This doesnt change the Geo character ningguang aesthetic genshin impact classic shirt in other words I will buy this discussion at hand really. It’s just an extension on the collateralizing ofunrealized assets. I have no problem with the bank allowing you to calculate your income based on if you sold the stocks as long as they aren’t part of the collateral because I have no problem with you selling stock. It’s the collateralization of unrealized gains. You can do that you idiot. After your mortgage it’s up to you what you want to use that money for. What a fucking dumb take. The point they’re making is you need to take a loan out on your assets (house) in order to have cash. The asset itself can’t do much until you liquidate or leverage it into cash Because his supporters’ brains are maga-like. Always right, never wrong and twisting or ignoring the facts. Reddit in a nutshell anyway.
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I see people who complain that he doesn’t pay taxes, then I see people who say nope, he actually does pay taxes. He only pays taxes when he cashes out on TSLA stock. He doesn’t get paid a salaried. When he cashes out, it’s a 20% long-term capital gains tax. Many people argue that’s unfair because it’s a smaller tax rate than the Geo character ningguang aesthetic genshin impact classic shirt in other words I will buy this average American. He lives off loans made from his stock options, and doesn’t take a salary on paper…like all these rich fucks do. Also seeing he paid a total of $455 million in federal income taxes between 2014 and 2018. Can’t find anything on 2019 or 2020. Please note that he only used the stock as collateral, but he still owns it and now owns Twitter as well without spending a dime of his own money. Sorry i don’t understand. But he’s going to have to pay off the loan sometime in his life or at least keep paying the interest at minimum.. where does he get that money to pay it off from? It isn’t real money. He bought Twitter using a loan against Tesla, effectively stealing the value from all shareholders. This $44 billion purchase cost all Tesla shareholders $126 billion, but since Elon only owns ~17% of Tesla, he essentially only spent $21.5 billion of his own money and $104.5 billion of other peoples money, but now owns the entire $44 billion purchase. Imagine paying $10 for a burger meal, they give you $20 in change from other customers, and all of that was somehow completely legal. Isn’t imaginary economics fun? Why are people so obsessed with someone else’s money? I don’t see people taking shots a bezos or mickey… why not worry about what politicians do with your taxes? Musk isn’t the worst of our problems.