Year |
Gross Payment |
Federal Taxes |
State Taxes |
Net Payment |
1 |
$1,851,327 |
$462,832 |
$0 |
$1,388,495 |
2 |
$1,943,893 |
$485,973 |
$0 |
$1,457,920 |
3 |
$2,041,087 |
$510,272 |
$0 |
$1,530,816 |
4 |
$2,143,142 |
$535,785 |
$0 |
$1,607,356 |
5 |
$2,250,299 |
$562,575 |
$0 |
$1,687,724 |
6 |
$2,362,814 |
$590,703 |
$0 |
$1,772,110 |
7 |
$2,480,955 |
$620,239 |
$0 |
$1,860,716 |
8 |
$2,605,002 |
$651,251 |
$0 |
$1,953,752 |
9 |
$2,735,252 |
$683,813 |
$0 |
$2,051,439 |
10 |
$2,872,015 |
$718,004 |
$0 |
$2,154,011 |
11 |
$3,015,616 |
$753,904 |
$0 |
$2,261,712 |
12 |
$3,166,397 |
$791,599 |
$0 |
$2,374,797 |
13 |
$3,324,716 |
$831,179 |
$0 |
$2,493,537 |
14 |
$3,490,952 |
$872,738 |
$0 |
$2,618,214 |
15 |
$3,665,500 |
$916,375 |
$0 |
$2,749,125 |
16 |
$3,848,775 |
$962,194 |
$0 |
$2,886,581 |
17 |
$4,041,214 |
$1,010,303 |
$0 |
$3,030,910 |
18 |
$4,243,274 |
$1,060,819 |
$0 |
$3,182,456 |
19 |
$4,455,438 |
$1,113,859 |
$0 |
$3,341,578 |
20 |
$4,678,210 |
$1,169,552 |
$0 |
$3,508,657 |
21 |
$4,912,120 |
$1,228,030 |
$0 |
$3,684,090 |
22 |
$5,157,726 |
$1,289,432 |
$0 |
$3,868,295 |
23 |
$5,415,613 |
$1,353,903 |
$0 |
$4,061,710 |
24 |
$5,686,393 |
$1,421,598 |
$0 |
$4,264,795 |
25 |
$5,970,713 |
$1,492,678 |
$0 |
$4,478,035 |
26 |
$6,269,249 |
$1,567,312 |
$0 |
$4,701,937 |
27 |
$6,582,711 |
$1,645,678 |
$0 |
$4,937,033 |
28 |
$6,911,847 |
$1,727,962 |
$0 |
$5,183,885 |
29 |
$7,257,439 |
$1,814,360 |
$0 |
$5,443,079 |
30 |
$7,620,311 |
$1,905,078 |
$0 |
$5,715,233 |
Total |
$123,000,000 |
$30,750,000 |
$0 |
$92,250,000 |
|