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It will be over 100k in tax, just did some quick calculations and the way it works is: 0-8k is 10% 8001-33k is 15% All the way up to 35%
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12-21-2011, 08:52 PM
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#9 (permalink) |
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A True Z Fanatic
Join Date: Feb 2009
Location: Texas
Posts: 30,879
Drives: 370z
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It will be over 100k in tax, just did some quick calculations and the way it works is:
0-8k is 10% 8001-33k is 15% All the way up to 35% for over 300k, based on this you will be looking at over 100k for winning a Lambo, sucks but that is how the US tax code is.
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