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A comment on Stripe Faces $3.5B Tax Bill as Employees' Shares Expire. Parent comment

Re:Stripe Faces $3.5B Tax Bill as Employees' Shares Expire by kelnos on Wednesday March 08, 2023 @10:39PM (#35078069)
So what? $1M in stock doesn't pay the rent. They'd still get taxed when they sell the shares.
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Re:Stripe Faces $3.5B Tax Bill as Employees' Shares Expire by ctchocula on Thursday March 09, 2023 @03:00AM (#35079197)
Per Buy, Borrow, Die, they could take a margin loan using that $1M and use borrowed money (say $100K) to pay the rent. With enough accumulated shares, they wouldn't need to sell the shares in their lifetime. After they've passed away, they would pay off the loan and the stock gets a free step up to the appreciated cost basis.
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Re:Stripe Faces $3.5B Tax Bill as Employees' Shares Expire by konfusinomicon on Thursday March 09, 2023 @08:02AM (#35080764)
that's assuming the stock is actually transferable though. that day could never come
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Re:Stripe Faces $3.5B Tax Bill as Employees' Shares Expire by KptMarchewa on Thursday March 09, 2023 @11:04AM (#35082710)
How would you pay off the loan without selling at least the interest?
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