• krisevol@lemmus.org
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    1 day ago

    You realize that it is on the back of stocks worth 350+ p/e ratios right? At 30 p/e he is broke.

    He is worth that much because we a country we are winning to buy his stocks are huge earning ratios.

    But the magic here, is it’s basically untaxable. The second you try to tax his unraised gains, it ask vaporizes as investors flee.

      • krisevol@lemmus.org
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        17 hours ago

        Why, you would gain nothing and the best case you will vaporize an industry that is the last flight to keep some jobs in the countries before they moved to China byd

        • it_wasnt_arson@awful.systems
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          12 hours ago

          Vaporize? The land and equipment aren’t going anywhere. Reorganize the parts of the parts of the business that are actually, physically real and let the workers decide how best to put them to use instead of an egomaniacal Twitter addict.