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Most net worths over $2 mil are created by growth in share value, not by income/salary.
by evandijk70 11mo ago
Most net worths over $2 mil are created by growth in share value, not by income/salary.
- blitzar 11mo agoIf you dont have any disposible income then you wont have any investments to grow in value.
- vorpalhex 11mo agoMost income for high earning tech workers is in stocks and share value.
- blitzar 11mo agoWe can tax stock grants at 100%
- sam_lowry_ 11mo agoYou can also tax stocks yearly at a fixed rate, e.g. 2%.
- blitzar 11mo agoYou can also tax stocks yearly at a fixed rate, e.g. 100%.
- sam_lowry_ 11mo agoNope, 2% because they grow by 6% on average for the last 30 years.
- _DeadFred_ 11mo agoIf that value is recognized in a beneficial way (such as unlocking loans against it or using it as collateral at a specific recognized amount of value) it should be taxed at the point of value recognition for the amount of benefit recognized.