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Re:Valve "played capitalism so well they broke it" and now S... by kirth_gersen on Monday November 02, 2026 @04:45PM (#50344274)
I wish more companies would choose to do this honestly.
Re:Valve "played capitalism so well they broke it" and now S... by preisschild on Monday November 02, 2026 @05:06PM (#50344564)
And also hope that laws wont kill such companies

https://www.palladiummag.com/2026/09/22/wealth-taxes-could-k...

Re:Valve "played capitalism so well they broke it" and now S... by gen220 on Monday November 02, 2026 @05:30PM (#50344918)
I mean, is it not possible to sell a small % of your shares to cover the tax?

Moreover, you could create a multi-tier share structure where controlling ownership belongs to the founder whereas financial interest in the business belongs to the holders of other equity flavors, which is fairly common (e.g. Meta, Snap are structured this way).

Then the founder can [choose to] sell those cash-flow-stocks while holding on to the ownership stock.

It's utterly hyperbolic to suggest that a wealth tax would kill privately-controlled corporations.

Re:Valve "played capitalism so well they broke it" and now S... by adventured on Monday November 02, 2026 @06:41PM (#50345826)
It can be a nightmare to sell a chunk of your business to outside investors. Not the selling part per se, the operating after consequences. Imagine having private equity in your house, causing chaos, trying to get people tossed out.

You might be better off taking out a loan against the value of the business to pay the tax, if it's a one-time tax. The problem is when they come for the second wealth tax, and then the bi-annual wealth tax, and then the annual wealth tax. There is no likely scenario where it's a one-time tax.

Re:Valve "played capitalism so well they broke it" and now S... by nextaccountic on Monday November 02, 2026 @10:30PM (#50347702)
It's also a nightmare to be homeless, yet they still pay their share of taxes
Re:Valve "played capitalism so well they broke it" and now S... by navane on Tuesday November 03, 2026 @04:58AM (#50350036)
they can pay cash
Re:Valve "played capitalism so well they broke it" and now S... by SugarReflex on Monday November 02, 2026 @05:04PM (#50344526)
Why was this downvoted?