Invalid calculation?

This is a program for my school class. When I input $30,000, I always get -$9,107 or something like that. What am I doing wrong??

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#include <iostream>
#include <iomanip>
#include <string>
#include <stdlib.h>
#include <math.h>

using namespace std;

		float taxableincome;
		float takeout1;
		float takeout2;
		float takeout3;
		float taxpercent;
		float totaltax = 0.0;

	void Input();
	float Calc();
	void Display();



	int main()

{
	int x;

	Input();

	Calc();

	Display();


	cin >> x;

return 0;

}

void Input()
{
	cout << "What is amount of taxable income\?" << endl;
	cin >> taxableincome;

system("cls");
}

float Calc()
{
	if (taxableincome > 0 && taxableincome <= 24650)
	{
		takeout1 = 0;
		takeout2 = taxableincome - 0;
		taxpercent = .15;
		takeout3 = takeout2 * taxpercent;
		totaltax = takeout1 + takeout3;
	}

	if (taxableincome > 24650 && taxableincome <= 59750)
	{
		takeout1 = 3697.5;
		takeout2 = taxableincome - 24650;
		taxpercent = .28;
		takeout3 = takeout2 * taxpercent;
		totaltax = takeout1 + takeout3;
	}

	if (taxableincome > 59750 && taxableincome <= 124650)
	{
		takeout1 = 13525.5;
		takeout2 = taxableincome - 59750;
		taxpercent = .31;
		takeout3 = takeout2 * taxpercent;
		totaltax = takeout1 + takeout3;
	}

	if (taxableincome > 124650 && taxableincome <= 271050)
	{
		takeout1 = 33644.5;
		takeout2 = taxableincome - 124650;
		taxpercent = .36;
		takeout3 = takeout2 * taxpercent;
		totaltax = takeout1 + takeout3;
	}

	if (taxableincome < 271050)
	{
		takeout1 = 86348.5;
		takeout2 = taxableincome - 271050;
		taxpercent = .396;
		takeout3 = takeout2 * taxpercent;
		totaltax = takeout1 + takeout3;
	}

	return totaltax;
}

void Display()
{
			cout.setf(ios::fixed);
			cout.setf(ios::showpoint);
			cout.precision(2);

	cout << "With a taxable income of $" << taxableincome << " is $" << totaltax << "." << endl;
}
Is this last condition supposed to be > and not <?

if (taxableincome < 271050)
I've changed that, and it works perfectly. I CAN NOT believe I missed that. Pretty nooby mistake, haha. Thanks a bunch!
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