How to Do a Basic Tax Rate Calculation with VLOOKUP

This is not correct.

agreed. doesn't take into account the remaining liability.

U rock

This is not correct. We have marginal tax rates, not straight tax

OMG you have no idea how much you helped me, even my prof could not explain it the way you did, thank you so much

Ive been trying to nest IF functions for like 2 hours now trying to get this to work, thanks for curing my headache with this very simple formula

thanks, good job!