The code is going to be c++

E. Tax Calculator Write a program to prompt for the income, then calculate and display the initial amount, the amount after deductions, and the deducted amount. Again use good programming practices Display messages so that the results are understandable. Assume individuals are taxed at an incremental rate as given below: incremental lncome 0 to $ 30,000.00 $30,000.01 to $50,000 S50,000.01 to $100,000 $100,000.01 to $200,000 Tax Rate 090 10% 20% 30% 35% 40% 200,000.01 to $250,000 250.000.01 Note that the above ranges are not total income but additional income. For example if one earns S125,000 per year, then there is no tax on the first $30,000. The next $20,000 is taxed at a rate of 10 percent, the next $50,000 is taxed at a rate of 20 percent, and the remaining $25,000 is taxed at a rate of 30 percent