SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Who Really Pays Taxes?
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Lizzie Tudor who wrote (273)8/16/2000 2:36:58 AM
From: Mama Bear  Read Replies (1) of 666
 
"But taking a real world example, you work at yahoo for 80K/year and have 2000 stock options at 10$. Somebody else works at some other company for the same salary and buys yahoo stock - where it promptly goes to 200$."

For one thing the 'armchair quarterback' risked 20k, the Yahoo! was granted the options. If they expire worthless, he still has his 80k. Another is that Yahoo! wouldn't have gone to 200 without all the 'armchair quarterbacks'. Also, didn't the Yahoo! had the option of exercising the options when the stock was at 10 and keeping the stock? Then he'd get lt capital gains treatment as well.

Of course the best thing would be to get rid of the personal income tax and all it's convoluted mechanisms. There are other legitimate ways to generate the revenue necessary to run the limited gov't that we need.

Regards,

Barb
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News