logoalt Hacker News

altruios • yesterday at 10:56 PM • 1 reply • view on HN

Charitably speaking: I suspect the commenter above you was indicating that the government should have a stock portfolio you can transfer stocks to to pay taxes in a non-taxable event type scenerio.


Replies

edoceo • yesterday at 11:08 PM

If you're taxing wealth (and not income) then switching stocks into cash doesn't change the wealth. Then use the cash to pay the taxes which reduces the wealth.