Re: #TaxTheRich, what happens if an executive and large shareholder of a publicly traded company sells stock in order to invest in another company? Capital gains tax is paid, yes? Also a portion to payroll taxes for the company/employees. Know a good writeup? Asking for a friend.
Many of the wealthy who are vilified for their massive net worth, derive most of that wealth from holding a large percentage of a publicly-traded company (usually, that they created). Vanguard and Blackrock (iShares) — in many 401Ks — own as much Amazon stock as Bezos does. 3/