If it was about anything other than keeping poor people poor everyone would agree that the government taxing students on student loans is ridiculous. They own practically all of the loans. Over 90%. You can pick whatever name you want it to be called, but you cant tell me a tax break for the rich is different than a tax break for the poor, interest is tax.
“tax cut” means they don’t have to pay for the social commons they utilize, and proudly abuse, far more than individuals.
It means they get to tear up our roads with their semis, clog our courts with their business profit arguments, monopolize our public utility infrastructure, and have access to a publically educated, preliterate workforce they directly profit from without paying for the education the next generation to receive while expecting the fruits of it, which is why it’s still clownshoes moronic that big capital doesn’t pay for all college, as the rational developed world enforces they do.
No large business can credible claim to have found success in the first place without any of these and more benefits of operating within society, but they want people like you to defend them while they lobby and succeed at getting all of it as a hand out for free after all the tax cheats they get installed for bribes.
Big capital wants to suck all value and meaning from your society for themselves alone for a quick buck, yet you come off as grateful to them for it.
Because forgiving debt is an act of giving (also known as ‘handing out’) money, and a tax cut is an act of not taking money you already possess.
Duh. Giving someone $20 and not taking $20 from them are not equivalent acts.
If it was about anything other than keeping poor people poor everyone would agree that the government taxing students on student loans is ridiculous. They own practically all of the loans. Over 90%. You can pick whatever name you want it to be called, but you cant tell me a tax break for the rich is different than a tax break for the poor, interest is tax.
Racks up $4T in new national debt
Paying this back would mean taking money I already possess.
Doubles military spending
We had to, because it was necessary to protect all of our private property!
guts Medicaid, shutters thousands of post offices, and raises public tuition by another $5k/semester
Well, we had to be fiscally conservative, or we’d never pay down all that debt.
Gives away another $25B in industry bailouts
We had to protect critical infrasture. It’s a national security concern
Approved sale of bailed out critical industry to foreign conglomerate
They can just do it better! Why don’t you respect the free market?
More tax cuts to foreign stakeholders of US businesses
Shut up! You just don’t understand how economics works!
Finally get a small bump in the child tax credit
This is Communism. America has fallen.
Spot on.
This has been 50 years of unrestrained, enthusiastically sociopathic market capitalism, and America has fallen.
“tax cut” means they don’t have to pay for the social commons they utilize, and proudly abuse, far more than individuals.
It means they get to tear up our roads with their semis, clog our courts with their business profit arguments, monopolize our public utility infrastructure, and have access to a publically educated, preliterate workforce they directly profit from without paying for the education the next generation to receive while expecting the fruits of it, which is why it’s still clownshoes moronic that big capital doesn’t pay for all college, as the rational developed world enforces they do.
No large business can credible claim to have found success in the first place without any of these and more benefits of operating within society, but they want people like you to defend them while they lobby and succeed at getting all of it as a hand out for free after all the tax cheats they get installed for bribes.
Big capital wants to suck all value and meaning from your society for themselves alone for a quick buck, yet you come off as grateful to them for it.
Ok. So it would be cool if we just reduced all taxes on student debtors to $0 until they benefit from a “not take” of all their student loans?