Hacker News Reader

> I don't think it's fair to force them to sell shares so they can cover higher taxes.

If the treshold is high (say $1B) then I don’t think it would be that unfair to tax stock like property at e.g 1% a year. Diluting power would just be a secondary benefit in megacorps.

View on HN

I just don't see that working in practice. I've worked hard to build a small company and can't imagine losing 1% a year. The longer I work the less I own. If this was the reality, people would find a way around it even if it meant incorporating in another country entirely. And lets be honest, it would start at 1% and go up from there. We pay almost 2% / year of our home value in property tax.

Perhaps the parent comment was edited, but surely the 1bn threshold would cover your situation?

Reply on news.ycombinator.com