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[oregonlive] Intel paid outgoing CEO Paul Otellini $18.9 million last year, a 10 percent raise - Page 5  

post #41 of 123
If he's in America, 10 million of that will be taxed out. I've met the CEO of the Discovery Channel. Funny little guy. Changed how I view CEO's entirely. They are VERY likable and they worked their BUTTS off to get there. These are the guys that stayed at work 24 hours straight when they were just beginning. They don't inherit these positions. Sure they're prestigious positions, but they're under the most scrutiny .
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post #42 of 123
Quote:
Originally Posted by Just a nickname View Post

Disgusting how much some one can make in a year.

Not really, they've worked their way up to that position in the company and the company sees fit to give them that sum of money for their contribution.

In this country everybody moans about bankers getting good bonuses, I don't see why they should complain when the bankers have earned that position. Don't like it? Then make an effort, get to that position, and change it.

TL;DR, Poor people will always hate on the rich.
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post #43 of 123
Quote:
Originally Posted by lacrossewacker View Post

If he's in America, 10 million of that will be taxed out.

I hope this is an exaggeration because it's wrong.
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post #44 of 123
Quote:
Originally Posted by Artikbot View Post

A bank director from my country (at one of the few banks without losses) was paid €4M as a retirement plan. Everyone got so mad at him and the company, that he was forced to return the money, the bank was fined, and they both were forced to do a public apology.

That is ridiculous, their money they can do what they want with it, who cares if people get mad.

ON TOPIC:

People saying its disgusting or that it sickens them; I don't see a problem with it, the company can do what they want with the money and this is totally OK.

I didn't know OCN had so many commies.
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post #45 of 123
Quote:
Originally Posted by mudman091878 View Post

I hope this is an exaggeration because it's wrong.

Nope.
http://www.caltax.org/research/calrank.html

http://www.policymic.com/articles/23933/tiger-woods-cites-high-taxes-for-leaving-california-backing-phil-mickelson-s-comments

http://www.forbes.com/sites/ashleaebeling/2012/11/08/california-voters-sock-it-to-the-rich-and-the-fate-of-other-state-tax-ballot-measures/
Quote:
Mickelson, if he decides to stay in California, would lose over 60% of his yearly earnings to taxes, and has already dropped a major investment due to the increases.
.
Quote:
Personal Income Tax: Highest in the Nation

A lot of people are moving from California due to the absurd taxes there, surprisingly a lot are moving to Texas (decent IT boom down there) or Florida (very low taxes)
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post #46 of 123
Quote:
Originally Posted by lacrossewacker View Post

Nope.
http://www.caltax.org/research/calrank.html

http://www.policymic.com/articles/23933/tiger-woods-cites-high-taxes-for-leaving-california-backing-phil-mickelson-s-comments

http://www.forbes.com/sites/ashleaebeling/2012/11/08/california-voters-sock-it-to-the-rich-and-the-fate-of-other-state-tax-ballot-measures/
A lot of people are moving from California due to the absurd taxes there, surprisingly a lot are moving to Texas (decent IT boom down there) or Florida (very low taxes)

Let me go play a sad song on the world's smallest violin. rolleyes.gif
 
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post #47 of 123
Quote:
Originally Posted by Cheezman View Post

Let me go play a sad song on the world's smallest violin. rolleyes.gif
Not my issue, I don't live there lol. I was just backing up my previous claim that he's only be bringing home 7.5 million of that 18.9
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post #48 of 123
Yep, I moved to AZ from NY. Mostly because of taxes. It's sad at how much the tax effect the people that already have a hard time supporting a small family.
post #49 of 123
to be fair a Bugatti gran sport is a fair wedge of that teaching.gif
post #50 of 123
Good for him. Underpayed if you ask me, biggrin.gif
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Overclock.net › Forums › Industry News › Technology and Science News › [oregonlive] Intel paid outgoing CEO Paul Otellini $18.9 million last year, a 10 percent raise