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Old 04-15-2015, 01:08 PM
  #180871  
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Originally Posted by BenderRodriguez
14.22% more W2 than last year.
73% more taxable earnings
98.98% higher tax bill

God I love our government
That does not seem right. 2013 you probably had a bunch more thing to write off. I would have a 2nd party double check your 2013 to your 2014 taxes. With 14.22% more income I would have expected your tax bill to be up 4-7%
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Old 04-15-2015, 01:11 PM
  #180872  
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Originally Posted by BenderRodriguez
14.22% more W2 than last year.
73% more taxable earnings
98.98% higher tax bill

God I love our government
Welcome to the AMT baby!

I would vote for any Politician who is pushing for a flat tax, same rate, top to bottom, but Steve Forbes tried that many years ago and got nowhere with it.
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Old 04-15-2015, 01:25 PM
  #180873  
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Originally Posted by bohicagain
That does not seem right. 2013 you probably had a bunch more thing to write off. I would have a 2nd party double check your 2013 to your 2014 taxes. With 14.22% more income I would have expected your tax bill to be up 4-7%
It was 14% W2 income increase. My investment income rose 73%. (Great year. ). Plus, I haven't itemized in 12 years. Can't. And Timbo is right too.. The AMT got me this year. I guess I am now officially rich (according to the IRS anyway. I have been hyperventilating all day after writing the check.


Bastages
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Old 04-15-2015, 01:38 PM
  #180874  
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Originally Posted by Vikz09
They sure seem confident in a pilot contract being done before the due date. Not sure how they expect only a 2% increase in employee costs and a new pilot contract. Sure sounds like they don't plan on reaching into the wallet. Perhaps they already have direction from ALPA and offsets are in the works.


Also confirmed that we will be down to 7 747's at the end of this year with only 6 flying.
I think i get now how they do it...



1) you can increase wages in c2015 to a level that would pass by 51%

2) park WBs

3) without WBs the C2015 pay increase is only a net 2% increase on total cost to the company.

4) it's not cost neutral... we made more money per pilot.

Last edited by forgot to bid; 04-15-2015 at 01:49 PM.
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Old 04-15-2015, 03:20 PM
  #180875  
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Originally Posted by Mesabah
China is printing money to buy dollars to keep their economy from full collapse, Europe is on the verge of total breakup. Do you really want to be left holding the bag, or your code share partner?
I disagree with the China collapse conclusion. Big cities in China are running on all cylinders. There has been some manufacturing loss to SE Asia, but collapse might be a little of an extreme view. Yes there are some cities where nobody live, but speculators still bought the properties. China's goal is full employment for their population, in that area, they succeed magnificently. China has resistant significant pressure to free float the yuan/renminbi because it would be worth 3 times what it's worth overnight. They own our debt. If they dump our debt on the market, America and the dollar collapse just like the ruble of 1990.

Delta isn't reducing flights to China.

Europe, meh. The world knows the Euro will stop being a currency eventually. Then what? Greece prints Drachmas and gets to have fake nirvana all over again. Spain prints, Portugal prints their own and so on. Last I checked, visa and MasterCard were accepted in all of Europe. There's your euro. The EU violated their own terms with the simple act of giving bailouts. The good news is, the borders are more open than they were pre-EU. So trade is done in dollars. I got no problem with that. And the countries that used to be cheap to go visit pre-euro will be cheap again. Germany will always be the powerhouse in Europe. England was wise to not join in the tomfoolery. Even though I understand Deltas business decision, although on a personal level I don't like it, I tend to agree with you assertion that code shares will do the flying...although I'm not certain that equates to holding the bag.

So two observations about Europe, One, what does this do to our codeshare percentages and what's ALPAs response...and two, given the potential for meltdown in Europe, with Delta obviously positioning themselves to be on the sidelines, when is the timing right to short the market?
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Old 04-15-2015, 03:38 PM
  #180876  
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Originally Posted by gzsg
And no displacements. Right.

Displacements off the whale will push the training dept over the cliff. Maybe another buyout. This time with more incentive.
The only incentive they need is to pull the whale off BKK and Manila...gone.


Love ya Carl, mean it.
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Old 04-15-2015, 03:39 PM
  #180877  
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Originally Posted by BenderRodriguez
Pete Najarian thinks DAL will hit $50. DYODD of course.
That's not a stretch, it already hit $50.50. It's going to $60 by this time next year. Dyodd.
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Old 04-15-2015, 03:40 PM
  #180878  
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Evidently you 777 guys have heavy discussions that would make the pink Financial Times proud.

We 717 guys basically ask "wife, kids, where do you live" and expect nothing more than a "Yes, 2, Newnan, visual backed up by ILS, 1199 and baro, missed with tower", end of back story and then start back down.
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Old 04-15-2015, 03:42 PM
  #180879  
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Originally Posted by scambo1
The only incentive they need is to pull the whale off BKK and Manila...gone.
Love ya Carl, mean it.
Hey, I got a BKK trip in May!
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Old 04-15-2015, 03:45 PM
  #180880  
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Originally Posted by flyallnite
Well, that's my point. They offer the buyout, and guys on other equipment take it, and get asked to 'stick around' because they are LCA's or they are just short of captains in that category. OR the 747's 'stick around' longer than planned. How many times did that happen with the DC9? It does affect everyone because they didn't staff for that position with a non-buyout pilot, at least until they guy leaves. I'm just saying, if there's a buyout, then there needs to be a 'drop dead' date after which you're out the door. There are people who took the last buyout who are still here, flying trips.
There were a couple who negotiated later retirement times back when they took the buyout. I think the last one leaves at the end of next month.
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