Who Really Pays Taxes? Message Board

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Non-Tech : Who Really Pays Taxes?

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To: PMS Witch who wrote (271)	8/15/2000 4:39:32 PM
From: Lizzie Tudor	Read Replies (6) of 666

Oh yeah, I'm sure that is the rationale. But taking a real world example, you work at yahoo for 80K/year and have 2000 stock options at 10$. Somebody else works at some other company for the same salary and buys yahoo stock - where it promptly goes to 200$. So you are looking at about 400K taxed as income for one guy and taxed as a lt capital gain for the other person. The yahoo worker is creating all the wealth, why reward the armchair quarterback? Not only that, but to exclude the "investor" from paying fica while the yahoo worker has to pay (because capital gains are exempt) ... wow talk about unfairly biased

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