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> his control of the universe continues to expand presumably because he's disproportionately funding "the universe"? All that money on failing start-ups probab
by Chris2048 5y ago
> his control of the universe continues to expand
presumably because he's disproportionately funding "the universe"? All that money on failing start-ups probably lose him more than whatever the stock-disposal tax rate is. What isn't going to the government is directly seeding the economy.
The 10x payoff is taxed. You seem to assume that would still have happened anyway - who would have funded it? Bezos investing in a portfolio created that wealth.
Assume he breaks even: He had to burn through 10$X in order to have $X shares in that 10x company. The tax he would* have paid if not offset against losses, is the same he pays on the unicorn. i.e He gets credited tax on the 10$X, but pays tax on $(10X).