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Offline flowers

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« on: July 26, 2013, 12:58:30 PM »


Offline DCPatriot

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« Reply #1 on: July 26, 2013, 01:04:04 PM »
What a country!   :beer:
"It aint what you don't know that kills you.  It's what you know that aint so!" ...Theodore Sturgeon

"Journalism is about covering the news.  With a pillow.  Until it stops moving."    - Iowahawk

Online Oceander

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« Reply #2 on: July 29, 2013, 07:41:44 PM »
http://www.bloomberg.com/news/2013-07-25/zuckerberg-s-wealth-soars-3-8-billion-as-facebook-surges.html


 :th_10444:

I wonder how much income tax he will have to pay on that? 

 :th_10444:

None until and unless he sells (or otherwise disposes of) the shares in a taxable transaction, and doesn't have any offsetting capital losses.

Online truth_seeker

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« Reply #3 on: July 29, 2013, 07:49:16 PM »
None until and unless he sells (or otherwise disposes of) the shares in a taxable transaction, and doesn't have any offsetting capital losses.
He could borrow against the stock and pay no tax, I think.
"God must love the common man, he made so many of them.�  Abe Lincoln

Online Oceander

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« Reply #4 on: July 31, 2013, 02:24:37 PM »
He could borrow against the stock and pay no tax, I think.

He could; 'course, borrowing against the value of the stock isn't a taxable sale or other disposition, so it still falls within my "until and unless" scenario.


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