The other poster is correct: exercized stock options are taxed at your income rate. The 'preferential treatment' your broken record keeps skipping on refers to the way corporations used to expense stock options, not the way people who exercize them are treated.
The primary is pretty much decided. Continuing this foolish, ignorant whine about stock options does nothing but piss off a lot of people who are every bit as disappointed as you are that their candidate isn't going to win. Old enough to type on this message board, old enough to leave the diaper-wearing mentality behind.
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