Progressive Politics

But it's they pay in stocks, then the government still needs to offload them to gain cash for the programs. It would still pop the bubble, and best case it's our 401ks paying the tax.

But we know all these stocks are overvalued anyways, what happens when they come back down? So we refund them the stocks? And I'm that car we definitely paid the tax.

But for your first question, yes billionaires like elon do have problems getting cash at this level. He has to sell shares to pay 10 million in taxes, and he has to borrow the whole amount to buy Twitter. This is backed by 350 p/e Tesla stocks. If the stocks came down to 30 like most car companies he would be bankrupt because he owes 50 billion, and he would lose 90% wealth overnight with those evaluations. The money doesn't really exist, and it's we try to realize it, the whole bubble pops.