Quote:
Originally Posted by Enoch Root
except his income would likely be mostly dividend
|
Most likely, but I'm willing to take some time out of my work day to do a free 'quick and dirty.'
Even if it was dividend you've still got corporate tax paid on that and you're still looking at those rates.
The whole point is: if you dont leave it in your company you're looking at similar ballpark numbers.
And I agree with Rouge. If I'm coughing up $50M a year and I can do it anywhere in the world I would certainly be doing it somewhere else.