Business, 02.10.2019 18:00 malika61

Income tax is calculated based on annual income. the tax rate is determined with a tiered approach: income above a particular tier level is taxed at that level's rate. run the program with an annual income of 12. note the tax rate and tax to pay. modify the program to add a new tier: annual income above 5 but less than or equal to 1 is taxed at the rate of 30%, and annual income above 1 is taxed at 40%. run the program again with an annual income of 12. what is the tax rate and tax to pay now? run the program again with an annual income of 6. (change the input area below the program.) challenge: what happens if a negative annual salary is entered? modify the program to print an error message in that case.

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Income tax is calculated based on annual income. the tax rate is determined with a tiered approach:...

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