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A comment on Tim Sweeney: Tax bill would likely end founder control of independent companies. Parent comment

Re:Tim Sweeney: Tax bill would likely end founder control of... by hedora on Wednesday October 27, 2021 @10:38PM (#29021720)
In the Twitter thread, Sweeney proposes a progressive capital gains tax maxing out at 75%. It would hit him personally, but still allow him to run his company. He’s not complaining about the magnitude of the tax. He’s complaining about the mechanism.
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Re:Tim Sweeney: Tax bill would likely end founder control of... by wolverine876 on Wednesday October 27, 2021 @10:39PM (#29021736)
He's 'proposing' something he knows is politically impossible. I predict he will find a way to run the company and make billions of dollars.
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Re:Tim Sweeney: Tax bill would likely end founder control of... by gok on Wednesday October 27, 2021 @10:52PM (#29021839)
No, it would never hit him in a meaningful way. He has no intention of ever realizing most of his capital gains.
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