Another loophole to close.

Reader comment on: Kristof, Taxes and Billionaires

Submitted by Lyle (United States), Jul 7, 2011 14:17

Currently if you have company stock in a 401k you pay capital gains rates if you take the stock out directly on the difference between the cost and the current value. (I don't know but suspect it also applies to company deferred income plans as well, a great tax dodge for executives, the companys let the execs keep their money with the company and pay very good returns on the money). Clearly all financial types say holding stock in your company in a 401k is wrong so why reward it?

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Title By Date
Carried interest issues [319 words]G. ThompsonJul 8, 2011 14:10
Poor logic [152 words]JohnJul 7, 2011 22:48
Easy logic
[w/response] [87 words]		AndyJul 7, 2011 14:44
⇒ Another loophole to close. [90 words]LyleJul 7, 2011 14:17
absurd [202 words]TeoJul 7, 2011 13:34
incentives [73 words]Jonathan NJul 7, 2011 12:01

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Mark my comment as a response to Another loophole to close. by Lyle

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