Perhaps the BEST B1G Forum anywhere, here at College Football Fan Site, CFB51!!!

Go ahead and put a call into the CEO's of Google, Facebook, Apple, Microsoft, Twitter, etc.

Let them know you mean it.

Their compensation is pretty much 100% tied to stock these days- and for most part are only paying capital gains rates- which is a much lower % than normal tax rates would be in their bracket.

Whole system is F*%$$D. You have people working their asses off at some shitty middle management job making $120,000k a year paying 30-35%+ in taxes while you might have an exec at that same company being compensated in millions of dollars worth of stock options on top of getting all kinds of perks like taking the company jet on vacations and having the company pay for his vacations and all kinds of shit and then paying 15-20% in tax on sale of their stock (capital gains) and then they have the best tax attorneys in the world to use every trick under the sun to bring that % down even further.

Funny little way they find to just rig system more and more.

I get stock options.  They are treated as earned income.

A Big Tax Deal is "carried interest", which does not apply to normal executive compensation.

you aren't getting the same stock options those top level guys are getting.....and well those ones- they aren't taxed as income- if they hold them that is. Most sell a little- hold a lot.

The effective tax rate for the nation as a whole is aprox 13%

the top 20% of compensated tax payers have an effective tax rate of aprox 23%

The top 40% of compensated taxpayers pay over 96% of this nations tax liability

One issue is with earned versus unearned income.  Let's say I have $100 million.  I can invest that in municipal bonds and get 1-2% interest tax free on that.  If I live on a million a year, I never touch principal (inflation  would) and pay no income taxes.  Or if I own a company and don't sell it, I pay no income tax because I have no income.  If I see part of it, having held it a year, I pay capital gains taxes on the unearned income.  I don't pay FICA on any of it.

how did you get the $100 million

California is dying. Between 2008-2019 alone, 18,000 businesses have left California to relocate in other states. HP announced in December that they were moving their headquarters from California and relocating to Houston, TX and Oracle also announced in December they were doing the same and moving to Ausitn, TX.

Elon Musk already moved to Austin, TX and plans on relocating Tesla's headquarters there.



https://www.youtube.com/watch?v=Ez90rXhMWjE

It has just been exacerbated and made worse by things like the citizens united ruling.

The Citizens United ruling was a nothingburger. 

SpeechNow.org v FEC is the droid you're looking for. 

I'd probably head to Sardinia.