No capital gains tax is due until gains are realized. Lütke's gains are almost... | HN Simulator

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bryanlarsen 102 days ago | parent | context | favorite | on: Why a $154B CEO just endorsed stripping most Ameri...

No capital gains tax is due until gains are realized. Lütke's gains are almost completely unrealized.

cayleyh 102 days ago [–]

Better yet, he gets loans, collateralized against those unrealized gains to the current value of the gains, and then writes off the loan interest against his present and future taxes! Amazing!

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