static decimal CalcTaxForOneBracket(bool verbose, List <StateTaxInfo> stateTaxObjects, State state, decimal originalIncome, Employee employee)
{
StateTaxInfo currTaxBracket = stateTaxObjects[0];
decimal tax = originalIncome * stateTaxObjects[0].TaxRate;
if (verbose)
{
Console.WriteLine("==================================================\n");
Console.WriteLine($"Computing state tax for ${originalIncome:0.00} earned in {state.Name}....\n");
Console.WriteLine($"This state has only 1 tax bracket for {employee.Name}'s income. {employee.Name} claims ${originalIncome:0.00} in {state.Name}. \n" +
$"With a tax rate of {stateTaxObjects[0].TaxRate * 100:0.00}% for income between ${stateTaxObjects[0].Floor:0.00} and ${stateTaxObjects[0].Ceil:0.00}, " +
$"{employee.Name}'s taxes are calculated by multiplying their income by the tax rate.\n\ntaxes = " +
$"(income)*(tax rate) = ({originalIncome})*({stateTaxObjects[0].TaxRate}) " +
$"= ${originalIncome * stateTaxObjects[0].TaxRate:0.00}\n");
Console.WriteLine($" Bracket 1 ");
Console.WriteLine("--------------------------------------------------");
Console.WriteLine($"{"Tax Rate(%)",-10}{currTaxBracket.TaxRate * 100,19:0.00}");
Console.WriteLine($"{"Floor(USD)",-10}{currTaxBracket.Floor,20:0.00}");
Console.WriteLine($"{"Ceil(USD)",-10}{currTaxBracket.Ceil,20:0.00}");
Console.WriteLine("--------------------------------------------------");
Console.WriteLine($"\n{employee.Name} would owe ${tax:0.00} in {state.Name} state taxes on ${originalIncome:0.00}\n");
Console.WriteLine("==================================================\n\n\n");
}
return(tax);
}
static decimal CalcTaxForMultiBracket(bool verbose, List <StateTaxInfo> stateTaxObjects, State state, decimal originalIncome, Employee employee)
{
decimal ogIncome = originalIncome; // hold onto this to display at line 370
decimal tax = 0;
switch (verbose) // lines 375-381 identical to lines 354-373 without any writing to the console
{
case true:
Console.WriteLine("==================================================\n");
Console.WriteLine($"Computing state tax for ${originalIncome:0.00} earned in {state.Name}....\n");
Console.WriteLine($"{state.Name} has {stateTaxObjects.Count} tax brackets for {employee.Name}'s income. To calculate {employee.Name}'s taxes you must cummulatively " +
$"sum the products of each tax rate with the portion of their" +
$" income within it's range.\n");
for (int i = stateTaxObjects.Count - 1; i >= 0; i--) // starting at highest tax bracket and iterate down
{
StateTaxInfo currTaxBracket = stateTaxObjects[i];
tax += (originalIncome - currTaxBracket.Floor) * currTaxBracket.TaxRate; // subtract the floor of this bracket from your originalIncome and multiply the difference
// by the tax rate of this bracket. Then add the product to tax
Console.WriteLine($" Bracket {i+1} ");
Console.WriteLine("--------------------------------------------------");
Console.WriteLine($"{"Tax Rate(%)",-10}{currTaxBracket.TaxRate*100,19:0.00}");
Console.WriteLine($"{"Floor(USD)",-10}{currTaxBracket.Floor,20:0.00}");
Console.WriteLine($"{"Ceil(USD)",-10}{currTaxBracket.Ceil,20:0.00}");
Console.WriteLine("\n\n");
Console.WriteLine($"{"Taxable Income", -10}{originalIncome - currTaxBracket.Floor,16:0.00}");
Console.WriteLine($"{"Tax", -10}{(originalIncome - currTaxBracket.Floor)*(currTaxBracket.TaxRate), 20:0.00}");
Console.WriteLine("--------------------------------------------------\n\n\n");
originalIncome = currTaxBracket.Floor; // set originalIncome equal to the floor of the current bracket to be used as originalIncome for next tax bracket down
}
Console.WriteLine($"\n{employee.Name} would owe ${tax:0.00} in {state.Name} state taxes on ${ogIncome:0.00}\n");
Console.WriteLine("==================================================\n\n\n");
break;
default:
for (int i = stateTaxObjects.Count - 1; i > 0; i--)
{
StateTaxInfo currTaxBracket = stateTaxObjects[i];
tax += (originalIncome - currTaxBracket.Floor) * currTaxBracket.TaxRate;
originalIncome = currTaxBracket.Floor;
}
break;
}
return(tax);
}
static List <StateTaxInfo> GetStateData(string filePath) // read from csv file and return list of StateTaxInfo objs
{
List <StateTaxInfo> statesTaxList = new();
StreamReader reader = new(File.OpenRead(filePath));
while (!reader.EndOfStream)
{
string csv = reader.ReadLine().Trim();
try
{
StateTaxInfo newState = ValidateCreateStateTaxInfo(csv);
statesTaxList.Add(newState); // if StateTaxInfo creation success, add to statesTaxList
}
catch (Exception)
{
//Console.WriteLine(e.Message + '\n');
continue;
}
}
return(statesTaxList);
}
