Incremental Tax Model
Initializing live version
Requires a Wolfram Notebook System
Interact on desktop, mobile and cloud with the free Wolfram Player or other Wolfram Language products.
This Demonstration was developed as an educational model for teaching incremental tax rates.[more]
Marcosiana, a new country, is putting in place a new incremental income tax system. This system provides lower tax rates for households with lower income levels. The tax rate increases as a household's income increases. Explore how income tax assessments would be accomplished under Marcosiana's new system.[less]
Contributed by: Craig Bauling (March 2020)
Open content licensed under CC BY-NC-SA