And that focus on short term
gains often results I Have Two Titles Mom and Mimi And I Rock Them Both Merry Christmas shirt in massive layoffs. Wall St loves layoffs.Sort of agree.
But I would rather see some reasonable amount of income excluded as tax free
and all income/realized gains above that taxed equally regardless of the
source.Like, someone might have a compensation package negotiated as some
number of options per year with a particular strike price. Suppose he had set
it up as a 1 million options a year at a $1 strike price when the stock was $1.
It's effectively zero compensation at the time of negotiation. If the stock
price goes to $300, then it's $299M even though the terms of the contract
didn't change, the value did.Except those layoffs had nothing to do with not
having enough income.
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