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? Note: Comments are moderated by the editor and are subject to editing. Submit a comment on this article Other reader comments on this item
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