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Old 03-25-2016, 03:40 PM   #19
Locke
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Join Date: Mar 2007
Location: Income Tax Central
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Quote:
Originally Posted by CaptainYooh View Post
and federal?
45,282 - 11,500 (this is a guess) @ 15% = 5,067.30
20.5% = 9,282.81
26% = 12,954.50
29% = 17,287.48
33% = 32,901,000

Total = $32,945,592.09

Including his Alberta tax it comes to 47,924,091.70. Give or take a little here or there for guesses and assumptions.

Or more or less 48% of his assumed $100M income.
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