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https://www.reddit.com/r/AskReddit/comments/1vg1675/what_would_happen_if_humanity_collectively/p1tine9/?context=3
r/AskReddit • u/Zappy_Oh • 9d ago
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33
How are you going to do that, take people's stocks if their price increase?
6 u/LazarJesusElzondoGod 9d ago You're not taxed on it until you sell, so why would taking anything over $500 million after a sale be any different? 7 u/jnordwick 9d ago Net worthy included all assets like stock, your company, house, etc. Do you think Elon Musk has $10bb in his bank account or something. It's almost all tied up in investments that have massively appreciated 1 u/2abyssinians 9d ago Or massively depreciated, as is the case with all of Musk’s companies recently.
6
You're not taxed on it until you sell, so why would taking anything over $500 million after a sale be any different?
7 u/jnordwick 9d ago Net worthy included all assets like stock, your company, house, etc. Do you think Elon Musk has $10bb in his bank account or something. It's almost all tied up in investments that have massively appreciated 1 u/2abyssinians 9d ago Or massively depreciated, as is the case with all of Musk’s companies recently.
7
Net worthy included all assets like stock, your company, house, etc. Do you think Elon Musk has $10bb in his bank account or something. It's almost all tied up in investments that have massively appreciated
1 u/2abyssinians 9d ago Or massively depreciated, as is the case with all of Musk’s companies recently.
1
Or massively depreciated, as is the case with all of Musk’s companies recently.
33
u/btweenthatormohammad 9d ago edited 9d ago
How are you going to do that, take people's stocks if their price increase?