calc_tax: Calculate Tax Burden

In burch-cm/kittius: Personal Tools and Code

Description

Calculate Tax Burden

Usage

calc_tax(amount, tax_table = NA, total = TRUE)

Arguments

amount	numeric. The amount of taxable income.
tax_table	a data frame containing marinal tax rates.
total	logical. Return the total amount paid?

Value

a numeric sum of taxes paid (if total = T) or a vector of taxes paid at the marginal rate

Examples

calc_tax(85000)

burch-cm/kittius documentation built on March 11, 2021, 5:40 a.m.