See paragraph thirteen "the difference between the strike price (what the employee pays)and the market price (which is almost always higher) becomes taxable income
for the employee." So someone paid the tax.
In fact, "someone" always pays. When taxes are raised on corporations, the tax is ultimately passed on to the consumer via higher prices.
What is "scary" is that so many people do not understand this simple fact.
Slashdot Mirror
See paragraph thirteen "the difference between the strike price (what the employee pays)and the market price (which is almost always higher) becomes taxable income for the employee." So someone paid the tax. In fact, "someone" always pays. When taxes are raised on corporations, the tax is ultimately passed on to the consumer via higher prices. What is "scary" is that so many people do not understand this simple fact.