
PepsiLime
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If you made $100,000,000, and tax rate is 35% that means you'd pay $35,000,000 in taxes, and end up with $65,000,000. As far as keeping the money, wherever you had the 65,000,000 put into is where you would keep it. To keep $100,000,000 at a 35% tax rate you'd have to earn $153,846,153.85, and the tax on that at a rate of 35% would be $53,846,153.85, leaving you with a net after tax of $100,000,000.00 |