LogFAQs > #958471638

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Topic	Should Congress cut taxes for the rich?
hockeydude15 09/27/21 4:39:26 PM #9:	BlAcK TuRtLe posted... The MSM and Reddit crowd push this narrative that "Jeff Bezos/Elon Musk have more money than you could make if you worked 1000 years at $5,000 an hour", while gleefully ignoring that the vast vast majority of their wealth is tied up in stocks at the current market rate, that they could never realistically sell in large quantities without tanking the stock price. While Musk generally hangs on to stock (for now at least) Bezos literally has sold almost $20 billion of his stock over the last 2 years and yet it hasn't stopped Amazon's stock from just going up. And if $20 billion over 2 years isn't a large quantity then lolo --- Yawn <cite>hockeydude15 posted [p:958471638] in Should Con... [t:79681658]...</cite> <quote>BlAcK TuRtLe posted... </cite> <quote>The MSM and Reddit crowd push this narrative that "Jeff Bezos/Elon Musk have more money than you could make if you worked 1000 years at $5,000 an hour", while gleefully ignoring that the vast vast majority of their wealth is tied up in stocks at the current market rate, that they could never realistically sell in large quantities without tanking the stock price.</quote>While Musk generally hangs on to stock (for now at least) Bezos literally has sold almost $20 billion of his stock over the last 2 years and yet it hasn't stopped Amazon's stock from just going up. And if $20 billion over 2 years isn't a large quantity then lolo --- Yawn</quote> ... Copied to Clipboard!
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