Quote:
Originally Posted by firstdown
His article never mentioned CEO's and paying them self a $1 and where is that now coming from because last time it was they are paid too much. The article pointed to hedge fund mgrs. who use a loopole (spelling?) to get around paying taxes as ordinary income. Why not just close the loopole to stop that and leave the capital gains tax alone. That way both sides get what they want.
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He doesn't mention it but people are playing games like that. Typically CEOs pay themselves a decent salary but they turn around and get good chunk of pay via
incentive based stock options to pay less effective tax rate. Fortunately these cheats are impeded by
AMT.