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Message: <blockquote data-quote="Allen" data-source="post: 421803" data-attributes="member: 389"><p>I am as a golden rule as well, but when someone like Elon Musk gets $56 billion in Tesla shares instead of a salary, that kind of grinds my gears.  Unless I am mistaken, he doesn't owe anything on that compensation since it comes as a stock.  Instead, if he holds it for a year he can then dump it and pay long-term capital gains rates.  </p><p></p><p>Someone please correct me if I am wrong on this!</p><p></p><p></p><p></p><p>If, however, you and I (or anyone for that matter) goes out and invests their already taxed money in a stock, I am fine with the system as is where you don't have to pay taxes on the capital gains until it gets cashed out.  It seems unnecessarily complicated to expect people to pay taxes on unrealized capital gains.</p></blockquote><p></p>

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