Question: In PYTHON programming language i will upvote Income Tax Calculator (hypothetical): Assume the income tax is calculated using the following rules: 1. Salary/Pension income: taxed
Income Tax Calculator (hypothetical): Assume the income tax is calculated using the following rules: 1. Salary/Pension income: taxed at the flat rate of 15% of annual net salary. 2. Capital gain income: long term capital gain is taxed at 10% while short-term capital gain is taxed at 33%. 3. All other income: 15% tax rate for the first $100,000 and 26% for any income above $100,000 4. Senior Citizens: Senior citizens get a 20% exemption (i.e. their taxes are reduced by 20% ). Write a Python GUI application (using tkinter) that prompts the user to enter income for each of the source category listed above and displays their income tax. Use a radio button for the Senior Citizenship status
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