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We are so far past “taxing” them. They need to be stripped of their wealth completely, not lose some extra 5% on the next haul.
This isn’t true. You have less wealth than billionaire, but you have more money.
Wealth isn’t cash. And for elon he is only worth that much because we want to invest in his companies. The 2nd we don’t, or he leaves or his companies fall he’s bankrupt. He owes 50 billion in loans and is Tesla stock went from 350 p/e to 30 he would be broke without a single dollar moving.
I hate the conversation around this and the absolute worship they get from the media.
They have no money just stock, but they use that stock to get loans so they can have tons of money. Depending on how people want to defend them they’re either loaded because they deserve it or poor and shouldn’t be taxed because they can’t liquidate or they’d kill the company…
It can have adverse side effects on the market and the company, but I’m reality the cost will just be passed down to the customer. The taxes will just be included in the compensation package. The money has to come from somewhere, and is is not from the open market (aka your 401k buying the stocks) it will come from the companies revenue as part is the package. It won’t actually get anything off value extracted from the billionaire because we might get added tax revenue, at the cost of 401k growth, or it pops bubbles causing the wealth the vapirize when trying to realize money. Best case is we get more tax revenue at the cost of increased goods cost.
Not sure I understand why America no longer encourages and celebrates folks being commercially successful. Instead folks are just jealous and complain all the time.
Property is theft.
Wut?
You don’t understand for a very simple reason, you are really fucking stupid and oblivious.
Why so angry and rude?
Commercially successful for the individual, but what at cost for everyone else? No one becomes this wealthy without shortcuts. And those shortcuts affect us all, whether you care to look at it or not.
You really believe that successful people who work their ass off to make something of their lives are all assholes who take short cuts?
Anon is bad at investing
He didnt invest, he made 10k every day.
That’s the point. If he invested it he’d be rich
He makes 10k every day … He is rich???
Apparently not enough. Still bitching
