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Old 09-19-2007, 12:38 AM
jaydub jaydub is offline
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Join Date: Dec 2004
Posts: 2,055
Default Re: How much do you think the top producers are worth? i.e. Timbaland.

[ QUOTE ]
What part of 'you have to pay taxes on income' don't you understand? No one is talking about tax-fraud. Is everyone retarded here after midnite? Stop pretending to be an expert on stuff you're clearly clueless on.

Income = 300m
Taxes ~ 150m
Net Worth before buying a burger ~ 150mm.

Now net out his spending on travel, expenses, his business, his toys, cars, etc.

You obviously have no clue what he's worth, so give it a rest as you are incredibly wrong here.

[/ QUOTE ]

Overreact much?

Are we back to discussing income? I thought we were clear that net worth was the 150mm figure, not income. Speaking of accumulated net worth does tend to assume that the taxes have been paid on the yearly income. Sure we can get into cap gains and such but I doubt that is very relevant here.

Toys tend to be subtracted from net worth as do burgers. Sure we are talking net worth?

For it's worth, I'm not saying pharell is worth 150mm, just saying that if his net worth is 150mm, it's not 75mm due to taxes.

Edit: For clarity and to end this retarded thread jack, specify the taxes which you believe my retart brain has missed with regard to his estate.

J
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