Working for someone, even at a FAANG, inherently also has risks. You don’t know the manager, the org, the team, etc when you first join. You have some ideas abo

Working for someone, even at a FAANG, inherently also has risks. You don’t know the manager, the org, the team, etc when you first join. You have some ideas about the culture perhaps, but we take risks in our careers all the time. The argument that one is riskier than the other and therefore entitled to lower tax rates doesn’t make sense to me. Sure, investing in an asset might be riskier if you’re randomly throwing darts, but I thought these folks were all about personal responsibility. To be clear, I work at a FAANG. My total comp was is near half a million, a significant chunk of which is equity. The only risk I take is not cashing out immediately and waiting a year for the long term capital gains tax. I don’t necessarily provide more output or value than someone like a teacher. The equity I sold this year was in the hundreds of thousands and I paid less taxes on it than what most teachers probably pay. It doesn’t make any sense, and this system in my opinion isn’t sustainable. The inequality is going to lead to conflict.