Re:IRS records reveal how the wealthiest avoid income tax
by teachingassist on Tuesday June 08, 2021 @10:30AM
(#27435668)
> So if I wait to sell shares when it suits me I a some how a monster now ?
Being asked to pay tax on your wealth is not a judgement about your moral character.
We ask people to pay tax to benefit society, not because we hate them.
Given that shares are fungible, you could just give a percentage of your shares to the government as the tax/the government could or should accept this as your tax payment.
> You do realise that many employees on average wages do this.
I'd like to say almost none but I understand the median person the US holds a small amount of wealth. If there was a progressive wealth tax, you could take people with average wealth out of the requirement to pay.
Re:IRS records reveal how the wealthiest avoid income tax
by Mauricebranagh on Wednesday June 09, 2021 @03:54AM
(#27445363)
So I should be forced to sell shares early? I have no problem with paying tax due I am not in US BTW
And some countries think and I agree that people having a stake in your employer and in the economy through share ownership is a good thing.
Even the SWP is cool with employee shares now