NETSALARY   Using only conditional statements and loops in Python, Write a program to ask for the name, salary and the state for 6 employees. Calculate the federal tax, state tax and the net salary for each employee. DO NOT USE FUNCTIONS.   Use the following criteria:   To calculate the federal tax, use the following criteria:   If the salary is greater than 100,000 then calculate the federal tax at 20 percent. Otherwise calculate the federal tax at 15%.     To calculate the state Tax, use the following criteria:   If the employee is from CA, NV, AZ, or TX calculate the state tax at 10%   Otherwise calculate the state tax at 12%   Calculate and display the netsalary.   Calculate the display the net salary of the employee. To calculate the net salary, subtract federal and state tax from the gross salary.

Database System Concepts
7th Edition
ISBN:9780078022159
Author:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Publisher:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Chapter1: Introduction
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NETSALARY
 
Using only conditional statements and loops in Python, Write a program to ask for the name, salary and the state for 6 employees. Calculate the federal tax, state tax and the net salary for each employee. DO NOT USE FUNCTIONS.
 
Use the following criteria:
 
To calculate the federal tax, use the following criteria:
 
If the salary is greater than 100,000 then calculate the federal tax at 20 percent.
Otherwise calculate the federal tax at 15%.
 
 
To calculate the state Tax, use the following criteria:
 
If the employee is from CA, NV, AZ, or TX calculate the state tax at 10%
 
Otherwise calculate the state tax at 12%
 
Calculate and display the netsalary.

 

Calculate the display the net salary of the employee. To calculate the net salary, subtract federal and state tax from the gross salary.

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