Sam Gage

Done here for now

[Sam Gage @Scampleton]

@RichardN7 Going to need a concrete consultant for that, preferably one with an economics degree and a relative in government.

[Sam Gage @Scampleton]

@MollyJongFast Aside from this being an obvious scam, he doesn't have $25b worth of anything. You couldn't cash that much out without crashing the price.

[Sam Gage @Scampleton]

@LeePrevost @InnoSpg @IPS_DC @owenslindsay1 @Groundwork @propublica The bank could choose to lend you the money with no collateral, but they choose not to. What happens if you borrow and the house price crashes? They factor that in. Nothing about taxing gains is unfair, you just don't like that it wouldn't benefit you personally.

[Sam Gage @Scampleton]

@LeePrevost @InnoSpg @IPS_DC @owenslindsay1 @Groundwork @propublica The point is you took advantage of the gains, you're actively using them for financial benefit. You don't have to do that, much like you don't have to sell shares, it's up to the person to decide if it's worth it.

[Sam Gage @Scampleton]

@LeePrevost @InnoSpg @IPS_DC @owenslindsay1 @Groundwork @propublica If you want to get the economy moving then raising the lowest end of income tax is the simplest, fairest and most effective way.

[Sam Gage @Scampleton]

@LeePrevost @InnoSpg @IPS_DC @owenslindsay1 @Groundwork @propublica You're leveraging against 1/4 of the value, so you'd be realising 1/4 of the gains (25k).

[Sam Gage @Scampleton]

@LeePrevost @InnoSpg @IPS_DC @owenslindsay1 @Groundwork @propublica There's nothing wrong with leveraging against assets. I'm saying the rule should be if you leverage against an asset gain, it should be classed as realised.

[Sam Gage @Scampleton]

@LeePrevost @InnoSpg @IPS_DC @owenslindsay1 @Groundwork @propublica Whether the gains are unrealised is unfortunately largely irrelevant as long as people can use it as leverage to borrow. That trick is hardly a secret, and should be outlawed.

[Sam Gage @Scampleton]

@CreativeDeduct @BBCNewsnight Seems like the only alternative to oligarchs is a different set of oligarchs, who are mostly the same oligarchs. I just want people with the best ideas to be heard, not the person with the most money.

[Sam Gage @Scampleton]

@CreativeDeduct @BBCNewsnight Does the £44bn by Musk not count?

[Sam Gage @Scampleton]

@CreativeDeduct @BBCNewsnight If I wanted to stick my oar into the political system I'd run as an MP and do my best to represent the constituents. I don't feel the need to, so I vote, and occasionally write to an MP.

The idea of outspending other people to get my way in a democracy gives me the creeps.

[Sam Gage @Scampleton]

@CreativeDeduct @BBCNewsnight I'm not spending billions to exert undemocratic influence over global politics, if that's what you mean.

[Sam Gage @Scampleton]

@CreativeDeduct @BBCNewsnight So do you think Musk is in it for personal gain, or for some noble cause that benefits the public?

[Sam Gage @Scampleton]

@CreativeDeduct @BBCNewsnight As a public servant, probably moreso than a billionaire. That has no bearing on whether Musk is self-serving.

[Sam Gage @Scampleton]

@CreativeDeduct @BBCNewsnight Do you actually think he's doing it for the benefit of anyone but himself? Oh to be so innocent.

[Sam Gage @Scampleton]

@peterrhague @BBCNewsnight He bought Twitter. That's buying his way into every country's politics.

[Sam Gage @Scampleton]

@ChimeraX2021 @BBCNews But why do we link the percentage that isn't from gas to the price of gas?

[Sam Gage @Scampleton]

@BBCWorld It's hardly a complex issue. MAGA hats hate immigrants and billionaires love money.

Those aren't compatible ideals.

[Sam Gage @Scampleton]

@BBCWorld From the video the main issue looks to be the massive earth bank at the end of the runway. Would a sand trap or something be feasible at airports which don't run on to open fields?