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To: DoughtyOne

Cash payout only $800 mil or so; after taxes probably less than half a billion. How many countries have GNPs smaller than that? Not that you’d want to live in any of them, of course!


65 posted on 01/10/2016 9:13:13 AM PST by JimRed (Excise the cancer before it kills us; feed & water the Tree of Liberty! TERM LIMITS NOW & FOREVER!)
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To: JimRed

I’d settle for half a billion. What is the top scale of capital gains these days. I think you’d wind up with at least half, and perhaps as much as 67% or so.

I thought the ceiling on capital gains was around 32%, but not being involved with that issue myself, I could be way off.


77 posted on 01/10/2016 1:19:47 PM PST by DoughtyOne ((It's beginning to look like "Morning in America" again. Comment on YouTube under Trump Free Ride.))
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