Elon Musk Sells His TSLA Stock... But Not Because Of Twitter.
The Young Investors Podcast
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Is There a Sur Tax on Long Term Capital Gains?
Elon Musk is the wealthiest person on the planet, but it's all tied up in tesla stock. If he gets a big fat tax bill, he will have to sell some of his stock to be able to pay that off. The potential for a sur tax gives mister musk and others who are considering whether to exercise options or sell appreciated assets, an incentive to do so.
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