ml_progressive: Progessive medicare levy

In thmcmahon/taxFunctions: Income tax functions

Description

Progessive medicare levy

Usage

ml_progressive(x, cutoff = 87000, base_rate = 0.02, increase_rate = 0.025,
  ...)

Arguments

x	Income
cutoff	Where does the progressive step kick in
base_rate	Normal rate
increase_rate	Extra rate
...	Additional parameters to medicare levy function

Value

Progressive medicare levy owed in dollars

Examples

ml_progressive(50000)

thmcmahon/taxFunctions documentation built on May 31, 2019, 10:45 a.m.