1% CEO Confronts OWS Protesters, owns them

[thobel]

state tax?

he's in NYC

State Tax 8.97%
City Tax 3.5%

I think the rates where just increased a few weeks ago but not 100% sure

35
9
3
---
47-48%% roughly

add in AMT tax, Millionare surchare Tax etc and he's over 50%

 

[soundforbjt]

he's in NYC

State Tax 8.97%
City Tax 3.5%

I think the rates where just increased a few weeks ago but not 100% sure

35
9
3
---
47-48%% roughly

add in AMT tax, Millionare surchare Tax etc and he's over 50%

What about capital gains where he's taxed @ 15%? And I'm pretty sure most of his real wealth is in capital gains % income,