Fedelar Tax Rate

JavaScript Test Program

Taxable equivalent yield = tax free yield/(1 - (your total marginal tax bracket) )

Please enter percent values: Example Massachusetts tax rate should be entered as 5.95

Please note: This calculator has limited editing and is not bullet proof. The user interface could be made more effective. This was just a test.

Federal Tax Rate
State Tax Rate	% {please enter}
Local Tax Rate	% {please enter}
Total Tax Rate	{calculated}

Tax Free Yield	% {please enter}

= %

Tax-free, or tax-exempt, investments offer investors the advantage of having income exempt from federal and / or state taxes. The after-tax advantage of these investments can be quite significant.

The "taxable-equivalent yield" is roughly equal to the return you would receive from a taxable investment. A tax-free investor should calculate the yield differences between tax-free and taxable investments to determine where he should invest.

Tax-exempt investments pay lower yields than taxable investments. The calculator above allows you to see if the lower yields on tax-free investments will generate higher after-tax returns for you than a taxable investment.

This is a first test of the capabilities of JavaScript. Initial comments: Makes for easy control interaction. However the loose type casting is very inconvenient.

If you have any questions, please send me an EMail

Please visit Christopher Cazer's World for other content, political opinions, Movie Reviews, and nifty stuff