Make 20 million for a film

>make 20 million for a film
>30% to income tax
>20% to agent and manager
>walk away with 8.2 million

the american dream

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39%

just post pictures of little girls... some tier.

Meanwhile in certain parts of Europe you would go home with like 3 million.

Why do they take so much of our money:(

8.2M/year (assuming you only shoot one film per year) is still a very large paycheque. you probably won't make 8.2M in your entire life OP

they don't deserve that much either.

>20 million
>take off 50%
>8.2 million

you don't deserve anything close to that if you can't manage simple maths

see

This. Here's the Dutch tax system

52% of anything you make over €66k goes to da gubmint

>poor guy made 8 million pure profit off a 20 million paycheck
I feel so bad for him. I hope he'll be okay.

>Made $103k last year.
>Paid out nearly $40k in income tax, payroll tax, union dues, and health insurance premiums.

The American dream.

Op you will probably never make 2 millions...

wtf I thought he was rich?

this is retarded. everyone with a decent job making 80 - 100k will make 2 million in their life time.

the agent take before tax. income tax is calculated AFTER work related expenditures.
so it would be 20m*0.8=16m
and then tax that 16m*0.7=11.2m

he gets most of the money, and im pretty sure agents dont take that much

Agents get 10% managers probably the same

>it is common for people to make 80-100k.

A good portion of Americans make well below 40k, and middle class varies among states. 40k-60k can give you a comfortable lifestyle in the south and midwest, whereas that same amount puts you in working-poor tier in NYC, California and some other places. People making 70k-100k are usually middle-aged Americans who have put tons of years into the system.

I know American TV has you fooled, but it is not typical for undergrads to make 120k+ right out of college like Silicon Valley.

i'm 29 and make 85k a year so

I'm my country, we didn't have a cap so there was one famous person who payed a total 102% tax. So for every buck she earned she lost money.

In, fact I think they just got rid of it it in some retarded fashion again.

>I am 25 and make $100k a year with only a high school diploma.
You can beat the system.

I'm starting to think that Leo is posting these threads.

70% of ameripoors never earn more than $65k a year in their entire working life.

Yep but op will never make 80k

>probably
that's very nice of you

Try live in Brasil ;_;

poor guy

>55k is the average in my country
>everything still costs a fuck load more than in America

Well, maybe not so much these days with the Euro being a thing.

>[Citation needed]

No one, absolutely no one, needs that much money. Fucking ridiculous.

find your own citation. it's so cute how americans all think they are going to be rich, right up until they retire earning $60k a year with a meagre pension.

You don't make any money.

>I can't back up my statement so I'm going to be edgy

PhD Math is 300k first year starting.

With that much money I wouldn't need to work another day in my life. Who cares? A shitload of money is still a shitload of money.

>I have achieved X, so therefore everyone else can/will.

Different factors play into success. I make $70k myself, but I'm a STEM grad with an MS in Mechanical Engineering.

The point is that people can work their entire lives and they still won't be able to make a middle class living. It is not "normal" for people to be in our income brackets and I admittedly make less than the both of you.

Modern day middle class America, mind you, isn't necessarily because one parent works and earns 80k+. Both parents in middle class homes work now more than ever, bringing their total amount to 80k+.

Congrats on your individual successes, but it isn't the norm.

huffingtonpost.com/2013/11/05/income-inequality-crisis_n_4221012.html

it's actually even worse. my citation-free post must be out of date.

>If you make more than $50,000, you earn more than 73.4% of Americans.

Good thing she didnt have to had paid the money to anyone, she just had to let out the appropriate amount of rope.

Small price to pay for living in a civilized world where your government actually uses that tax money to enrich everyone's lives instead of sending it to Israelis tbqhwu

>math pays good
Favorite meme desu.

how the fuck does anyone become a billionaire with those taxes

Am I reading this wrong or is that 36% tax for even the smallest amount? Because that's crazy.

IN YUROP THEY'D TAKE 90%

GERARD DEPARDIEU DEFECTED TO RUSSIA TO AVOID ABSURDLY SOCIALIST YURO TAXES IN FRANCE

ANYWAY WHEN TRUMP GETS IN HE'S GONNA LOWER TAXES MORE

USA USA USA

Then why is the Netherlands one of the top 3 countries in the world? Dumb yank poster.

Long term capital gains is taxed at 20% for the highest income bracket. It also doesn't have payroll taxes on it.

