Calculate what percentage of taxes you'd pay if AOC's 70% tax bracket gets added

play.cr

BRACKETS = {
           0 => 0.1,
        9700 => 0.12,
       39475 => 0.22,
      84_200 => 0.24,
     160_725 => 0.32,
     204_100 => 0.35,
     510_300 => 0.37,
  10_000_000 => 0.70,
}

def taxes(income)
  tax = 0
  BRACKETS.to_a.reverse.each do |bracket, tax_percentage|
    if (income >= bracket)
      # puts "income: #{income} bracket #{bracket} tax% #{tax_percentage}"
      in_bracket_amount = income - bracket
      tax += in_bracket_amount * tax_percentage
      # puts "taxation on #{in_bracket_amount}: #{in_bracket_amount * tax_percentage}"
      income = bracket
    end
  end
  tax
end

income = 700_000_000 # enter your yearly income here

puts "Income: #{income}"
puts "Taxes to pay: #{taxes(income).round(2)}"
puts "Percentage of income spent on taxes: #{taxes(income) / income * 100}%"