jamieannmason,
@jamieannmason@mastodon.social avatar

Apparently, billionaires aren't as rich as they portray themselves as. #trumpsbroke

Jamie

18+ Frances_Larina,
@Frances_Larina@sfba.social avatar

@jamieannmason

Something so few people in the USA understand is that wealthy people own almost nothing directly in their own name specifically to protect them from liabilities ranging from taxes to court judgments like this.

People who don't live off wages and salaries know that under our system of laws, controlling a thing is far more important than having one's name on the title of ownership.

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