F1 and Motorsport Forums
Jabberwocky wrote:I dont know whether to laugh or cry at the one....What's Burning? wrote:United Straights of AmericaJabberwocky wrote:Lone Star Circuitof the Americas
FRAFPDD wrote:Oh dear, well you cant blame them, we may say otherwise but there are far more important things then a racetrack, especially a grand prix track in texas of all places,It's actually not that great: 50k per nose, but that includes fringe benefits such as pension plan, health insurance, etc. Thus, net pay after taxes is more like 30-35k and that's $$ not pounds, so it's worth sh!t these days.
25 million dollars covers 500 teacher salaries!!!
Get me a teaching job in the U.S of A please!
Le coeur a ses raisons que la raison ne connaît point. 
darwin dali wrote:The teachers here I know start out in the low to mid 30's and can go as high as mid 60's if they go out an get masters and after a long career. So not a great living as DD points out. A worthy profession and certainly underpaid as far as I'm concerned, but not a career one goes into for the money.FRAFPDD wrote:Oh dear, well you cant blame them, we may say otherwise but there are far more important things then a racetrack, especially a grand prix track in texas of all places,It's actually not that great: 50k per nose, but that includes fringe benefits such as pension plan, health insurance, etc. Thus, net pay after taxes is more like 30-35k and that's $$ not pounds, so it's worth sh!t these days.
25 million dollars covers 500 teacher salaries!!!
Get me a teaching job in the U.S of A please!
darwin dali wrote:Yeah i realised that 25 mil split into 500 is a pretty normal salary......sounds a lot thoughFRAFPDD wrote:Oh dear, well you cant blame them, we may say otherwise but there are far more important things then a racetrack, especially a grand prix track in texas of all places,It's actually not that great: 50k per nose, but that includes fringe benefits such as pension plan, health insurance, etc. Thus, net pay after taxes is more like 30-35k and that's $$ not pounds, so it's worth sh!t these days.
25 million dollars covers 500 teacher salaries!!!
Get me a teaching job in the U.S of A please!
darwin dali wrote:Except that all the teachers are in unions, so even the bad ones stay employed. And the worst thing is that if you are a good one you dont even get bonuses or additional rewards so you have no incentive to be a good teacher. In conclusion, become a teacher, be bad at it and live well.FRAFPDD wrote:Oh dear, well you cant blame them, we may say otherwise but there are far more important things then a racetrack, especially a grand prix track in texas of all places,It's actually not that great: 50k per nose, but that includes fringe benefits such as pension plan, health insurance, etc. Thus, net pay after taxes is more like 30-35k and that's $$ not pounds, so it's worth sh!t these days.
25 million dollars covers 500 teacher salaries!!!
Get me a teaching job in the U.S of A please!
darwin dali wrote:[ net pay after taxes is more like 30-35k and that's $$ not pounds, so it's worth sh!t these days.That is pretty poo, The USD and AUD are about 1-1 these days so I cant imagine teachers here getting that, some friends who are teachers i think get around 47k after tax.
nish2280 wrote:This is not an accurate statement to say the least.darwin dali wrote:Except that all the teachers are in unions, so even the bad ones stay employed. And the worst thing is that if you are a good one you dont even get bonuses or additional rewards so you have no incentive to be a good teacher. In conclusion, become a teacher, be bad at it and live well.FRAFPDD wrote:Oh dear, well you cant blame them, we may say otherwise but there are far more important things then a racetrack, especially a grand prix track in texas of all places,It's actually not that great: 50k per nose, but that includes fringe benefits such as pension plan, health insurance, etc. Thus, net pay after taxes is more like 30-35k and that's $$ not pounds, so it's worth sh!t these days.
25 million dollars covers 500 teacher salaries!!!
Get me a teaching job in the U.S of A please!
FRAFPDD wrote:Yup, overhead is huge: pension plan contributions paid by the employer, e.g., need to be factored into the 50k, subsidizing health insurance by employer as well - brings it down to 35k gross income. But state and federal taxes get taken out from this, so net pay will be in the low 30k's.darwin dali wrote:Yeah i realised that 25 mil split into 500 is a pretty normal salary......sounds a lot thoughFRAFPDD wrote:Oh dear, well you cant blame them, we may say otherwise but there are far more important things then a racetrack, especially a grand prix track in texas of all places,It's actually not that great: 50k per nose, but that includes fringe benefits such as pension plan, health insurance, etc. Thus, net pay after taxes is more like 30-35k and that's $$ not pounds, so it's worth sh!t these days.
25 million dollars covers 500 teacher salaries!!!
Get me a teaching job in the U.S of A please!
and assumig 50,000 is 30,000 over here, 30,000 is still a great salary.
Wait....huh? the 50k includes fringe benefits, but your also taxed on it to make it more 30 k.........confused......
Le coeur a ses raisons que la raison ne connaît point. darwin dali wrote:Meh, early twenties earning 18,000 isnt too bad i guess...FRAFPDD wrote:Yup, overhead is huge: pension plan contributions paid by the employer, e.g., need to be factored into the 50k, subsidizing health insurance by employer as well - brings it down to 35k gross income. But state and federal taxes get taken out from this, so net pay will be in the low 30k's.darwin dali wrote:Yeah i realised that 25 mil split into 500 is a pretty normal salary......sounds a lot thoughFRAFPDD wrote:Oh dear, well you cant blame them, we may say otherwise but there are far more important things then a racetrack, especially a grand prix track in texas of all places,It's actually not that great: 50k per nose, but that includes fringe benefits such as pension plan, health insurance, etc. Thus, net pay after taxes is more like 30-35k and that's $$ not pounds, so it's worth sh!t these days.
25 million dollars covers 500 teacher salaries!!!
Get me a teaching job in the U.S of A please!
and assumig 50,000 is 30,000 over here, 30,000 is still a great salary.
Wait....huh? the 50k includes fringe benefits, but your also taxed on it to make it more 30 k.........confused......
At today's exchange rates, $30'000 = £18'450. Still want it?
bud wrote:It's not right to compare straight like that. There are differences in the purchasing power of the currencies and the US dollar still has proportionally more purchasing power than most other currencies, i.e., you get a lot for your money here in the US (just look at the gas prices compared to Europe or Australia!). So, the 'value' of 30k net when living costs are factored in, may well be higher or the same as your example teacher's in Australia.darwin dali wrote:[ net pay after taxes is more like 30-35k and that's $$ not pounds, so it's worth sh!t these days.That is pretty poo, The USD and AUD are about 1-1 these days so I cant imagine teachers here getting that, some friends who are teachers i think get around 47k after tax.
Le coeur a ses raisons que la raison ne connaît point. darwin dali wrote:how much is Gas going in the US atm? im paying $1.30 but expected to rise to $1.50 for the easter weekendbud wrote:It's not right to compare straight like that. There are differences in the purchasing power of the currencies and the US dollar still has proportionally more purchasing power than most other currencies, i.e., you get a lot for your money here in the US (just look at the gas prices compared to Europe or Australia!). So, the 'value' of 30k net when living costs are factored in, may well be higher or the same as your example teacher's in Australia.darwin dali wrote:[ net pay after taxes is more like 30-35k and that's $$ not pounds, so it's worth sh!t these days.That is pretty poo, The USD and AUD are about 1-1 these days so I cant imagine teachers here getting that, some friends who are teachers i think get around 47k after tax.
bud wrote:how much is Gas going in the US atm? im paying $1.30 but expected to rise to $1.50 for the easter weekendIs that per litre or gallon? at my local gas station, it currently costs US$3.35 per gallon!
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