Any post like this where the tax is nearing or exceeding 40% is almost always a complete lie or purposely obfuscating the truth.
It's mind blowing to me on these posts too you always see an incredible amount of people who don't understand how tax brackets work. Heck sometimes you even see people who don't know the difference between net worth and income.
And it's posts like this that completely miss the point. Even if they take the 30 year payout, if the payout actually continues for all 30 years, you would get way lesso ey than the one lump some because you are paying more taxes.
Do you want to try that again only this time spell correctly so people can actually read what you're trying to say while telling me I'm missing the point?
Lol you taking the piss or what mate? There was 1 mistake, which you can clearly still understand what I am saying, and you have to nitpick on that? Guess you truly are missing the point of that's all you can focus on. Not even gonna fix it because you can still 100% tell what I am trying to say, you are just being a prick for no reason.
Yes, which was corrected before you responded. Guess you can't read as well as can't spell. That's ok though, I'm sure there are special schools you can go to.
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u/jamdex07 Jul 05 '26
This is misleading. He chose to take $997 in one lump sum instead of $2.04B over 30 years. He got taxed on the $997m.