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You were getting downvoted but you're right and I was wrong so I upvoted you. I was thinking a large portion of his compensation would have been in options, but
by hn_throwaway_99 2y ago
You were getting downvoted but you're right and I was wrong so I upvoted you. I was thinking a large portion of his compensation would have been in options, but it looks like they're all some form of stock units.
Over time, though, the lions share of Sundar's increase in wealth will come from appreciation of his stock, which will be in the form of capital gains. "Average" people don't have this luxury because they simply need to spend much more of their money to live, and thus most of their income (or increase in wealth) comes from a job.
FWIW I think a much fairer system would be to tax capital gains at income tax rates, but index the basis to inflation.