4. Can a raise that moves your income into a higher tax bracket actually reduce your Income? Explain S d. Writ used Let's get a little more practice with working "backwards" on taxes. We'll keep making all the same assumptions that we started with in the Pre Class Activity (assuming they fall into all of our assumptions such as single, no earned income credit, etc.). From the In Class Activity, we were working on creating a function for calculating taxes. Let's revisit some of that work and take it a bit further. 5. Let "x" be our taxable income. Suppose we know that'x is between $39,475 and $84,200. Now let's do incom 4. Can a raise that moves your income into a higher tax bracket actually reduce your net income? Explain Let's get a little more practice with working "backwards" on taxes. We'll keep making all the same assumptions that we started with in the Pre Class Activity (assuming they fall into all of our assumptions such as single, no earned income credit, etc.). From the In Class Activity, we were working on creating a function for calculating taxes. Let's revisit some of that work and take it a bit further 5. Let "x" be our taxable income. Suppose we know that'x is between $39,475 and $84.200 d. Write a function for each line of the 2019 Tax Bracket and identify for which window of "x" values each should be used. For example, your function from part (b) is only used for x values between $39,475 and $84,200 4. Can a raise that moves your income into a higher tax bracket actually reduce your Income? Explain S d. Writ used Let's get a little more practice with working "backwards" on taxes. We'll keep making all the same assumptions that we started with in the Pre Class Activity (assuming they fall into all of our assumptions such as single, no earned income credit, etc.). From the In Class Activity, we were working on creating a function for calculating taxes. Let's revisit some of that work and take it a bit further. 5. Let "x" be our taxable income. Suppose we know that'x is between $39,475 and $84,200. Now let's do incom 4. Can a raise that moves your income into a higher tax bracket actually reduce your net income? Explain Let's get a little more practice with working "backwards" on taxes. We'll keep making all the same assumptions that we started with in the Pre Class Activity (assuming they fall into all of our assumptions such as single, no earned income credit, etc.). From the In Class Activity, we were working on creating a function for calculating taxes. Let's revisit some of that work and take it a bit further 5. Let "x" be our taxable income. Suppose we know that'x is between $39,475 and $84.200 d. Write a function for each line of the 2019 Tax Bracket and identify for which window of "x" values each should be used. For example, your function from part (b) is only used for x values between $39,475 and $84,200
