Author Topic: GOP To Block Bill That Would Help 40 Million People Because It Raises Taxes on Millionaires  (Read 411 times)

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Offline EC

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Offline raml

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Why should millionaires finance young people going to college. They make it sound so just but it isn't students should take out loans and pay them off without help from the government at all. The government has no business being in the loan business. It is time to stop stealing from those that work hard and giving to those that don't a student who isn't working while going to college just doesn't deserve any help with loans later.

Offline alicewonders

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Why should millionaires finance young people going to college. They make it sound so just but it isn't students should take out loans and pay them off without help from the government at all. The government has no business being in the loan business. It is time to stop stealing from those that work hard and giving to those that don't a student who isn't working while going to college just doesn't deserve any help with loans later.

They should go back to the way I paid for my college in the seventies.  I had an evening shift job lined up BEFORE I graduated from high school.  The week I graduated, I started working evenings and going to summer classes in the day.  That fall, I went to school full-time and worked 30 hours a week as well.  That would have been bad enough - but then I decided to get married and so I was a newly-wed too! 

I don't really recommend taking all that on at once - but I didn't even know you could get a student loan back then - just assumed you worked your way through. 

It is sad to think of getting out of college and then having that big of a debt staring you in the face before you can even get a decent job.  How depressing. 
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Offline Relic

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Our kids have been indoctrinated. A decided minority understand supply and demand. If loan money dried up, college tuition would drop like a stone, but our young people don't understand that concept.

Now we have Obama increasing the gap between the wealthy and the working class, and exploiting it. Our young are all about eating the rich.

Offline GourmetDan

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That fall, I went to school full-time and worked 30 hours a week as well.  That would have been bad enough - but then I decided to get married and so I was a newly-wed too! 


Interesting,  I did the same thing.  LOL!

I don't recommend it either.  That's a ton of hard work.  I don't know how I did it.  It would kill me today...


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Offline andy58-in-nh

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"Millionaires" = small business owners who file their taxes as Subchapter "S" corporations. They are the engines of American job creation. They are the people who already pay the lion's share of taxes.

One day, they will decide to stop supporting their own destruction.
Liberalism isn't really about making the world a better place. It's about reassuring the elites that they are good people for wanting to rule over it.

Offline speekinout

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I'm totally against encouraging more young people to borrow huge sums for a college degree. Too many of them incur enormous debt for a totally useless degree - many in the arts and social sciences aren't worth a whole lot. A degree in Feminist studies? Multiculturalism? Even political science? Those do not bring a return on investment. If the parents won't foot the bill, the student should get a job and go part time as they can afford to pay.

Students in STEM courses will no doubt earn enough to pay back the loans, and they won't need this help.

It's a waste of money, and I don't even like wasting millionaires' money. I'd rather they used it giving someone a job.

Online Oceander

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The talking point should be dissected/taken apart, and critiqued on its specifics.  For example, what "loopholes" did the Thief-in-Chief refer to?  A democrat's loophole is generally anyone else's reasonable, legitimate tax deduction.

Online Oceander

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That being said, there have been, from time to time, provisions in the tax code that were really just unjustifiable sops to the wealthy, such as the extension (at one point) of expensing rather than depreciating of the purchase of small aircraft - something that only the rich can engage in.  I knew someone - who used to advise wealthy clients on things of this nature - who called it the "No Millionaire Left Behind" law.
« Last Edit: June 09, 2014, 03:15:14 PM by Oceander »


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