Perhaps he's smart enough to realize he can defer capital gains taxes and thereby improve his overall take-home via compounded annual returns that way?

Who knows...he may just be clever enough to know how to hedge his portfolio and sell covered calls against his holdings, too, further improving his returns.

If you cant beat them, join them! Follow the money. It all goes to stockholders after the fat cats. Make your stock plays and smoke your cigars. The little guy NEVER wins.

Stock gains are only taxed at 15%, that's why Warren Buffet pays a lesser tax rate then his secretary. Even Warren says our tax structure is messed up!

How about a 'flat tax' where everyone, top to bottom, pays the same rate, no deductions, no write offs, nothing. We could eliminate the entire IRS tomorrow.

I say sliding scale....adjusted for use of fed dollars and income level...3% to 18%.....

Some big dollars are fighting against anything that makes taxes easier:

How the Maker of TurboTax Fought Free, Simple Tax Filing - ProPublica

Correction:

No little guy with an attitude and a mind-set like that ever won, because he quit before he ever tried. The same holds true for the little guy who tried, failed, and then quit because he/she allowed themselves to adopt that attitude and mind-set.

We can thank the good Lord above that folks like America's Founding Fathers, George Washington, Martin Luther King, Jr., etc. never fell for that BS.

USAPA had it's faults but at least they weren't dumb enough to give up profit sharing.

A flat tax raisea taxes on lower income people and lowers taxes for the very wealthy. It's the opposite of what we need. Our current progressive tax system is complicated but logical. If you are raising a family on 35,000 a year, you get a lower rate and deductions to help you. If you are single and making 500,000 you pay a lot in taxes...exactly how it should be. The things that make the system so damn complicated are there for a reason. The guy raising a family on 35k is spending every dime he makes to support the family (housing, food, education) takes up all the income. The guy making 500k is spending a tiny fraction of his income on the essentials, and thus should have plenty of money left over to pay taxes.

A flat tax is nothing but a pipe dream for the very high income makers.

Get a job, hippie

Having children is a choice. If you choose to have children you cannot afford, it is not society's problem.

The tax rate argument is a twisted liberal argument designed to foster class division.

/sympathy