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Don't blame the companies, blame the government that writes the tax laws. There shouldn't be any taxes due until the shares are sold, and a profit is realized,
by rhapsodic 11y ago
Don't blame the companies, blame the government that writes the tax laws. There shouldn't be any taxes due until the shares are sold, and a profit is realized, like a normal everyday stock trade.
- samstave 11y agoI didn't blame anyone. I stated my perception of the issue which informs my opinion... And I'll always be open to the fact I am wrong/naive - but it'd take a lot to convince me I am wrong on this issue after being fucked over by many Silicon Valley companies based on this...
- leroy_masochist 11y ago> Don't blame the companies, blame the government that writes the tax laws. True, but also blame companies when they fail to educate their employees about the mechanics of their equity grant -- or even worse, when they obfuscate in response to direct questions on that subject.