James Russo

James Russo

Engineering at Brex

Fullstack engineer who knows nothing about design.
Example: this website.

Bored Hacking

1 post tagged with "typescript"

Calculating Progressive Income Taxes

January 18, 2023|
4 min read

In the United States (as well as other locations), we have a progressive income tax system. What this means is that the percentage or amount you pay in taxes increases as your income increases, basically higher income individuals pay a larger percentage of their income in taxes. While working on a side project I was unable to find an algorithm explanation of how to calculate progressive income taxes based on brackets, so this post goes into detail on a simple algorithm to do so.

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