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A lot, mostly in form of capital gain taxes incurred through stock sales from exercised options. But hey, he technically paid zero taxes on his wage of $1.00.
by egberts1 4y ago
A lot, mostly in form of capital gain taxes incurred through stock sales from exercised options. But hey, he technically paid zero taxes on his wage of $1.00.
- maxwell 4y agoI said income tax.
- salawat 4y agoNot exercised options. Exercised options and resale, likely with a 2 year hold period. Otherwise, you are essentially paying income tax via short-term capital gains.
- nunez 4y ago20% on LTCG above $500,000 is still a hell of a lot cheaper than 39%+ (tiered) on income above $500,000 or whatever.