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Some California congresspeople wanted to bail out dot-com speculators during the 2000 crash, at least of their tax oblications: https://www.bizjournals.com/san
by fortran77 4y ago
Some California congresspeople wanted to bail out dot-com speculators during the 2000 crash, at least of their tax oblications:
https://www.bizjournals.com/sanjose/stories/2001/07/30/daily48.html https://www.bizjournals.com/sanjose/stories/2001/07/30/daily...
(I was opposed to this. I purposely didn't exercise stock options that I couldn't or wouldn't sell immediately because I knew about the tax liability. I don't believe the defense that someone who wants to speculate in stock options just didn't know about the taxes. People who wish to speculate with complicated forms of investors should be prepared to take all the risk.)