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Driving the economy into recession and raising living costs to insane
levels wasn't enough for the tech industry, now the option babies are
upset because their stock options are underwater and they owe big
taxes. Sheese. I know people who have gotten into this situation
and it all occurred because they were greedy. They didn't sell their
options at exercise time, instead choosing to hold onto the stock so
they would pay less taxes down the road. Will Congress succumb and
bail them out like AG has bailed out the big companies that made the
wrong decisions?
The Valley's Tax Revolt
By Scott Harris
Tech workers are taking a big tax hit on their stock options. Will
Congress come to the rescue?
http://www.thestandard.com/article/0,1902,27355,00.html?nl=int
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