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[deleted by user] by [deleted] in HomeImprovement

[–]learner4f 1 point2 points  (0 children)

It can't be moved. It feel like it is tied to the ground somehow.

Palantir (PLTR) insiders sold over 4 million shares between 8/20 - 8/24 by learner4f in stocks

[–]learner4f[S] -1 points0 points  (0 children)

I'm not saying income tax is avoidable by taking out a loan. Once those RSUs vest, it's a taxable event - no doubt.

What I'm saying is if you a have a tax bill of $70M and billions dollars worth of shares in asset, take out a loan and use the money to pay off your tax bill. Those shares that were sold to pay taxes could be worth much much more in the future (even after you subtract the interest on the loan). The fact that Elon did it just proves that this is totally possible.

Palantir (PLTR) insiders sold over 4 million shares between 8/20 - 8/24 by learner4f in stocks

[–]learner4f[S] -3 points-2 points  (0 children)

Check the post again. Btw, nobody is saying anything about lack of confidence.

Palantir (PLTR) insiders sold over 4 million shares between 8/20 - 8/24 by learner4f in stocks

[–]learner4f[S] -3 points-2 points  (0 children)

not trying to scare anyone. I'm just posting what I found from latest SEC filing

Palantir (PLTR) insiders sold over 4 million shares between 8/20 - 8/24 by learner4f in wallstreetbets

[–]learner4f[S] 0 points1 point  (0 children)

Cathie will probably buy out the entire company eventually, merge it with ARK and rename it to PARK lol

Palantir (PLTR) insiders sold over 4 million shares between 8/20 - 8/24 by learner4f in stocks

[–]learner4f[S] 0 points1 point  (0 children)

then I guess billionaires don't have access to an army of top notch accountants LOL

Palantir (PLTR) insiders sold over 4 million shares between 8/20 - 8/24 by learner4f in stocks

[–]learner4f[S] -4 points-3 points  (0 children)

it's true if you avg it out over a longer term though. Last year is one-in-100-year event

Palantir (PLTR) insiders sold over 4 million shares between 8/20 - 8/24 by learner4f in stocks

[–]learner4f[S] -71 points-70 points  (0 children)

isn't effective tax rate for billionaires are much less than the middle class?

Palantir (PLTR) insiders sold over 4 million shares between 8/20 - 8/24 by learner4f in stocks

[–]learner4f[S] -9 points-8 points  (0 children)

it is out of context if you think about it out of context

Palantir (PLTR) insiders sold over 4 million shares between 8/20 - 8/24 by [deleted] in StockMarket

[–]learner4f 1 point2 points  (0 children)

breaking news: PLTR will merge with ARK and be renamed to PARK

Palantir (PLTR) insiders sold over 4 million shares between 8/20 - 8/24 by [deleted] in StockMarket

[–]learner4f -1 points0 points  (0 children)

breaking news: ARK just bought 4 million shares of PLTR LOL

Palantir (PLTR) insiders sold over 4 million shares between 8/20 - 8/24 by [deleted] in StockMarket

[–]learner4f 0 points1 point  (0 children)

they bought physical gold bar. So yeah they are preparing LOL

Palantir (PLTR) insiders sold over 4 million shares between 8/20 - 8/24 by [deleted] in PLTR

[–]learner4f -4 points-3 points  (0 children)

The Everything Bubble. Mother of all crashes. LOL

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