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Old 2006-01-04, 03:09 PM   #8
Jim
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Join Date: Aug 2003
Location: Mohawk, New York
Posts: 19,477
Quote:
Originally Posted by cd34
remember the solid logic behind that?

He takes his 75%, pays 53% tax, which is greater than your 20%, which means you are making more out of it than he is and he 'made' the company.

And if I recall, the offer was $12.5m USD.

And by the way, the math doesn't work. I guess the fetal position while sitting in a corner is not what gets the check written.
I do remember that...he wanted us to pay his taxes
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