I wasn’t sure where to put it. Wanted to put it in memes, but didn’t relish the inevitable “it’s not a meme” comments, so this seemed like the best fit.
It’s NOT my OC and I encourage you to crosspost as you wish. 🙂
Kinda. Billionaires don’t usually have a checking account with a few billion in it because they took it from a company’s profit instead of giving it to payroll.
Their net worth is largely in non-liquid assets like stocks and real estate.
Man I am so sick of people explaining this as if people don’t understand the concept of wealth as oppose to liquid assets. The argument still stands and it just serves to derail the point of whether billionaires should exist or not, and usually it’s used for tax evasion purposes and is entirely moot to the point anyway.
Why is this in shitpost it’s true
I wasn’t sure where to put it. Wanted to put it in memes, but didn’t relish the inevitable “it’s not a meme” comments, so this seemed like the best fit.
It’s NOT my OC and I encourage you to crosspost as you wish. 🙂
Kinda. Billionaires don’t usually have a checking account with a few billion in it because they took it from a company’s profit instead of giving it to payroll.
Their net worth is largely in non-liquid assets like stocks and real estate.
Man I am so sick of people explaining this as if people don’t understand the concept of wealth as oppose to liquid assets. The argument still stands and it just serves to derail the point of whether billionaires should exist or not, and usually it’s used for tax evasion purposes and is entirely moot to the point anyway.