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I assume he had to (or will have to) sell a significant amount of Tesla stock to get the Argentina In My Dna Fingerprint Heart Argentina Flag Pride T-Shirt moreover I love this liquid cash. He will have to pay taxes on that income. Capital Gains taxes, mind you, not income taxes like the rest of us plebs, but his money is going to have to become “real” at some point to make this happen. He paid more money in taxes last year, than any American IN HISTORY. It’s well known, widely reported. It was made public after Elizabeth warren said he pays 0 taxes. Hes trading one financial asset into another. There really isnt any money involved besides the money he is borrowing to pay for it. If you buy a house for $500,000 and someone buys a similar house for $1,000,000, then you can say that your house has now doubled in value. However, that does not show on your bank account and you cannot spend that money until you sell your house! The tax you pay is when you sell, not when your neighbor sells. He actually cashed stock in and paid more in taxes than any 1 American has in history last year…. But don’t let that stop from pushing a false narritive If you have a house that you buy for $250k and it goes up in value to a million, you became a millionaire. You don’t pay income tax or equivalent on those $750k unless you sell the house. If you take out a loan with your $1m house as collateral to send your kids to school, you don’t need to pay income tax on the loan. Replace house with Tesla shares and college with Twitter and there you got it. Not that complicated… ITT: I don’t understand economics but Elon rich and he’s using other people’s money even though he “lost” over $100bn yesterday
Argentina In My Dna Fingerprint Heart Argentina Flag Pride T-Shirt, hoodie, tank top, sweater and long sleeve t-shirt
It’s an asset backed loan provided by banks who want business from SpaceX and Tesla. Alot of these comments are highlighting just how financially illiterate a lot of people are. That is probably by design. So uhhhh, clearly this person doesn’t understand why he took out a loan against his assets to purchase Twitter… Its actually simple he has enough personal assets (like his tesla stocks)to get as many loans as he wants to do as many vanity projects as he likes…untill he either gets bored or broke It’s because it isn’t money yet, it’s an unrealized asset such as a stock position that hasn’t yet been sold for cash (I.E. Money). These get taxed when they become realized (I.E Sold). Although it looks like there is going to be a tax on unrealized assets soon which is pretty crazy. It would be like taxing someone for the Argentina In My Dna Fingerprint Heart Argentina Flag Pride T-Shirt moreover I love this value of there home every year on the assumption that it will hold it’s value at a future date when you do finally decide to sell it.
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| Size | Length | Chest |
|---|---|---|
| S | 28in | 18in |
| M | 29in | 20in |
| L | 30in | 22in |
| XL | 31in | 24in |
| 2XL | 32in | 26in |
| 3XL | 33in | 28in |
| 4XL | 34in | 30in |
| 5XL | 35in | 32in |
| Size | Length | Chest |
|---|---|---|
| S | 25in | 16in |
| M | 26in | 17in |
| L | 26.5in | 18in |
| XL | 27in | 19.7in |
| 2XL | 27.9in | 21.6in |
| 3XL | 28.5in | 22.7in |
| Size | Length | Chest |
|---|---|---|
| S | 28in | 18in |
| M | 29in | 20in |
| L | 30in | 22in |
| XL | 31in | 24in |
| 2XL | 32in | 26in |
| 3XL | 33in | 28in |
| Size | Length | Chest | Sleeve |
|---|---|---|---|
| S | 26in | 20in | 33.5in |
| M | 27in | 22in | 34.5in |
| L | 28in | 24in | 35.5in |
| XL | 29in | 26in | 36.5in |
| 2XL | 30in | 28in | 37.5in |
| 3XL | 31in | 30in | 38.5in |
| 4XL | 32in | 32in | 38.5in |
| 3XL | 34in | 33in | 38.5in |
| Size | Length | Chest |
|---|---|---|
| S | 27in | 18in |
| M | 28in | 20in |
| L | 29in | 22in |
| XL | 30in | 24in |
| 2XL | 31in | 26in |
| Size | Length | Chest | Sleeve |
|---|---|---|---|
| S | 28in | 18in | 33.5in |
| M | 29in | 20in | 35in |
| L | 30in | 23in | 36.5in |
| XL | 31in | 24in | 38in |
| 2XL | 32in | 26in | 39.5in |
| 3XL | 33in | 28in | 39.5in |
| Size | Length | Chest | Sleeve |
|---|---|---|---|
| S | 27in | 20in | 34.5in |
| M | 28in | 22in | 35.5in |
| L | 29in | 24in | 36.5in |
| XL | 30in | 26in | 37.5in |
| 2XL | 31in | 28in | 38.5in |
| 3XL | 32in | 30in | 39in |
| 4XL | 33in | 32in | 39.5in |
| 5XL | 34in | 34in | 40in |
| Size | Youth Size | Length | Chest |
|---|---|---|---|
| S | 6-8 | 20.5in | 16in |
| M | 10-12 | 22in | 17in |
| L | 14-16 | 23.5in | 18in |
| XL | 18-20 | 25in | 19in |
| Size | Youth Size | Length | Chest |
|---|---|---|---|
| S | 6-8 | 21in | 17in |
| M | 10-12 | 22.5in | 18in |
| L | 14-16 | 24in | 19in |
| XL | 18-20 | 25.5in | 20in |
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