-Removed-Explaining valuation to someone who seems proudly ignorant of the most basic accounting principles is a bit difficult.
You seem to know that real property can be valued but seem unaware that stocks can be. That's rather strange. My reference to a balance sheet was to show that businesses and individuals routinely file financial reports which show the current value of all assets including stocks. The relevance of that fact should be somewhat obvious.
Trump has this guys backing so he will not raise his taxes. 222 billion is a ridiculous amount of money and he should be taxed accordingly. Trump has said he will not raise Taxes but he is talking about for the rich not your everyday blue collar worker.
Elon Musk › Net worth
222 billion
USD
2024
Bloomberg ranks him as the world's richest person, estimating his net worth to be around $228bn. That's based largely on the value of his shares in Tesla, of which he owns more than 13%.
-VR
@wildgrass saidSure. Stop incurring debt , and payoff existing debt. Like you do at your kitchen table, and with your city council budget. Balance sheets.
Work it like we do with property.
Anyways if companies and shareholders don't like it, they could stop hogging all the federal tax handouts.
Try anything to get debt under control.