What if the founder borrows against their stock to pay the wealth tax? Or uses a sale-and-repurchase agreement? That way, they can use the present value of the stock to pay their taxes, while hanging on to the upside.
You need to account for interest in this situation, but that should be less than the growth of the company.
PG's story doesn't even hold water in dollar terms.
You need to account for interest in this situation, but that should be less than the growth of the company.
PG's story doesn't even hold water in dollar terms.