grattan (version 2024.1.1)

inverse_average_rate: Inverse average tax rate

Description

Inverse average tax rate

Usage

inverse_average_rate(average_rate, ..., .max = 1e+08)

Value

The minimum income at which the average tax rate exceeds average_rate.

Arguments

average_rate

The average tax rate (\(\frac{tax}{income}\))

...

Parameters passed to income_tax.

.max

The maximum income to test before ending the search. (Used only to prevent infinite loops.)

Examples

Run this code
inverse_average_rate(0.2, fy.year = "2014-15")

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