Libs love to say “you can’t just take all the money from the rich, it’s mostly stocks that would drop in value”. As if the stocks don’t represent the ownership of actual productive forces that will create value regardless.
In Musk’s case, it’s actually true. Most of his “net worth” is from overinflated stocks of a car company that has a tiny amount of the country’s automotive market share and makes shit cars that fall apart.
If Tesla’s stock crashed from Elon divesting to pay taxes, the cost of upkeeping USAmerican infrastructure would plummet without the global production of 10-tonne kampfwankeurwagens.
Libs love to say “you can’t just take all the money from the rich, it’s mostly stocks that would drop in value”. As if the stocks don’t represent the ownership of actual productive forces that will create value regardless.
In Musk’s case, it’s actually true. Most of his “net worth” is from overinflated stocks of a car company that has a tiny amount of the country’s automotive market share and makes shit cars that fall apart.
If Tesla’s stock crashed from Elon divesting to pay taxes, the cost of upkeeping USAmerican infrastructure would plummet without the global production of 10-tonne kampfwankeurwagens.