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by georgeecollins
1205 days ago
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A tax deferred is a tax avoided. I can take any financial gain and turn it into a "paper profit". So those have to be taxed. PS: I feel for these employees. My question is: Did they have the same access to the secondary market as the founder? |
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if you did, you would not have access to make use of those "paper profits" for consumption - it would remain an investment. This makes taxing it egregious imho.