why must it continue to be framed in black-or-white terms? criticizing Israel's military actions is not antisemitic and it's not anti-Zionist. I don't have a problem with the existence of a Jewish state. I have a problem with the existence of ANY state that is predicated on the extermination of another state.
No, of course he doesn't get to write it off. If you buy a car and total it, you still owe the bank the money on the auto loan.
Neither the banks nor the Saudis are going to tell him "No harm, no foul" on the billions they lent him to pursue this. The banks, at least, would be sued by their shareholders.
@mcfate business loans don't work the same way private property loans do. it certainly wouldn't be the first time it was more profitable to bankrupt a company than actually run it well (see also: Toys R Us).
@mcfate like I said, I think it's for tax purposes. if he can write the $44B off as a loss, that's $44B he doesn't have to pay any taxes on. no income tax on whatever he pays himself as CEO or CTO or whatever, no capital gains taxes on Xitter's stock price.
they also certainly do have assets, including real estate in one of the highest-prices markets in the country.
Let's keep in mind that Elmo virtually has no income as such, and he's never had $44 billion worth.
He just takes out loans using Tesla stock as collateral.
@dietotaku
There are much easier ways to get tax write-offs than completely burning down any good reputation you ever had, and doing it in such a way that it impacts your OTHER interests.
Not everything is a conspiracy. Sometimes stuff that seems witless and senseless IS simply witless and senseless.
Occam's Razor is your friend.