mdriftmeyer

davidw said:

doggone said:

davidw said:

koop said:

My lord the amount executives get paid in this country is absolutely insane. Even morally bankrupt executives like the Wells Fargo guy might leave with 200 million dollars. 

I tend to look at it another way. Eddy "netted" $59.2M worth of vested stocks but the IRS kept $29M of it for tax purposes. The amount executives has to pay in taxes, on the amount of their salary that is over $425,000, is absolutely insane. Once vested, RSU's are consider part of his annual salary and not long term capital gains.

So you are saying he should not be taxed as earnings.  These are RSUs not options.  Therefore this is a bonus which are always taxed heavily and at time of payment.
I'm sure Cue looked at this as 30M gained, not 29M lost.

I clearly stated that his RSU was taxed as annually salary and not long term capital gains. The max marginal tax rate for Fed tax is 39.6% for any taxable income above about $425,000, (depending on filing status). That's as heavy as it can get. In CA, the max tax rate is 13.3% on taxable income above $1,000,000. That's a total of 49.9% on taxable income over $1,000,000. So basically, half the money he makes in annual salary over $1,000,000, goes to taxes. (Though he can deduct his State tax from his Fed tax when he itemizes) It's still an insane amount of money going toward taxes. And don't forget, this isn't like many European countries where a portion of it is going to pay for retirement benefits and medical benefits. Medicare was also deducted as a payroll tax. But no SS was deducted as SS deduction ceases above $117,000 annual salary.

When Steve Jobs 10M RSU became vested in 2006, he sold about $296,000,000 worth to satisfy taxes. It left him with $315,000,000 worth. Which he never sold and was worth $2B at the time of his death. Which was now subject to long term capital gains tax of 15% (at the time) on Fed taxes. But 12% State tax (at the time) as CA has no long term capital gain tax and everything is taxed as regular income. Which means the taxes on that $2B would be about $425,000,000. (after deducting the original $315,000,000, that was already taxed in 2006) 

rob53 said:

Biting the hand that feeds you. Apple pays a ton of taxes already in the US and the greedy government wants more. Why don't they go after all those 1%'s who find all sorts of loopholes to pay next to nothing? Of wait, it's easier to just go after Apple.

Can you point me to the actual amount of taxes Apple paid Ireland in 2014? I don't want the numbers by the corrupt EU commission, I want Ireland's numbers.

As for state aid, I see every state in the US making various deals with all corporations to locate in their state. Are these forms of legal state aid or just good business?

nolamacguy said:

mdriftmeyer said:

You must live through your phone. It's a tool, not a substitution for living.

nope, but I message friends and family all the time thru my phone, tablet, and computer. it's a valid form of communication. sorry you're so lonely out there. 

nolamacguy said:

ah yes, lets shit on this....just because.

nonsense. Messages is also my most-used app, and i think it looks awesome and tons of fun. even my 74 yo dad likes to send iMessages with emoji, and we're going to have a lot of fun sending effects and whatnot.

iOS is doing pretty well on security -- so well that the FBI tried to force them to handle over their keys. so i feel pretty confident in Apple's ability to keep on doing a good job. 

nolamacguy said:

jasenj1 said:

I guess I'm old and jaded. As a professional software developer I find it really hard to believe coding on the iPad will produce anything "real". Maybe it will give people a taste of breaking a problem down into steps, working with picky syntax, and introduce some other basic software production concepts. But compared to XCode, Eclipse, NetBeans, IntelliJ, and other "real" development environments, Swift Playground seems almost delusional.

yep, youre old and jaded. as an enterprise dev myself it was obvious and apparent that Swift Playground is a teaching tool. you know, because they call it a playground, and because they said it's a teaching tool for children & beginners.

how and why on earth you would be comparing it to Xcode is a mystery.