@dailydirtnap Neither option exists as stated. But option A is taxed as ordinary income as earned. Option B is largely tax deferred and will receive capital gains tax treatment when eventually taxed.
@EastcoastLaurie@WallStreetApes If you think taxpayers should be making these loans at this rate, why not go first? Find a student and lend them $100k at 2% for the next 15 years. Post regular updates to let us know how it is going.
@IFlyACRJ@nut_history The actual rule says the following: “(6) He or the next base is tagged before he touches the next base, after he has been forced to advance by reason of the batter becoming a runner.” At the same time is not “before” and so, by rule, a tie goes to the runner.
@CoachScott619@VigilantFox Not exactly true. If Musk spends his money on extravagances like helicopters and yachts, that productive capacity is redirected away from other places in the economy (eg housing, medical care, etc). What you say is only true if he or his children never spend it
@VigilantFox Maher is comparing a balance sheet item (musk net worth) with an annual income statement item (US annual GDP). Fairly nonsensical. US total net worth is estimated to be $150-$170T putting Musk at ~0.5%. Still a bit number but nowhere near 2.7%.
@MatrixMysteries Next time something catastrophic befalls our economy, entrepreneurs arent going to be willing to take govt assistance that allows them to keep people employed. Because of continuing messages like this, next time, they are going to say”no thank you” and just lay people off.
@MatrixMysteries You’re forgetting the fact that you also get to live in the house during that time. Subtract the free rent from those payments and add in some home price appreciation and the numbers workout just fine.