That's how people like Warren Buffett get so rich. Hold an asset for more than 1 year and you get a 19.6% break on the taxes.

>the whole of europe is one country
Why are americans this retarded?

Nobody said anything about that you insecure fuck. I'll come to Amsterdam and shit in your streets m8.

Just letting you know that "crazy" tax rates aren't always bad. :D

Disgusting picture. That man has not aged well and looks like a menace.
What country?

>:D

>get pay bump from 19000 to 20000,
>end up losing more than 1000 in taxes

d-dank je

I disagree.

I make $70k and I'm fucking enraged each time I see the amount of taxes taken out my check(s). It's un-fucking-real I have to deal with this shit.

AMERICANS DONT HAVE TIME TO DISTINGUISH BETWEEN YOUR VARIOUS KUCKED VASSAL STATES

YUROP IS THE NU GERMAN REICH, EXCEPT INSTEAD OF A NATIONALIST DICTATOR YOU HAVE A SOCIALIST DICTATOR

uh oh! you caught me!!

got a reddit tab open right now haha

Typical selfish Amerifat attitude, this is why your country will never be as good as the Netherlands.

That's not how it works with taxes, retard.

It all income WITHIN that bracket is taxed at that rate. Once you move to a higher bracket, only the money you make within that bracket is taxed at that rate.

People are dumb and don't understand something as simple as taxes. Who'd have thought it?

>make 8.2 million to play pretend with your friends

the american dream

haha :D lol :P xD

and of course
>plus tip

so using the OP's example he still loses millions ?

kek

I live in a capitalistic system. What do you expect?
>Be mad at a killer for living in a murderous society.

Our cultures are inherently different. In a capitalistic economy, competition is consistent and it's kill-or-be-killed.

I don't even know what you're trying to say, but let me break it down for you one more time so you clearly get it:
Let's say you make $15,000 in a year.
There's a tax bracket from $0-$10,000 that is at 10%.
There's another bracket from $10,001-$20,000 at 20%.

So on your first $10,000 you pay 10% tax which is $1,000.

On your next $5,000 you pay 20% tax which is also $1,000.

Therefore your total tax bill is $2,000 which gets you an effective tax rate of right around 13%.

Got it?

great, so using the OP's example he still loses millions ?

People who earn millions of dollars annually usually got really lucky, why shouldn't they help people who didn't get as lucky? They still walk away with more money than they know what to do with at the end of the year anyway...

Shitstorm incoming. I'm not even sure if this is bait or not.

>FAGGOT PC SOCIALIST GOVERNMENT DECIDING WHAT TO DO WITH YOUR MONEY

ENJOY WORKING FOR ACKMED THE BENEFITS LEECHING RAPEFUGEE

BILL GATES AND WARREN BUFFET HAVE DONE MORE FOR THE WORLD VOLUNTARILY THAN ANY TAX GRABBING GOVERNMENT HAS

Actually, if Leo was smart, he'd pay a lower effective tax rate than you and I.

how

setting up an offshore to receive his revenues, and filming everything outside the US

>Union
Ah, so you're unskilled and being paid artificially far higher than you would otherwise and ruining whatever industry you're in just like how unions ruined Detroit

Let us know when you get a real job

By which metric? I'm positive it isn't economy or GDP, population size, scientific merit/research being done, etc.

I'd guess happiness but only because you can legally get high and fuck hookers there so your whole country is Las Vegas for yurop

Ach hou toch je klep. Belasting is de kanker die onze maatschappij kapot maakt. Stel je voor dat iedere idioot die een uitkering kan krijgen er een krijg en de rijken en voor betalen. Wat voor reden heb je als lid van de maatschappij om nog te werken?
Er zit een verschil tussen echt geld nodig hebben en een kamper zijn en niet willen werken.

For english people TL;DR: getting disability is for lazy people.

Not him, but we don't live in a true capitalist society here in America. Want proof? Things like welfare and neetbux exist which keep the literal bottom tier people alive. In other countries or a true society based on worshiping money and your worth being quantified as how much you can earn, those people would be left to die. We don't have true poor and thus we don't understand what real capitalism and free markets are here. If you tell me Tyrone with 12 kids or some autistic shitposter deserve my tax money for free just for existing then you don't believe in real capitalism. Where's the "competition" there? They remove themselves from competing and get rewarded to do so.

