answersLogoWhite

0


Best Answer

It would be unimportant and irrelevant...as the Q itself is foolish. NO ONE makes a Billion in a year...there are very few billionaires in the entire world...and that is after a lifetime of success...not as income...

Anyone even with many millions of income and substantial assets would be involved with tax planning, deferring income, having some invested in other countries, planning how the remainder will be left - to charity or family or both etc., etc.,

User Avatar

Wiki User

14y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: How much tax do you pay on one billion dollars?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

If you lose an iPhone how much would you have to pay to get another one?

50 billion dollars


How much does nike pay Rafael Nadal?

3 Billion dollars


How much will Morgan Stanley pay Citigroup Inc to merge brokerages?

2.7 Billion dollars


How much restitution do you pay if you shoplift from walmart?

3 billion dollars ... I know, right?


Who did Germany pay 33 billion dollars to in reparations?

The treaty of Versailles required Germany to pay 33 billion dollars (£6.6 million) in reparations for the cause of WW1.


How much money is needed to end world hunger?

The cost of providing one billion people with 250 kilograms of grain every year is approximately $40 billion dollars a year. That would seem to be a lot of money, but with one billion people to pay, it is no big deal: $40 a year!


How much is a 1950's Kelvinator refrigerator worth?

Whatever someone is willing to pay for it.


How much interest would a bank pay on a million dollars a year?

you will get $0.10 a seconds if you have 1 Billion dollars in the bank which is $360 a hour $8,640 a day and 3,153,300 a year


Why is the US so in debt with China?

Actually the US owes about one trillion and half dollars to china out of the sixteen trillion of the total debt. It can quite be impossible for the united states to pay this in one payment but it can be paid in a payment plan. For example if the US goverment paid 35 billion dollars a year to china it will take about 30 years to pay it off. Now if the US goverment paid 75 billion dollars a year to china it will take about 25 years to pay it off. Now in order to pay off this debt the US goverment must make some cuts somewhere to pay for this and not borrow anymore..... Lets see.. The US goverment spends about 37 billion dollars in foreign aid and military asistance. If we cut this forms of aid we now have 37 billion dollars to pay now we need 38 billion more... If the US goverment took a billion dollars from other programs like 5 billion on army, and 5 billion from foodstamps and some here and some there etc. the goverment would have enough money to pay back the debt it owes to china and most importantly it didnt have to borrow.


How long does it take to pay off 1 trillion dollars at a million dollars a day?

It would take one thousand days to pay off 1 billion dollars at 1 million dollars per day. It would take one thousand days to pay off 1 trillion dollars at 1 billion dollars per day. Therefore, it would take 1000 x 1000 days, or 1 million days to pay off 1 trillion dollars at 1 million dollars per day. This is roughly equal to 2,740 years. That is assuming there is no interest on the principal.


How much tax you will pay in one hundred thousand dollars prize?

40000 dollars at 40%


How much should you pay for a bushel of cucumbers?

One million dollars.