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The tax on three million dollars depends on various factors, including the type of income (e.g., salary, capital gains), the individual's tax filing status, and the specific tax laws in the relevant jurisdiction. In the U.S., for instance, the income would be subject to federal income tax rates, which can be as high as 37% for high earners, plus any applicable state taxes. For precise calculations, it's important to consider deductions, credits, and other individual circumstances that could affect the overall tax liability.

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1w ago

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