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I was for it until I read about the deferred stock options (with no limits that I know of). I would rather get paid in stock options, do I have to pay the 35% tax when I cash those out? If they are long term gains, would it only be 15% tax on the capital gain amount?
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Well, they can't cash out on those stocks until the federal loan is repaid in full. So I honestly don't care which of the tax codes it falls under as the government will get their money back with interest before it becomes a factor.
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"Smite the rocks with the rod of knowledge, and fountains of unstinted wealth will gush forth." - Ashbel Smith as he laid the first cornerstone of the University of Texas
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