Quote:
Originally Posted by trishguard
Wouldn't he be violating his fiduciary duties to his stockholders by doing so? I wouldn't invest with such a person.
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No, his private income is separate from his companies because they are publicly traded. Honestly I don't know how he's set it all up, but if he's paying around 15% tax, most of his income is coming from dividends and capital gains - the results of holding shares or trading shares. He could probably divest himself of his shares and get paid a salary if he wanted to pay the full rate of income tax.
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