What is your 2021 effective total tax rate?
Curious what everyone’s effective tax rate this year is. Since this is a finance forum please use cash basis only (sorry B4 lurkers). In other words:
Cash Outflow due to taxes/Total Cash Income
Cash Outflow due to taxes includes Income, Property, Social Security, Capital Gains, etc. Do not make adjustments for DTA/DTL (if applicable).
Total Cash Income includes Cash Income (please do not include unrealized non-cash income such as options, restricted stock, etc.), Realized Capital Gains, etc.
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