Message from @River
Discord ID: 682268520104591360
Lol, taxes.
Lol wages.
No you have to pay taxes on the value of the stocks when you get them
I lose like 1/3 my stocks to withholding
They get sold immediately and given to the government
You pay tax on dilution?
Weird
Wait till something replaces these systems.
What then?
There’s two kinds of stocks companies give. Stock options where employee can buy it cheap and stock grant where the company just pays you free stocks
Oh okay
I'm thinking of the latter
If your company literally gives you stocks that’s income you need to pay taxes in
This makes more sense now
It goes right on your w-2
What’s dilution
If they give you more stock, the rest of your equity goes down in value
Same market cap but more shares
For a small company yeah maybe
If it’s publicly traded the shares you get are a drop in the bucket
Cute
So even though in the aggregate you have more wealth on paper you just made a loss on every share
I mean that’s not true if your company’s stock price is going up
Except the marginal ones
Well yeah
Very cute
<:uwu:639943333807915008>
It’s a gamble. If you work for a big company your stocks have guaranteed value. But if you work for a startup your “worthless” stocks might be worth millions if the company goes public with IPO
Some companies stock goes up so much a ton of their employees get so rich they quit
Curse of success
Yea it used to be solely a start up thing because they have no money
Now the bluechips do it because of the reworked tax laws post 2008
That's a big reason why Amazon has had rebates as of late
Vests expiring
Interesting didn’t hear about that
Honor explain shaolin
It's about peace from within.


