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Please write program in C++ please! Tax Calculator: Write a program to prompt for the income, then calculate and display the initial amount, the amount
Please write program in C++ please!
Tax Calculator: Write a program to prompt for the income, then calculate and display the initial amount, the amount after deductions, and the deducted amount. Display messages so that the results are understandable. Assume individuals are taxed at an incremental rate as given below: Tax Rate Incremental Income 0 to $ 30, 000.00 $30,000.01 to $50,000 $50,000.01 to $100,000 $100,000.01 to $200,000 $200,000.01 to $250,000 250.000.01 0% 10% 20% 30% 35% 40% 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%, the next $50,000 is taxed at a rate of 20%, and the remaining $25,000 is taxed at a rate of 30%Step by Step Solution
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