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Google Founders Cut Salaries to $1
GeneralCern writes "MSNBC Reports that Google founders Larry Page and Sergey Brin, and CEO Eric Schmidt
all slashed their salaries to $1
last year. Since you do not have to pay FICA, Medicare, or income taxes on
the capital gains associated with stock sales, they stand to substantially decrease
their tax burden. Is this a breach of the company's "do no evil" mission
statement, or just an example of people who love their jobs so much they don't
need to be paid to go to work?" Update: 04/09 13:11 GMT by H :And don't trust the above tax lines; it all depends on how sales are done; moreover when you are worth X amount with stock, I suspect the "tax burden" of what is, relatively speaking, a salary that's small compared to networth isn't a substantial impact. Sorry folks; poor story.
Heh, hands off Val. The whole site is kinda under-construction. It's intentional, as it's a community thing. So some parts of it can't be built yet and other parts I don't have the skills to build yet, lol. The font size is fine on 1280*800, as far as I recall, *checks*, no I'm certain - changing the font size of one tab doesn't affect the others, at least not in Firefox.
Hmm, I might look into it. New Zealand, eh? Just bought a little place there on the South Island.. I'm wondering if there's a good script for a gallery of images, sounds, etc - like a gallery for all file types with support for reviews, submissions, etc. Any suggestions?