• 8 Posts
  • 148 Comments
Joined 3 years ago
cake
Cake day: July 11th, 2023

help-circle






  • But then you’re paying full income tax on that 10% which drops it some pretty decent amount. If you can afford to hold on to the purchased shares until you get preferential tax treatment then you’d pay long term capital gains on them and that’s much less than regular income tax rates. On top of that, you’ve got the movement of the underlying stock during the year that’ll be taxed at cap gains rates rather than income. If you think the stock is going to trend down, maybe time to find a new job.