News for hackers. Stuff that matters.
Re:Elon’s Out by mise_en_place on Saturday July 09, 2022 @07:27PM (#32040298)
Ok let’s say he has a bunch of stock as well as paintings, cars, etc. how do you divvy that up? Cut the painting in half and give it to Twitter? The rich are very wise at hiding money in assets that cannot be evenly divided nor distributed. That’s why the vast majority of taxes in the US comes from the middle class, they usually sit on piles of cash and have salaries from which to levy fines to.
Re:Elon’s Out by aunty_helen on Saturday July 09, 2022 @07:30PM (#32040316)
Or ya no, liquidate the asset and divvy up the cash. I'm sure you could've thought of that.
Re:Elon’s Out by mise_en_place on Saturday July 09, 2022 @11:44PM (#32041652)
That will take years and Elon could easily stall them out in court.
Re:Elon’s Out by brutusborn on Sunday July 17, 2022 @03:16AM (#32125076)
Auctions don't usually take years :P
Re:Elon’s Out by jmccaf on Saturday July 09, 2022 @09:07PM (#32040903)
Most of the middle class in America has a salary, or at least a paycheck, but distressing little cash saved. But they do pay the taxes that pay the bills.
Re:Elon’s Out by carpo on Saturday July 09, 2022 @07:31PM (#32040319)
You sell it for money
Re:Elon’s Out by blibble on Saturday July 09, 2022 @07:35PM (#32040345)
auction