Intel Corp (INTC)

[Tim May]

How do I factor in opportunity costs?

By doing this calculation:

If I sell my Intel I pay approximately 38% in taxes immediately. (The Fed rate plus surtaxes plus the state rate plus surtaxes--about 37-39% in Calif. not counting local taxes which can go up with income.).


Versus not selling and letting the pot ride, and thus paying no taxes whatsoever so long as the pot is riding. I've done this for 40 plus years.

Even the high tax folks, state and Federal, have recognized that this is a problem for them.

Yeah, things are inefficient. Yeah, this is probably why a lot of the dirt people don't have jobs.

Don't blame me. Look to those who think high marginal tax rates are the solution.

Anyway, their tax policies have doomed the bottom 60% to eventual starvation and culling.


--Tim