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> primarily in business ownership Businesses which employ people and pay a whole host of taxes every year... > or equity which is only taxed on gains when it'
by xienze 7y ago
> primarily in business ownership
Businesses which employ people and pay a whole host of taxes every year...
> or equity which is only taxed on gains when it's sold.
How would it be fair to tax someone on an asset that only has a theoretical value, which isn’t realized until it’s actually sold?
- SkyBelow 7y agoFor the latter, the option would be to allow the person to sell at that amount. Thus if the government over estimated the worth you are capable of selling. This works far better with large businesses than homes due to the impact of emotional value.
- pseudalopex 7y agoRSUs and options are already taxed.