Branching Statements on Tax Problems My Solutions In 2009, individual citizens and residents of Australia paid the follo

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Branching Statements On Tax Problems My Solutions In 2009 Individual Citizens And Residents Of Australia Paid The Follo 1 (118.72 KiB) Viewed 44 times

Branching Statements on Tax Problems My Solutions In 2009, individual citizens and residents of Australia paid the following income taxes: Taxable income (in A$) $0 $6,000 $6,001-534,000 $34,001-$80,000 $80,001-$180,000 Over $180,000 Tax on This Income None 15€ for each $1 over $6,000 $4,200 plus 30¢ for each $1 over $34,000 $18,000 plus 404 for each $1 over $80,000 $58,000 plus 45¢ for each $1 over $180,000 In 2002, individual citizens and residents of Australia paid the following income taxes: Taxable income (in A$) Tax on This Income $0-$6,000 None $6,001-$20,000 17¢ for each $l over $6,000 $20,001-$50,000 $2,380 plus 30¢ for each $1 over $20,000 $50,001-$60,000 $11,380 plus 42¢ for each $1 over $50,000 Over $60,000 $15,580 plus 47€ for each $1 over $60,000 In addition, a flat 1.5% Medicare levy was charged on all income. Write a program to calculate how much less income tax a person paid on a given amount of income in 2009 than he or she would have paid in 2002.
In addition, a flat 1.5% Medicare levy was charged on all income. Write a program to calculate how much less income tax a person paid on a given amount of income in 2009 than he or she would have paid in 2002. Script Save Reset ES MATLAB Documentation 1 % Define variables: 2 % income -- Income in dollars 3 % tax2002 -- Tax 2002 Owed in dollars 4 % tax2009 -- Tax 2009 owed in dollars % Simulate: Prompt the user for the input power. 6 sampleData = [sece 50000 100000); 7 income - sampleData(1, randi([1,3])); 8 fprintf('Taxible income: $20.2f \n',income); % Calculate 2009 basic tax 10 11 11 12 13 14 15 16 17 18 19 21 % Add Medicare Levy for 2009 23 % Calculate 2002 basic tax 24
19 20 21 % Add Medicare Levy for 2009 23 % Calculate 2002 basic tax 24 25 26 27 28 29 38 31 32 33 34 35 % Add Medicare Levy for 2002 36 37 % How much less tax was paid in 2009? Use tax_diff as a variable 38 39 % Tell user 40 fprintf('Total tax for 2009 = $%.2f\n', tax2009); 41 fprintf('This is = $%.2f less than in 2002\n', tax_diff); 42 Run Script ?