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by tptacek 2980 days ago
Nitpick: that salary is also subject to taxes.
1 comments

as is the vested equity. not to mention the cost of exercising the shares
Right, he started by pointing out the tax haircut of equity. But he moved the goalposts when he compared the nominal dollar cost of foregone salary to the after-tax value of the options.

It's a nitpick. The underlying point stands.