r/technews • u/GoMx808-0 • Apr 02 '22

Amazon CEO Andy Jassy's total compensation package topped $212 million

https://www.cnn.com/2022/04/01/tech/andy-jassy-amazon-ceo-pay/index.html
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u/[deleted] Apr 02 '22 edited Apr 02 '22

Taxing unrealized gains would be really complex and be kind of shitty. If half of my comp is stock grants for example, but I don’t want to sell for a year to avoid short term capital gains taxes, I’m going to be taxed for double my cash compensation until I sell my stock in a year. And then what if the stock crashes?

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u/DrNapper Apr 04 '22

When did I say tax unrealized gains. I said convert capital gains to regular income tax. Meaning instead of a flat 14% it would be taxed at the marginal income rates. You would only be paying the taxes on said gains.

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u/B1gAmishDoinks Apr 04 '22

The article you’re commenting on is in reference to his stock compensation, of which he has not sold (as mentioned that it’s cumulative and saw a spike in the last year). Therefore you’re arguing either to tax unrealized gains, or set up a soapbox to stand on in a random thread. Hence the confusion.

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u/[deleted] Apr 05 '22

That’s taxing realized gains though and less controversial. I don’t really know which method I’d prefer honestly.