08-31-2017 Intellectual Income are Hard Earned Money

08-31-2017 Intellectual Income are Hard Earned Money


Heard Intellectual income cause a lot of confusion about why this much even among government employees.
My response: Nobody doubted that I contributed my knowledge and I deserve some intellectual income for what I have contributed, the confusion is why this much.

That is the reason I am doing my best to explain what I know about how this might be calculated. I have no problem for authorities on this matter to take a look at "why this is my (Min Fang's) share and why this is the number".

I heard some did take a look at this matter and did express "DO not underestimate what intellectual income can contribute to a family's finance."

----August 31st, 2017

Heard this morning's argument on the difference between salary income and percentage based bonus calculation plus base salary income.
My response: It is very common among salesperson to have the base salary plus sales incentive that is calculated by the percentage of sales achieved.

Financial managers incentives are similar to salesperson commission calculation to encourage good investment returns.

I do not know how intellectual contribution earned income divided into salary income category or percentage calculated income category, other than there are two tax rates in U.S tax collecting. Salary category applicable to income tax rate (federal 28%, state 5% etc.), and intellectual Income applicable to federal income tax rate 10% and state income tax rate (5%).

Tons of intellectual contribution earned incomes like Medical Doctors earned or College Professors earned, etc. are salary category incomes.

----August 31st, 2017

**Heard the issue is if the total amount of my intellectual income can be "compromised" among research or pre-market team members, why not everyone else.
My response: My intellectual income total amount is one-person's very cleared number instead of a team's total number is a true statement. 

Like Viagra(blue), my intellectual income is what my contribution has saved for budgeted research spending, total amount is very easy to be identified as my contribution. Research or Pre-market are all teamed up as group contributions to calculate the total amounts of rewards. Pre-Market is the group to responsible for further clinic research and apply for FDA approval.

My other intellectual income situation is patents. My contribution is concept, each research team's effort to materialize it to become a prototype or a model and pre-market team to do some further research, etc.

All my intellectual income has similar situation that total available amount for reward is never enough to correctly reward each member of teams like research or pre-marketing team. I have no problem that my reward was put either with research team or pre-marketing team to improve the total reward size for that team . My reward share is comprised but very limited.

But why everyone else?

----August 31st, 2017