Originally Posted by
nerd2009
15.0%
in 2012
10.0% in 2013 and each
year thereafter up to 2.5 billion dollars profit, if it gets over 2.5 billion then goes back to 20%.
2013 used to be 20%
This is misleading. Our 2013 profit sharing tax was 15% of our 2012 PTIX. Actually that 15% went to every single employee at Delta. Our 2014 check will be 10% percent of the 2013 PTIX. Only the PTIX over 2.5 billion is 20%. Our profit sharing does not double if the company posts a 2.6 billion dollar PTIX. Only 100 million of it will be paid out at 20%.