Re:Stripe Faces $3.5B Tax Bill as Employees' Shares Expire
by notyourwork on Wednesday March 08, 2023 @11:55PM
(#35078437)
Crazy isn't an explanation.
[ Parent
| on HN ]
Re:Stripe Faces $3.5B Tax Bill as Employees' Shares Expire
by mschuster91 on Thursday March 09, 2023 @05:44AM
(#35080018)
The problem is that "unicorns" in general or companies exploding in market cap are a relatively recent (i.e. dotcom era and afterwards) phenomenon, and the rules of the finance world didn't keep up with developments. At the same time, it affects only relatively few people, so the political incentive for fixing the situation in an increasingly grid-locked Congress is not very high.