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How does she live with hardly any cash? Practically speaking, taking 2% of the company stock per year would expose the govt to downswings, and if they own enou
by quantified 2y ago
How does she live with hardly any cash?
Practically speaking, taking 2% of the company stock per year would expose the govt to downswings, and if they own enough of it, potentially get them involved in things like board seats. Public politics and corporate politics probably shouldn't mix. But excise taxes exist for other kinds of assets, and people find the cash for them. Selling stock to someone and forking over the cash from the sale (beware double taxation on the sale) doesn't diminish the overall value of the company, it just spreads ownership around. But it's sort of a weird concept.
- Arnt 2y agoWould you consider 1% interest "hardly any"? 0.1%? I definitely would. 0.05% 500k€ is a lot of money for a family and a year.