If only the IRS felt the same way. Any income should be treated the same when it is realized as currency, none of this bogus taxation on unrealized gains when y

If only the IRS felt the same way. Any income should be treated the same when it is realized as currency, none of this bogus taxation on unrealized gains when your equity doesn't have liquidity. That way we could exercise our options as they vest, instead of holding out until an event to get some liquidity. It keeps people trapped.