AngryMulbear

joined 1 year ago
[โ€“] AngryMulbear@lemmy.ca 1 points 1 year ago

The pearl clutchers love to screech about fires and safety, ignoring the fact fire suppression tech has advanced significantly in the time point access blocks were banned.

[โ€“] AngryMulbear@lemmy.ca 1 points 1 year ago

Or picked apart by private equity vultures at the expense of pension funds.

[โ€“] AngryMulbear@lemmy.ca 2 points 1 year ago

That's not true at all. Loss of controlling ownership makes a company vulnerable to a hostile takeover. The new owners will pick it apart like the vultures they are.

RIP grannies pension plan

[โ€“] AngryMulbear@lemmy.ca 1 points 1 year ago

What you are proposing would fundamentally break price discovery on the open market as everyone's tax burden would need to be continually calculated. That just isn't feasible.

[โ€“] AngryMulbear@lemmy.ca 3 points 1 year ago

To expand on that, you should also pay tax on unrealized gains used as collateral for a loan.

[โ€“] AngryMulbear@lemmy.ca -2 points 1 year ago

"Sorry grandma, you have to eat cat food now because Elon was forced to sell his majority stake in Tesla crashing your pension plan."

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