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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Don Lloyd who wrote (68038)9/22/1999 1:16:00 PM
From: benwood  Read Replies (2) | Respond to of 132070
 
Don, I'll happily trade my senior engineer salary and 36-7% marginal rate for the megabucks at 50%!

BTW, do exercised stock options get taxed at 28% flat rate or lower if held long term? Without SS taxes, too, I presume. Obviously I've never had any options or I would know this. Well, I have had the option of finding a job with options, I suppose...

If options are at the capital gains rate, then it's likely that a highly compensated CEO would be paying a lower effective marginal rate than me for his overall compensation package increases than I pay when I get my 2% raise.