That's a good idea for how the ultra rich can pay taxes without forcing them to liquidate stock, and at least addresses the core of the problem.
But if the stock "shared" with the tax collector paid enough in dividends to cover the taxes, couldn't they just pay the taxes with the dividends to begin with?
How does sharing the stock help? Wouldn't the tax collector need to liquidate the stock to get any actually value from it?
But if the stock "shared" with the tax collector paid enough in dividends to cover the taxes, couldn't they just pay the taxes with the dividends to begin with?
How does sharing the stock help? Wouldn't the tax collector need to liquidate the stock to get any actually value from it?