3 ms·
Is all of that $750k wages? If some of it is assets (stock), I firmly believe that should be taxed differently than earned cash wages.
by alberth 2y ago
Is all of that $750k wages?
If some of it is assets (stock), I firmly believe that should be taxed differently than earned cash wages.
- hungie 2y agoIt's a mix. I sell my stock immediately and rebalance it to other things.
- stouset 2y agoIt should be taxed differently, but the core problem is that the ultra-wealthy never realize gains. They borrow against the value and then their inheritors pay off those debts with the assets which have now had a reset tax basis. The sanest solution is to simply preserve cost bases for inherited assets.