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Posted On: 11/13/2017 2:53:41 PM
Post# of 22463
New tax plan...tax restricted shares upon vesting...
"Tax Cut" ? Unless you're a 1%er, don't you believe it for a minute ! This new scheme [rip-off] would tax investors upon acquisition of restricted shares, as opposed to when they actually make (or lose) some money & cash-out. This measure would have also tuned the tables on Steve when he succeeded in fighting-off the IRS in that landmark courtcase a few years back. I know this is a sideline topic, but I know many of you folks have restricted shares & might find this important: https://techcrunch.com/2017/11/13/tax-on-vesting/
This "Tax Plan" is no more than a turd dressed-up as a cupcake & no matter how this is spun....
THIS SUCKS !
"Tax Cut" ? Unless you're a 1%er, don't you believe it for a minute ! This new scheme [rip-off] would tax investors upon acquisition of restricted shares, as opposed to when they actually make (or lose) some money & cash-out. This measure would have also tuned the tables on Steve when he succeeded in fighting-off the IRS in that landmark courtcase a few years back. I know this is a sideline topic, but I know many of you folks have restricted shares & might find this important: https://techcrunch.com/2017/11/13/tax-on-vesting/
This "Tax Plan" is no more than a turd dressed-up as a cupcake & no matter how this is spun....
THIS SUCKS !
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