🔮 Learn the Dark Arts of Finance
Cursed Scenario: Earnings $12.00, Corporate tax 25%, Personal tax 30%
After Corporate Tax: Earnings × (1 − Corporate Tax Rate) → $9.00
Your Personal Tax: After‑Corporate‑Tax × Personal Tax Rate → $2.70
Your Final Revenue: $9.00 − $2.70 = $6.30
Total Taxes Paid: $3.00 + $2.70 = $5.70
Trial Question: What is your final revenue per share?