Bernie Sanders Aims New Tax Hike at Executive Retirement Plans
1–10 of 34 posts
Re: Bernie Sanders Aims New Tax Hike at Executive Retirement Plans
#2Looks like this would tax options at vest rather than exercise, essentially ending employee equity comp in startups.
Interesting how he wants the workers to own the means of production but also is trying his damndest to disincentivize it.
Re: Bernie Sanders Aims New Tax Hike at Executive Retirement Plans
#3Is there any indication this would apply to all ISO/NSOs? Can't read the WSJ article (no subscription), but articles referencing it seem to be saying that it's targeted at highly-paid executives. Obviously this would be disastrous if it applied to all stock options. Just trying to get the facts straight before getting too riled up.
Re: Bernie Sanders Aims New Tax Hike at Executive Retirement Plans
#4Is there any indication this would apply to all ISO/NSOs? Can't read the WSJ article (no subscription), but articles referencing it seem to be saying that it's targeted at highly-paid executives. Obviously this would be disastrous if it applied to all stock options. Just trying to get the facts straight before getting too riled up.
as a middle class tech worker i like bernie but he's going to fuck us over the most.
Re: Bernie Sanders Aims New Tax Hike at Executive Retirement Plans
#5Is there any indication this would apply to all ISO/NSOs? Can't read the WSJ article (no subscription), but articles referencing it seem to be saying that it's targeted at highly-paid executives. Obviously this would be disastrous if it applied to all stock options. Just trying to get the facts straight before getting too riled up.
as a middle class tech worker i like bernie but he's going to fuck us over the most.
As a middle class tech worker I don't see how.
Re: Bernie Sanders Aims New Tax Hike at Executive Retirement Plans
#6Is there any indication this would apply to all ISO/NSOs? Can't read the WSJ article (no subscription), but articles referencing it seem to be saying that it's targeted at highly-paid executives. Obviously this would be disastrous if it applied to all stock options. Just trying to get the facts straight before getting too riled up.
as a middle class tech worker i like bernie but he's going to fuck us over the most.
Maybe depends to which middle class you're comparing yourself to, the Bay Area, or the rest of the US.
Re: Bernie Sanders Aims New Tax Hike at Executive Retirement Plans
#7Is there any indication this would apply to all ISO/NSOs? Can't read the WSJ article (no subscription), but articles referencing it seem to be saying that it's targeted at highly-paid executives. Obviously this would be disastrous if it applied to all stock options. Just trying to get the facts straight before getting too riled up.
as a middle class tech worker i like bernie but he's going to fuck us over the most.
How many major pieces of legislation does a president get through? One or two seems like the median these days. I doubt this is in his top 20 bills.
Re: Bernie Sanders Aims New Tax Hike at Executive Retirement Plans
#8I'm pretty privileged and more than happy to pay a reasonable tax on my fortune if people richer than me who can afford to assemble legal tax shelters can be wrangled in to pay their share too. Also, tax churches.
If we could incentivize startup structures that are less focused on pump and dump #growthhax and more on creation of organizations that produce value for the communities they are in and the people who trade their lives and labor for a crumbling fig leaf of security and happiness. That shit would be hot.
VC money is crack money. The squandered wealth propped up by rich opportunists on the backs of creative efforts of hard working people hedged so said rich people can fail upwards while worker lives are ruined for a taste of a Zuckerberg dream is gross. Without dinging the frequent big winners in this space via taxes there isn't really a mechanism to encourage self regulation.
Re: Bernie Sanders Aims New Tax Hike at Executive Retirement Plans
#9What's fascinating about Bernie's campaign is the almost identical stance he has with the Bolsheviks, that Google defines [1] as "...Russian Social Democratic Party".
So Bernie's P.R. consultants did the brilliant job of retaining most of the Bolshevik diktat, and switching "Social Democratic" to "Democratic Socialist", in an apparent attempt at sanitizing brand socialism.
Re: Bernie Sanders Aims New Tax Hike at Executive Retirement Plans
#10Looks like this would tax options at vest rather than exercise, essentially ending employee equity comp in startups. Interesting how he wants the workers to own the means of production but also is trying his damndest to disincentivize it.
As they say, the road to Hell is paved with good intentions.
That’s always been my impression of socialism and communism: unchecked good intentions justifying repeatedly failed and destructive policies.
I think that’s why they also hate Amazon — at some level, they know that hundreds of millions of people voluntarily use Amazon products, while the only way they can get people to adopt their radical ideas is through coercion and force.