That's the one thing that makes sense to me. If Bezos really does make 78 billion every year what difference is 100 million going to make? That's the only thing I can agree with that old commie with.
No offense to you, but that's exactly the reason why most commies exist. They don't understand economics well enough to understand why their ideas don't make sense.
Bezos could try to free up capital, but it would essentially be selling away his ownership of Amazon. If he freed up all 78 bn he would no longer have any stake in Amazon, and they likely would stop listening to him as a result. (It also would cause the stock to tank, and the valuation would go down resulting in him getting less than 78 bn in total)
Every year that Amazon gains value, Bezos gets gains on paper, but those gains won't be realized until he gives up part of his stake in Amazon, meaning his future gains will be lower.
Youd think the "BILLONHARES" would be out of money by now after having to pay for healthcare, college, childcare for all of America 🙄
That's the one thing that makes sense to me. If Bezos really does make 78 billion every year what difference is 100 million going to make? That's the only thing I can agree with that old commie with.
He doesn't. That's probably his net worth, most of which is tied up in stock.
I see that now. I still don't understand the difference though.
No offense to you, but that's exactly the reason why most commies exist. They don't understand economics well enough to understand why their ideas don't make sense.
Bezos could try to free up capital, but it would essentially be selling away his ownership of Amazon. If he freed up all 78 bn he would no longer have any stake in Amazon, and they likely would stop listening to him as a result. (It also would cause the stock to tank, and the valuation would go down resulting in him getting less than 78 bn in total)
Every year that Amazon gains value, Bezos gets gains on paper, but those gains won't be realized until he gives up part of his stake in Amazon, meaning his future gains will be lower.
Wouldn't matter if he brings home 78 katrillion jillion billion a month. It's his.
Slap a flat 10% Income Tax on everyone and let it go at that.