Subject: Re: In view of what's happening in Cali
As Mark pointed out, even when they need money they rarely sell shares. They just use the shares as collateral for a loan. The shares increase in price faster than the interest on the loan compounds. That way they never have to pay anything in taxes.

So don't they ever have to pay off these loans? Don't the lenders ever collect? And if they do, where to the billionaires get the funds to pay?