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evandijk70
229 days ago
Most net worths over $2 mil are created by growth in share value, not by income/salary.
3 comments
_DeadFred_
228 days ago
If that value is recognized in a beneficial way (such as unlocking loans against it or using it as collateral at a specific recognized amount of value) it should be taxed at the point of value recognition for the amount of benefit recognized.
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vorpalhex
228 days ago
Most income for high earning tech workers is in stocks and share value.
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blitzar
228 days ago
We can tax stock grants at 100%
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sam_lowry_
228 days ago
You can also tax stocks yearly at a fixed rate, e.g. 2%.
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blitzar
228 days ago
You can also tax stocks yearly at a fixed rate, e.g. 100%.
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sam_lowry_
228 days ago
Nope, 2% because they grow by 6% on average for the last 30 years.
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blitzar
229 days ago
If you dont have any disposible income then you wont have any investments to grow in value.
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