3 ms·
It's easy to dream up scenarios that prove your point. How about this one: Company has a bad year. Dividends are cut to zero. Founder reduces salary to bare mi
by imgabe 6y ago
It's easy to dream up scenarios that prove your point. How about this one:
Company has a bad year. Dividends are cut to zero. Founder reduces salary to bare minimum required for her expenses. On paper, she still has $50 million net worth of illiquid non-public stock. Government demands $200,000 wealth tax. How does that play out?