No. of Recommendations: 6
Sweet! So I have to sell even MORE shares to pay my "Fair share". Love it. Actually...how about no?
But that's what anyone else would have to do. If I earn $80K working for my law firm, I don't get to invest it and get $80K worth of shares. I have to pay taxes on what I earned, which means I get to buy fewer shares.
That's the rub. I've not "earned" anything...until I turn it into cash.
Why? Of course you've earned something. You now have $80K more worth of assets than you did before. Whether you sell it or not, you've still had $80K worth of earnings on your investments. You would never act as though you hadn't had any investment earnings - you would never sell (or barter or trade) those shares for zero value.
