Democratic Primaries

mr_lebowski

(33,643 posts)

2. You should consider that this is not the same thing as getting a check for $200K

Tue Apr 16, 2019, 01:21 AM

Apr 2019

"upon her departure in 2011, received a total package of $200,000, consisting of one year's severance pay, along with certain retirement and bonus payments".

One year of severance pay does not have to be 1 year of salary at the same rate you were being paid before.

These things can negotiated, esp. in light of the schools financial troubles.

We also don't know how much of the balance was deferred, maybe she agreed to $40K payout in cash and $160K in retirement benefits?

And maybe that was spread across two calendar years of monthly payments (2011 and 2012) ...

Frankly there's lots of legit reasons why there's no $200K to be found on any tax returns based on these Wiki numbers.

If I were to vote in a presidential
primary today, I would vote for: Joe Biden

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Where did Jane Sanders report her $200K in severance pay in 2011? Could someone who knows [View all] pnwmom Apr 2019 OP

Right wing talking point. nt hay rick Apr 2019 #1

So just because a question is uncomfortable, it has now become a "right wing talking point"? SFnomad Apr 2019 #4

First sentences of the vtdigger article... hay rick Apr 2019 #12

I didn't post that ad or anything Vallee said. The VT Digger is a legit, non-rightwing source. n/t pnwmom Apr 2019 #13

Would you look at that melman Apr 2019 #14

But that's not the article itself, is it? Hortensis Apr 2019 #15

"his own behavior has revealed he's the wrong stuff for any position of power in a democracy" -AMEN... NurseJackie Apr 2019 #26

That's hardly the definition of a "right wing talking point" SFnomad Apr 2019 #18

So only right-wingers care about candidates' taxes? That's news to me. nt pnwmom Apr 2019 #6

You should consider that this is not the same thing as getting a check for $200K mr_lebowski Apr 2019 #2

Thank you. I knew someone would know more about this than I do. pnwmom Apr 2019 #3

That would NORMALLY be how it works for an average person, but it doesn't have to always be :) mr_lebowski Apr 2019 #8

You answered my question well -- could there be a legit reason. Thank you! n/t pnwmom Apr 2019 #9

It was paid out for two years Hassin Bin Sober Apr 2019 #5

Thank you for this. Could you add the link please? n/t pnwmom Apr 2019 #7

Which is logical, it's often to both parties advantage to spread large payments out ... mr_lebowski Apr 2019 #10

What does this have to do with why it's not on their tax return? R B Garr Apr 2019 #20

It's in the top income line (7) wages, salaries and tips. Hassin Bin Sober Apr 2019 #25

That looks about $100,000 short, at least. R B Garr Apr 2019 #27

Their Line 7 W2 income with her working in 2009, 2010 and 2011 is between 282 - 295k Hassin Bin Sober Apr 2019 #31

Are there W2's to view?? You said in another post that they R B Garr Apr 2019 #33

Lol. Severance pay isn't a Golden Parachute. Hassin Bin Sober Apr 2019 #34

LOL, they all call golden parachutes severance pay. R B Garr Apr 2019 #35

In the 'gas guy' article it says 'sabbatical' floppyboo Apr 2019 #38

Jane called it that. nt R B Garr Apr 2019 #40

I'm an accountant this would normally be on a W2 ALBliberal Apr 2019 #11

You're correct, severance pay (sabbatical pay?) is considered normal income and should be reported.. George II Apr 2019 #16

Interesting! why wasn't this reported. R B Garr Apr 2019 #21

As I've pointed out, many (if not all) of these tax returns are incomplete.... George II Apr 2019 #22

Thanks for the research into this. Basically, these aren't really his taxes. R B Garr Apr 2019 #24

That's why he too so long Docreed2003 Apr 2019 #32

case closed! You guys are so funny. Who needs cable! floppyboo Apr 2019 #39

Jane Sanders isn't running DeeDeeNY Apr 2019 #17

But she will be vetted. Demsrule86 Apr 2019 #19

I think the tax returns are not authentic nt BlueFlorida Apr 2019 #23

Any Sign Of Old Town Media? Me. Apr 2019 #28

I was wondering the same thing! R B Garr Apr 2019 #29

.. Me. Apr 2019 #30

That could have been paid out as structured payments. MineralMan Apr 2019 #36

Fair question that should be examined. Aaron Pereira Apr 2019 #37