A19 3Q2122 MP9 MP 9.5 Tax Problems 2 According to the site Worldwide Tax Summaries, the table below is the tax matrix used for a common Filipino worker individual last January 2018: Taxable income...

Extracted text: A19 3Q2122 MP9 MP 9.5 Tax Problems 2 According to the site Worldwide Tax Summaries, the table below is the tax matrix used for a common Filipino worker individual last January 2018: Taxable income (PHP) Tax on column 1 (PHP) Tax on excess (%) Over Not over 250.000 250.000 400 000 20 400.000 800.000 30.000 25 800 000 2,000,000 130,000 30 2,000.000 8,000,000 490 000 32 8,000,000 2.410 000 35 But on the begining of January 2023 the said table will be updated to the table indicated below: Taxable income (PHP) Tax on column 1 (PHP) Tax on excess (%) Over Not over 250.000 250,000 400 000 15 400 000 800,000 22.500 20 800,000 2,000,000 102 500 25 2.000,000 8.000 000 402.500 30 8,000,000 2 202 500 35 Write a program to calculate how much less income tax a person paid on a given amount of income in 2023 than he or she would have paid in 2018.


Extracted text: 1 % Define variables: 2 % income -- Income in PHP 3 % tax2018 -- Tax 2018 owedin PHP 4 % tax2023 -- Tax 2023 owedin PHP 5 % Simulate: Prompt the user for the input power. 6 sampleData = [250000 400000 800000 2000000 8000000 100000ø0]: 7 income = sampleData (1, randi((1,6])); 8 fprintf('Taxible income: Php %0.2f \n',income); 9 % Calculate 2023 basic tax 10 11 12 13 14 15 16 17 18 19 20 21 22 23 % Calculate 2018 basic tax 24 25 26 27 28 29 30 32 33 34 35 36 37 % How much less tax was paid in 2009? Use tax diff as a variable 38