The original U.S. income tax of 1913 was quite simple. The tax was 1 percent on
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The original U.S. income tax of 1913 was quite simple. The tax was
• 1 percent on the first $50,000.
• 2 percent on the amount over $50,000 up to $75,000.
• 3 percent on the amount over $75,000 up to $100,000.
• 4 percent on the amount over $100,000 up to $250,000.
• 5 percent on the amount over $250,000 up to $500,000.
• 6 percent on the amount over $500,000.
There was no separate schedule for single or married taxpayers. Write a program that computes the income tax according to this schedule.
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import javautilScanner public class Tax public static void mainString args TODO Autogenerated ...View the full answer
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Dr Navin Gopnarayan
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