12 Apr '15 19:22>
Manny Mo and Jack have 12 billion between them, 4 billion each.
They find this inventor who is a combination of Edison, Keurig and Tesla
and they make him an offer, full partnership and they will give him as much money as they need to make all four of them have the same amount of money.
So what the hell, 1 billion from each, they all have 3 billion and they go home and have a party.
Not so fast, the IRS says.
You gave him 3 billion dollars and the tax on that is 40 % so they take 1.2 billion and leave him with 1.8.
They go, ok, we will all chip in 400 million apiece and pay the tax. The IRS says, the tax on 1.2 billion is 480 million.
So they get their favorite math dude working for the company and he comes up with the right numbers where everyone has the same amount and the IRS is satisfied.
So who pays what to whom? What did everyone receive?
They find this inventor who is a combination of Edison, Keurig and Tesla
and they make him an offer, full partnership and they will give him as much money as they need to make all four of them have the same amount of money.
So what the hell, 1 billion from each, they all have 3 billion and they go home and have a party.
Not so fast, the IRS says.
You gave him 3 billion dollars and the tax on that is 40 % so they take 1.2 billion and leave him with 1.8.
They go, ok, we will all chip in 400 million apiece and pay the tax. The IRS says, the tax on 1.2 billion is 480 million.
So they get their favorite math dude working for the company and he comes up with the right numbers where everyone has the same amount and the IRS is satisfied.
So who pays what to whom? What did everyone receive?