House Passes Employee Stock Options Bill Aimed at Startups
> Only startups offering stock options to at least 80 percent of their workforce would be eligible for tax deferrals, and a company’s highest-paid executives would not be able to defer taxes on their stock under the legislation.<p>I understand the desire to avoid a regressive taxation system, but why is it that every tax rule we create comes with 2x the amount of caveats and rules? Our tax system is becoming a mess.<p>At this rate soon <i>nobody</i> will be able to file their own taxes without an accountant to sort through the muck. And complicated to systems tend to benefit the wealthy.