You bought into the propaganda a little too much. We aren't as free as you believe and we are not a free market democracy. Corporations control this country right down to the laws being passed via lobbyists bribing corrupt senators

In any sane tax system you can't lose money by making more money.
The higher tax rate only applies to the money that pushed you into that bracket.

>implying tax systems make sense for the tax payer and not payee in any country

Thats not how it works you idiot.

Cost of living in a society.

>Implying I'm ruining anything.
>Implying you'd do this job if you didn't get this pay.
>Implying unskilled.

Sure, that's fair enough. But where I draw the line is when my money goes to pay for things I don't agree with like """refugees""", government sponsored abortions, pay checks for bottom of the barrel people with 8 children that don't work, Carlos and his illegal immigrant wife and kids' healthcare somehow, et cetera ad nauseum.

Have you ever tried to read the American tax code? It's mind blowing and they take and reallocate my money to things I disagree with morally without even asking me :^)

Yes it is.

h-how do i avoid taxes

be poor or a criminal

That is how it works, retard. That's exactly how tax brackets work. The reason you think that if you get a raise that you'll actually lose real income because if increased taxes is because you're a moron and so are most people.

Very few people would actually lose income from being bumped up a bracket. One of the few examples I can think of is a person that is getting a shit load of qualified dividends and trying to stay under the $40k cap so they actually pay no income tax. But that's very rare that a person would amass that many shares and not also have another sizable portion of income that it would screw them.

Look at Detroit. Unskilled laborers who literally repeat the same action of pick up part A and place into slot B for 8+ hours a day that made more than the engineers who actually designed the cars.

That is why Detroit is a former big city turned into a slum. And of course no one would want to do the work without the pay, but if you're in a union that typically means unskilled labor. No, going to backwoods redneck technical school for 3 months doesn't make you skilled. There is no reason to have labor unions in the 21st century. They already served their purpose and are now extortion groups that force you to join, pay, and sometimes even vote their politics.

Live in the middle of bumfuck nowhere in the woods

>get 8.2 million for two months work... work that you actually enjoy

My agent and manager can take whatever the fuck they want if i still walk away with that

Right instead it goes to proud rapefugees who blow you up and behead you

>win $300 million lottery
>only get $100 mil if you choose lump sum
>only get $50 mil after tax
god bless murica

Taxes are a meme, just don't pay them. The IRS wont go after you unless you're a literal trillionaire.

I've never paid taxes and nothing has happened to me yet. Only suckers give the government their hard earned cash. :)

Be a nigger with 20 kids and have the government pay you
Get neetbux and have the government pay you
Be an illegal Mexican and have a touchdown on us soil and have the government pay you
"Injure" yourself and have the government pay you
Go to costco, slip in peepee, she and have the government pay you


Any sort of degeneracy works

Bill Gates wants to leave most of his wealth to charity, his own children won't have a shitload of money handed to them. An education that's top of the line and the Gates name is all they need to be successful. You don't take any money with you, best you can do is try to make the world better.

And elevating the poor to a higher level is good for all of society, on less nigger on the streets means one less nigger out committing crimes. If it was all about money this place would be mexico, where you have to pay for everything. Do you want the US to be like mexico, you cheap fuck?

The main purpose they serve today is to force employers to invest in their existing workforce. There's no other way to make that happen and it's necessary to create happy, long-term employees and strong companies. I agree that they're antiquated but they do still serve a purpose.

>choosing lump sum and taking it in the ass in taxes and reductions
t someone who doesn't work

>A good portion of Americans make well below 40k
Mate, I live in the 3rd world and the average person here makes more than that

HAHA Leo you ONLY made 8 million!

HAHA I am so glad I'm not Leo so I don't have to deal with trying to live off of such pittance!

And he probably thinks his life is great. When it reality he really wishes he was me!!!!!!1!!!!!one!!!

Hahaha idiot!

>implying unions weren't part of what raised the minimum wage for the lower classes
>implying a truly free economy wouldn't further increase the income disparity in the US
>implying unions were responsible for shit Detroit, instead of cheap and money-hungry companies exporting jobs and the US not having the balls to force them to stay

I bet you jizz at the thought of 3rd world faggots taking our jobs, you unpatriotic piece of shit.

> t someone who doesn't work

Ummm, excuse me? You'll see me out working the corner every night to earn a living.

Try again sweetie :) x

Which country