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sgrif's profile
Miss Dada 🏳️‍⚧️
Miss Dada 🏳️‍⚧️
Miss Dada  🏳️‍⚧️
@sgrif

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Miss Dada  🏳️‍⚧️

@sgrif

Co lead of the http://crates.io  team. Creator of @dieselframework. Former host of @_bikeshed and @_yakshave. Former Rails comitter. Enby. they/them

Albuquerque, NM
patreon.com/seantheprogram…
Joined November 2008

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    1. betsythemuffin‏ @betsythemuffin Feb 27
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      betsythemuffin Retweeted Dan Primack

      ironic that the "socialist" in the race is against worker ownership of companies but seriously, lack of consideration of unintended consequences is my biggest concern about Sanders, and I continue to have that concernhttps://twitter.com/danprimack/status/1233121428406444035 …

      betsythemuffin added,

      Dan PrimackVerified account @danprimack
      New Sanders tax plan would really screw over a lot of startup employees -- would tax options at vest, rather than at exercise. Many employees would be unable to pay -- forcing them either to give up options or take out loans. https://www.wsj.com/articles/bernie-sanders-aims-new-tax-hike-at-executive-retirement-plans-11582815616 …
      Show this thread
      2 replies 2 retweets 13 likes
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    2. Miss Dada  🏳️‍⚧️‏ @sgrif Feb 27
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      Replying to @betsythemuffin

      I'm not following how this is significantly different than how taxes are handled with stock. The taxable value of the option is the difference between current trading price and strike price, meaning you can immediately exercise and sell to cover taxes just like stock

      1 reply 0 retweets 0 likes
    3. Miss Dada  🏳️‍⚧️‏ @sgrif Feb 27
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      Replying to @sgrif @betsythemuffin

      IIRC this is how it works for ISOs in Canada (but to be perfectly honest I don't remember the specifics other than it's really different than America and I got fucked by assuming I was being sufficiently taxed when we moved to the US)

      1 reply 0 retweets 0 likes
    4. Miss Dada  🏳️‍⚧️‏ @sgrif Feb 27
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      Replying to @sgrif @betsythemuffin

      Note: I am not a Sanders supporter

      1 reply 0 retweets 0 likes
    5. betsythemuffin‏ @betsythemuffin Feb 27
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      Replying to @sgrif

      Hate that the discourse is so toxic that you felt a need to mention this! So the thing I’m concerned about is that it creates pressure to sell as soon as you vest, because you want execs to need to hold for the long-term

      1 reply 0 retweets 2 likes
      Miss Dada  🏳️‍⚧️‏ @sgrif Feb 27
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      Replying to @betsythemuffin

      This makes sense. Options should behave differently than stock in this regard. Thanks for elaborating.

      4:41 PM - 27 Feb 2020
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      • betsythemuffin
      0 replies 0 retweets 1 like

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