• QuadratureSurfer@lemmy.world
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      11 months ago

      The lack of people understanding this is what leads to poorly written laws.

      They think that all we need is an income tax to tax the rich more.

      So when laws are passed saying that they’ll tax anyone making more than $1mil, people don’t realize that it doesn’t really do a whole lot.

      • sadreality@kbin.social
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        11 months ago

        Stock grants are taxed tho

        I am sure they are cheating somewhere but in don’t think they can cheat income tax on a stock grant