I can IPO, sell some shares and make billions but have to take 25% in tax or I can not do that and what happens? How do I turn my non IPO shares into profit? Presumably if you liquidate to cash you owe the capital gains right?
You’re still going to end up making a higher valuation on the stock market than you would trying other means to avoid this tax.
You’re still going to end up making a higher valuation on the stock market than you would trying other means to avoid this tax.