Re:Amazon CEO Jeff Bezos sold more than $1B worth of stock t...
by charlesdm on Friday November 03, 2017 @09:29PM
(#15623360)
Who says it's not going into a tax free foundation or some sort of trust? Don't assume he's paying taxes if there is a way to avoid.
[ Parent
| on HN ]
Re:Amazon CEO Jeff Bezos sold more than $1B worth of stock t...
by thinkling on Friday November 03, 2017 @11:37PM
(#15623644)
If you wanted the money to go to your foundation, you would donate the stock to the foundation and sell it there. If you sell it first and then donate the cash, I believe charitable donations are phased out as deductions above a certain income level. (Or maybe the AMT wipes them out?)