tax

How to calculate tax in python?

How to calculate tax in python? Question: I need to write a function compute_tax(money_list) that calculates the total tax for a given list of financial amounts. The rich (200 money and more) pay a tax of 20. Those who are not rich, but have at least 100 money, pay a tax of 10. The others …

Total answers: 1

Calculate tax liabilities based on a marginal tax rate schedule

Calculate tax liabilities based on a marginal tax rate schedule Question: income tax calculation python asks how to calculate taxes given a marginal tax rate schedule, and its answer provides a function that works (below). However, it works only for a single value of income. How would I adapt it to work for a list/numpy …

Total answers: 4