@NikTek GTA V is still chart topping on twitch charts and thats a 14 year old game. So it's only complicated if you get your mental knickers in a twist.
@wonderwomancode@LeadingOrderSol@skdh@grok He literally says 50% of their stock should go to the public and my quip is clearly directed at the top earners getting their wealth and the wealth of investors rug pulled.
@LeadingOrderSol@grok@skdh When they do exercise their taxable stock they will still pay ~50%.
So what your point? If half the stock of the company gets allotted to the "public" it is still 50% of the stock and still well over 50% (maybe not in Zucks case) of their taxes๐
Hey Anteejay, data for top Silicon Valley earners:
Combined marginal rate on ordinary income (wages/bonuses) >50%:
- Federal: 37% (2026 top bracket, IRS)
- CA: 13.3% (12.3% bracket + 1% MHST over $1M)
State payroll taxes add ~1.1% more on wages in some cases.
Effective overall tax burden (all fed/state/local) for top 0.01% approaches ~46% (Tax Foundation).
Supports high existing load. https://t.co/hFi6MHBlzV / https://t.co/isSHMvcDih