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How To Become a Millionaire, page-9

  1. 442 Posts.
    lightbulb Created with Sketch. 45
    That is a slightly mislabeled heading.  The assumption being that you would need $2m LESS 50% as a tax contingent.  This is actually 45% plus the medicare levy and surcharge making for a lower tax percentage of 48.5%.
 
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