Define main and invoke itUse python 3.5 Define a Python function named calculate_tax() which accepts one parameter, income, and returns the income tax.Income is taxed according to the following rule: the first $250,000 is taxed at 40% and any remaining income is taxed at80%. For example, calculate_tax(100000) should return $100,000 * 0.40 = $40,000, while calculate_tax(300000) shouldreturn $250,000 * 0.40 + 50,000 * 0.80 = $140,000.In your file, you should include a main() that calls your function several times to demonstrate that it works.Your output should have the following format:With an income of $ 250001.0 the tax is $ 100000.8

Name: Define main and invoke itUse python 3.5 Define a Python function named
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Description: Define main and invoke itUse python 3.5 Define a Python function named calculate_tax() which accepts one parameter, income, and returns the income tax.Income is taxed according to the following rule: the first $250,000 is taxed at 40% and any remaini

Code : (Python 3) def main(): # gathering user income details print('Enter your income: ') income…

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Database System Concepts

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ISBN:9780078022159

Author:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan

Publisher:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan

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Define main and invoke it Use python 3.5

Define a Python function named calculate_tax() which accepts one parameter, income, and returns the income tax.
Income is taxed according to the following rule: the first $250,000 is taxed at 40% and any remaining income is taxed at
80%. For example, calculate_tax(100000) should return $100,000 * 0.40 = $40,000, while calculate_tax(300000) should
return $250,000 * 0.40 + 50,000 * 0.80 = $140,000.
In your file, you should include a main() that calls your function several times to demonstrate that it works.
Your output should have the following format:
With an income of $ 250001.0 the tax is $ 100000.8

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