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Write a java program for the following problem. 1. Write a program named Program1 to calculate the taxes owed by a Manitoban. Your program must
Write a java program for the following problem.
1. Write a program named Program1 to calculate the taxes owed by a Manitoban. Your program must get the person's taxable income from the user. The schedule for determining provincial tax based on taxable income for Manitobans is: Taxable income Tax Rates first $33,389 10.80% over $33,389 up to $72,164 12.75% over $72,164 17.40% The schedule for determining federal tax based on taxable income is: Taxable income Tax Rates first $48,535 15% over $48,535 up to $97,069 20.5% over $97,069 up to $214,368 29% over $214,368 33% Use standard input/output. Display taxable income, provincial tax, federal tax, and total tax. Example: If your taxable income is $50,000, your Manitoba tax as: 10.8% on the amount up to $33,389 $3,606.01 12.75% on the amount between $33,389 up to $72,164 $2,117.90 Total Manitoba tax payable $5,723.91. and federal tax as: 15% on the amount up to $48,535 $7,280.25 20.5% on the amount between $48,535 to $97,069 $300.33 Total federal tax payable $7,580.58. Total taxes owed 13,304.49
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