"Maxprop" wrote in message
ink.net...

"Walt" wrote in message
...
Maxprop wrote:

It is taxed exorbitantly, typically at around 50%.

Not quite. Currently it is taxed at a maximum rate of 45%, with the first
$2 Million exempt from the tax.

Make me a liar for 5%??


Actually you're both liars.

Include the tax on the first person who earned it, you're looking at 70%
tax!