The problem with taxing wealth like stocks, so the money comes from somewhere. It would come from stock sales. Which means our 401k pays the tax. They will just issue new stocks on the next compensation package and dilute your shares.
If you say you can’t issue new stocks, they lose investors and stick prices fall, and we can’t realize gains on falling stock prices.
And ultimately, if we do say fuck it and tax it anyways and crash the markets, the cost will be passed down to the consumer as CEO come up with a different compensation package.
But they don’t necessarily have to sell stock. They currently use the stock as collateral for loans that they use to get what they want/need. They can take out a loan against the stock to pay their fair share. They only have to sell some if they can’t raise the capital some other way.
If we don’t want to tax them that way, make loans recieved using non-taxable assets taxable.
If we don’t want to do that, make compensation via stock taxable the same way that compensation via cash is.
I like the last two ideas. Those could work. the first one wouldn’t work at all.
Paying taxes on stocks received is my favorite. That was they pay their fare share at the time, and when they eventually sell it down the road, and still incentives increasing share value.
The problem with taxing wealth like stocks, so the money comes from somewhere. It would come from stock sales. Which means our 401k pays the tax. They will just issue new stocks on the next compensation package and dilute your shares.
If you say you can’t issue new stocks, they lose investors and stick prices fall, and we can’t realize gains on falling stock prices.
And ultimately, if we do say fuck it and tax it anyways and crash the markets, the cost will be passed down to the consumer as CEO come up with a different compensation package.
But they don’t necessarily have to sell stock. They currently use the stock as collateral for loans that they use to get what they want/need. They can take out a loan against the stock to pay their fair share. They only have to sell some if they can’t raise the capital some other way.
If we don’t want to tax them that way, make loans recieved using non-taxable assets taxable.
If we don’t want to do that, make compensation via stock taxable the same way that compensation via cash is.
I like the last two ideas. Those could work. the first one wouldn’t work at all.
Paying taxes on stocks received is my favorite. That was they pay their fare share at the time, and when they eventually sell it down the road, and still incentives increasing share value.
neat. so you’re saying we need to feel it enough to fire up the wood chippers?