Hello. I am trying to write a program that calculates tax incrementally. The first 30000$ of income is not taxed. 30,000.01 to 50,000.00 is taxed 10% and so on. I need to tax each portion. For example, if someone made 110k, they would not be taxed for the first 30k, then would be taxed 10% for the next 20k, taxed 20% for the next 50k, and 30% for the last 10k.
Hello, I am very new to programming and wanted to get some help. I am using Xcode.
I have written the program but I'm having problems running it. When I run it, Xcode says Build Succeeded, but I am not prompted to enter an income. Instead, I get a bunch of green boxes with a white L in them followed by one of my variables. I get this for each variable, kind of like this: (the L is the green box)
[L] tax1 =(const double)0
[L] tax2 =(const double)0
I have tried not making my tax increment variables constants, I have tried not having the tax increment variables and just adding the increments when I calculate the tax --> taxedInc = ((income - 5000.00) * .20) + tax1
and a few other things, but I always get the same thing when I run the code.
I'm not sure what I am doing wrong and was wondering if someone could please help me with this. I would really appreciate it. Thank you.
I have put the increment values in the comments at the top of the program.
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88
|
// incremental income
// 0 to $30,000.00 0%
// $30,000.01 t0 $50,000.00 10%
// $50,000.01 to $100,000.00 20%
// $100,000.01 to $200,000.00 30%
// $200,000.01 to $250,000.00 35%
// >$250,000.01 40%
//
#include <iostream>
using namespace std;
int main()
{
//taxe increments have been calculated
const double tax1 = 2000.00; // first tax increment 30k-50k
const double tax2 = 10000.00; // second increment 50k-100k
const double tax3 = 30000.00; // thrid increment 100k-200k
const double tax4 = 17500.00; // fourth increment 200k-250k
double income; //initial income
double taxedInc; //how much taxes are
double afterTax; // income after taxes
cout << "What is your income? " << endl; //get income
cin >> income;
if (income <= 30000.00)
{
cout << "Your tax rate is 0%, you have no deductions. " << endl;
cout << "Your income is " << income << endl;
}
else if (income>=30000.01 && income<=50000.00)
{
taxedInc = (income - 30000.00) * .10; //calculates tax amount
afterTax = income - taxedInc;
cout << "Your income before taxes is " << income << "." << endl;
cout << "Your income after deduction is " << afterTax << "." << endl;
cout << "Your deducted amount is " << taxedInc << "." << endl;
}
else if (income>=50000.01 && income<=100000.01)
{
taxedInc = ((income - 50000.00) * .20) + tax1; //calculates tax
afterTax = (income - taxedInc);
cout << "Your income before taxes is " << income << "." << endl;
cout << "Your income after taxes is " << afterTax << "." << endl;
cout << "Your deducted amount is " << taxedInc << "." << endl;
}
else if (income>=100000.01 && income<=200000.00)
{
taxedInc = ((income - 100000.00) * .30) + tax1 + tax2; //calculates tax
afterTax = (income - taxedInc);
cout << "Your income before taxes is " << income << "." << endl;
cout << "Your income after taxes is " << afterTax << "." << endl;
cout << "Your deducted amount is " << taxedInc << "." << endl;
}
else if (income>=200000.01 && income<=250000.00)
{
taxedInc =((income - 200000.00) * .35) + tax1 + tax2 + tax3; //finds tax amount
afterTax = (income -taxedInc);
cout << "Your income before taxes is " << income << "." << endl;
cout << "Your income after taxes is " << afterTax << "." << endl;
cout << "Your deducted amount is " << taxedInc << "." << endl;
}
else if (income>250000.00)
{
taxedInc = ((income - 250000.00) * .40) + tax1 + tax2 + tax3 + tax4; //finds tax amount
afterTax = (income - taxedInc);
cout << "Your income before taxes is " << income << "." << endl;
cout << "Your income after taxes is " << afterTax << "." << endl;
cout << "Your deducted amount is " << taxedInc << "." << endl;
}
else
cout << "You have entered an unuseable number. Please restart the program and enter a positive number " << endl;
return 0;
}
|