this post was submitted on 24 Dec 2024
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Enough Musk Spam
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You uhh aren't doing yourself any favors taking that already-debunked 20B figure seriously.
And a couple of years ago, it shrank by $182 billion.
Stop treating net worth like it's an amount of cash. It isn't.
It is literally equivalent amount of cash lol
It is not annual income, but it would support a decade of expenditure for 10 years though, ie enough time to solve the issue.
One billionaire is a price most of are willing to pay too lol
Cash can't increase or decrease in quantity without any transaction having happened.
It's absolutely cash. It's cash when they want to use it, but not when we want to tax it or talk about using wealth differently in our country? Bullshit. It's cash.
And you might be surprised to find out politifact is in fact not the arbiter of reality.
When you sell a possession, you can obtain cash in exchange for it. It's not cash until then--up to that point, it's only a price tag, a valuation.
And taking out a loan using a possession of yours as collateral isn't income at all. Loans are not income--you need to pay loans back.
Until it debunks a claim made by the Other Team, right? That article goes into a lot of detail about how and why the claim is wrong/misleading.
That article goes into a lot of detail well beyond the original claim. Which is why it's a strawman argument. And Elon used his stocks to buy Twitter. It's cash.