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52-80

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Everything posted by 52-80

  1. theres a valid criticism about large unrealized equity gains. however, people are confusing/conflating having equity with being awarded equity, as if stock compensation allows perpetual tax avoidance as a loophole to massive wealth. the advantage of this over cash comp is only tax deferral, for a few years at most - stocks vest and options expire. these awards do get taxed in due time and at fair values. put another way, if these guys were paid the equivalent annual comp in cash, and immediately purchased stock with that cash, both their wealth and the irs receipts would largely end up at the same place. their wealth came from the growth of their companies, not from taxation.
  2. ⚙️+🪙=💰looks like a legit equation
  3. taxation on income works on fair market value of the equity when theyre accessible to the earner. if youre paid “diddly” today, should you be taxed on the basis of $70b that they might be worth 40 years later? if he paid under market price to exercise options, he gets taxed on the difference as ordinary income. if he sells the share later with price appreciation, he gets taxed again on the difference as capital gains. he got paid a $2000m tranche and owes $700m of taxes on it. were you so offended by a statement of fact because you dont understand it? or because you dont like it?
  4. he wasnt paid 75 billion dollars, was he? when even a single dollar worth of shares is actually delivered to him through vesting or exercise, it is taxed. twice probably knows how it works. but you dont.
  5. the donating organization should've piloted giving the coats only to the best looking kids at school first, to destigmatize the garment.
  6. formidable law-firm name.
  7. Larry exercised some $2B worth of stock options this calendar year which means about a $750M of ordinary income tax liability.
  8. playing catchy-knifey with nflx
  9. somebody throw money at this big motherfucker https://247sports.com/Player/Andrew-Sprague-46128247/
  10. btw, does Michigan need a defense passing game coordinator? no reason for asking. just curious.
  11. sherrone got his dick wet and mark sanchez got stabbed in the chest. sherrone definitely won this one.
  12. im calling it right now: arch wont play more than another 2 years in college.
  13. i need to be reminded that internet goes up
  14. neat graph from BBC that illustrates how much of F1 is truly a constructors battle than a driver battl that said, the scale of the graph kinda exaggerates the point by compressing the teammate differences
  15. how about these though
  16. that kid's name? Albert Einstein.
  17. pulling up to the house like
  18. i wanna see what $24M worth of poon looks like
  19. Kinda obsessed with the idea of wallpapers and now thinking about wallpapering the house - or at the very least my home office. Am i venturing into a chore im going to regret? this strong blue or this delft blue’ish motif
  20. watchlist: MO - tobacco RBC/JPM - bank CSX - freight CAG - food CNP, SO, DUKB - utilities all old world shit but thats because i already own high-multiple techy stuff. already have a bunch of these and theyve been great for me.
  21. what do you think the medical school application essays for aspiring proctologists are like? ”my dear grandparents and i were very close. when i was a young child, they became terminally ill from having lodged large foreign objects up their rectums. it then became my mission in life to restore people’s anal health and function, and save lives like theirs”
  22. its a life choice
  23. Im setting this as my ring tone and also blasting the loop on a loudspeaker at the workplace 8453B3B7-9C6E-4F5A-B23F-6D6777366874.mp4
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