3 ms·
I build software for a living - building a program to take a list of 1000 brackets and compute the graduated tax rate would take about fifteen minutes (in a vac
by munk-a 4y ago
I build software for a living - building a program to take a list of 1000 brackets and compute the graduated tax rate would take about fifteen minutes (in a vacuum).
This is not a real problem.
(In response to your edit)
Do you think accountants are currently working by slide rule? The tax code is currently extremely corrupted by loopholes and exceptions. My original hyperbolic statement was to highlight that the graduation of income tax is dirt simple. We've currently got seven tax brackets and it is trivial to calculate what you're going to owe based on them, even if we pushed seven to a thousand it's still a trivial calculation to run.
- nonethewiser 4y agoYou shouldn’t need to be an account to know how much to withhold either