income? '))
if income <= 30000:
print "Your income is", income
print "Your income is below 30,000 so you don't need to pay tax"
elif income > 30000 and income <=50000:
tax=(income-30000)*0.1 # 10% tax is calculated here for given condition
print "Your income is", income
print "Your tax is", tax
elif income > 50000 and income <=100000:
tax=((income-50000)*0.2)+((50000-30000)*0.1) # 20% tax is calculated here for given condition
print "Your income is", income
print "Your tax is", tax
elif income > 100000 and income <=200000:
tax=((income-100000)*0.3)+((100000-50000)*0.2)+((100000-50000-30000)*0.1) # 30% tax is calculated here for given condition
print "Your income is", income
print "Your tax is", tax
elif income > 200000 and income <=250000:
tax=((income-200000)*0.35)+((200000-100000)*0.3)+((200000-100000-50000)*0.2)+((200000-100000-50000-30000)*0.1) # 35% tax is calculated here for given condition
print "Your income is", income
print "Your tax is", tax
elif income > 250000:
tax=((income-250000)*0.4)+((250000-200000)*0.35)+((250000-200000-100000)*0.3)+((250000-200000-100000-50000)*0.2)+((250000-200000-100000-50000-30000)*0.1) # 40% tax is calculated here for given condition
print "Your income is", income
print "Your tax is", tax

Output:

Success comments (0) a stdin copy 6000000 o stdout What is your income? Your income is 6000000.e Your tax is 2269500.0 copy