Jacob Kummer

[Jacob Kummer @itsjacobkummer]

@Skinnytiedcpa @ok_post_guy @Billy_Ocean_ Good Q: It gets insanely complex quick. They don’t fully pay it back until they die, and then you can take advantage of loop holes as well BUT your assets have to keep appreciating & have large cushion & assets to work. Articles - https://t.co/qxtIAaFvrl & https://t.co/Wt0pC0o8N7

[Jacob Kummer @itsjacobkummer]

@ok_post_guy @Billy_Ocean_ The reality is — bad example, but point is true, and every extremely rich person (or almost all) do it. You have stock or real estate and take loans out against it so you don’t have to take liquidate anything, and not pay tax. Legal? Yes. Stupid Law? Yes.

[Jacob Kummer @itsjacobkummer]

@DurvidImel Just signed up for Opinion Rewards after Studio video!

Do you have an invite code?

[Jacob Kummer @itsjacobkummer]

@Ac_3ka @PeterKots1 @GTA6Intel Well this was said by them during their earnings call — you can go listen. And the other dates weren’t confirmed like this. And they were delayed prior to call to set investor expectations… so.

[Jacob Kummer @itsjacobkummer]

@aleexarosa @RvLAlmost @carmothy @MotorsportiveHQ Incorrect. That was the rules. That is F1. Everyone is seeing what they can get away with, and it was technically legal. Making this last minute change, it’s the first time I’m ever aware of it happening — also I hate Mercedes lol

[Jacob Kummer @itsjacobkummer]

@aleexarosa @RvLAlmost @carmothy @MotorsportiveHQ Better planned than late. Not really fair to change the rules last minute, even if that wasn’t what was intended.

[Jacob Kummer @itsjacobkummer]

@aleexarosa @RvLAlmost @carmothy @MotorsportiveHQ Your right, it was never gray. It was just the rule, it may not exceed the ratio, measured cool. That wasn’t their intent though, but they probably didn’t think anyone would be able to exploit it. It needed updated, but I think at this point its a little late

[Jacob Kummer @itsjacobkummer]

@guadder17 @karatrany @GovTimWalz 🤦‍♂️

[Jacob Kummer @itsjacobkummer]

Hey @robhope - this URL is no longer linking to the original design: https://t.co/qTG0zLg2VO

[Jacob Kummer @itsjacobkummer]

@reezi02 @RBR_Daily 🤦‍♂️

[Jacob Kummer @itsjacobkummer]

@reezi02 @RBR_Daily That supports my point. So let’s suppose no cost cap in first year of these new regs. Red Bull would have ran even further away, Ferrari/Mercedes would have still been behind, and there would be a massive gap between RB, then F/M, then others. It’s both combined

[Jacob Kummer @itsjacobkummer]

@reezi02 @RBR_Daily Both. But leaning more towards cost cap.

[Jacob Kummer @itsjacobkummer]

@reezi02 @RBR_Daily If your point is there’s only 2 or 3 really good teams, you’d be correct. But the cost cap has brought everyone up much closer, to be the closest the grid has ever been. Thats the point. And by getting rid of the cost cap, you make the competition further apart.

[Jacob Kummer @itsjacobkummer]

@reezi02 @RBR_Daily Then don’t have a cost cap — probably one of the worst takes imo.

That lets a few teams outspend everyone, have massive gaps inbetween the top and bottom teams from a money perspective.

And likely that one of the big 3 will outspend/or better use that spend to pull ahead.

[Jacob Kummer @itsjacobkummer]

@heyyoudvd @SnazzyLabs Thanks for the good laugh today — I desperately needed it.

[Jacob Kummer @itsjacobkummer]

@Robberyyy17 @NadalistheGOAT_ @MattP1Gallagher I’m not sure if your arguing or not. Regardless the rules are the rules.

[Jacob Kummer @itsjacobkummer]

@vanekptr @NadalistheGOAT_ @MattP1Gallagher Exactly - I’m sure you could either set a lap minimum or do something else but like cmon…

[Jacob Kummer @itsjacobkummer]

@Robberyyy17 @NadalistheGOAT_ @MattP1Gallagher It’s not - breaks the rules lol

[Jacob Kummer @itsjacobkummer]

@NadalistheGOAT_ @MattP1Gallagher Not gonna disagree with you - but Russel doing what he did isn’t fair play. You can say the rules aren’t fair and change them, but you can’t disobey them because you don’t agree.

[Jacob Kummer @itsjacobkummer]

@NadalistheGOAT_ @MattP1Gallagher Well holding up can be a joke, but it is legal. Cutting corners is not…