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Who lost a 100 million euro bet and still kept his job? TNT
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<blockquote data-quote="Catatonic" data-source="post: 1088795" data-attributes="member: 7966"><p>Obviously you don't know much about stock options.</p><p>The base price of the stock awarded is taxed as normal income.</p><p>The difference in the base price and award/sell price is taxed as capital gains.</p><p></p><p>If you are getting taxed at a 20-28% rate, you need to get someone else to do your taxes.</p><p>The highest Federal tax rate I ever paid was 17% when my wife and I were working and I had a good year trading stocks without holding them for 1 year (taxed as normal income).</p><p>Last year my effective tax rate was less than 12%.</p></blockquote><p></p>
[QUOTE="Catatonic, post: 1088795, member: 7966"] Obviously you don't know much about stock options. The base price of the stock awarded is taxed as normal income. The difference in the base price and award/sell price is taxed as capital gains. If you are getting taxed at a 20-28% rate, you need to get someone else to do your taxes. The highest Federal tax rate I ever paid was 17% when my wife and I were working and I had a good year trading stocks without holding them for 1 year (taxed as normal income). Last year my effective tax rate was less than 12%. [/QUOTE]
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Who lost a 100 million euro bet and still kept his job? TNT
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