Originally Posted by
FDXLAG
I am sorry it must not have been you that claimed that the would have to pay german and american taxes it must have been some other fear monger yes vote in an earlier post. But the bottomline is the ALPAPAC supported politicos like to tax rich captains at higher tax rate then middle class FO. Now I am not going to research this so I am doing this from memory. The way the tax system works is the US tax foreign exclusion cuts off at about 100K (if you include rent subsidies). After that you are taxed at your normal rate. Consequently someone pulling down 300K has a much higher effective tax rate than someone making 180K. Throw in all the other taxes FICA, MEDICAID, German Soc sec and who knows what a capt take home would be (perhaps the NC should). I asked the NC to publish a table for loa 1 that had Tax equalization vs no tax equalization rates, never saw one but I digress.
Maybe ALPA can look in their Archives and see how NW worked the tax issues for their Berlin based pilots wouldnt that be the logical tax starting place for a world class union to start negotiations.
Sorry trying to rember my High School German. It should have been Geh mit Gott.
So now I am a fear mongering yes vote? Didn't I say that I was undecided and just wanted to debate both sides? I guess that would make you a fear mongering no vote. I also said that I didn't understand
german taxes, not U.S. taxes. I know the CAP and FO pay the same tax rate on the same AGI of $180k. Again, you were the one that said,
Originally Posted by
FDXLAG
I do think you would be surprised as some jr guys might do ok without tax equalization.
I was just wondering why tax equalization was ok for junior guys and bad for senior guys. Again, I am trying to figure out how much leverage the FDA's are in the TA. It is my contention that our real leverage in LOA 1 was to give it to the company and then no one bid it. That is leverage. Unlike the 777, the company can't assign an FDA in reverse seniority. To have leverage, you have to understand the full worth, that is all I am trying to do.
I could open google translator to see what you are trying to say in German, but for some reason, I don't feel it is worth it.