I think only 0.00004% of Americans have a private jet. There are about 15,000 private jets in the US - each one costs from $2,000,000 to $100,000,000 dollars and they can deduct the full cost.
And about 0.0017% have a yacht - which is also allowed a tax deduction up to $500,000.
What % of Americans didn’t get PPP loans? Why should American taxpayers who didn’t get any of those loans have their tax $ used that way? I bet the % of members of Congress that got those “free” loans is greater than the % of average Americans that got those loans.
Those 87% aren't paying those predatory loans in the first place and won't be covering that forgiveness for students loans.
However asshole, we do cover because the top 1% are too fucking cheap to pay their fair share!
Lord ..right trash magats are brain dead stupid!
1/3 of the states take more out of the federal budget than they put in. Why should blue states have to subsidize red states (not all, but most on each side of that equation)?
First, reject the premise. The taxpayer doesn't subsidize student borrowers.
Second, answer in the affirmative: we fund education because that pays for itself over time, and squandering human potential is waayyy more expensive than funding its education
The only reason I didn’t end up with massive student loans was a boat load of privilege that came alongside some luck and hard work. Students just a few years behind me had a completely different loan scenario/market. There but for the grace of God go I… so I’m happy to help.
Both are wrong and unfair.
College price has gone up approx 5000% in 25 years.
Why?
Professors aren't making 5000%+ more.
They have less kids going today, why?
Looks like collusion to me.
Malcom Gladwell's Georgetown Massacre, worth listening to: https://youtu.be/w0ZQ3i9hzzA?si=44rM_ZOtiMC0gpM_
Tell these morons to do some math...if they can...
7% student loan for 120k from a High end law school...
In deferment due to working for the government for 5 years, capitalized 80k...
Navient steers me to do nothing, now paying back after tax at 42%. Im a human piggy bank.
There's no incentive
If you take a look on Nehls "career" it becomes obvious that he was never much one of the "grifters" who "leeched" the US education systems (with exception of the Army which should have ejected him with a dishonorable discharge).
Those same 99% also do not play golf & shouldn’t be paying for his games at his own golf courses, especially when that goes straight into his own pocket.
Exactly! Or for him to go to the super bowl, Nascar events, or throw a parade for his birthday that would cost over 100 million dollars. But supposedly our country is broke 🤷
Also the people who take out student loans to be able to afford advanced degrees that help the public, absolutely deserve loan forgiveness. Teachers? Doctors? We need more of them and we should support their career advancement bc it does benefit us all.
First of all, taxpayers are not footing the bill for anybody’s private jet, except maybe Nancy Pelosi‘s. But Americans are footing the bill for the snowflake students who were stupid enough to go to these liberal universities and pay those outrageous tuition loan fees.
One this helps society as a whole; the other helps an individual.
Going to go with forgiving student loans; an educated society is a prosperous society. Also, unlike indiscriminate tariffs, it would stimulate the economy as millions of Americans would have a surplus of expendable income.
That's exactly the handbook on how Republicans "work."
Republicans always remind me of that punk band's name:
Me First And The Gimme Gimme's. (Who are, BTW, a cool band!)🤷♂️
Nation wide anti-Trump demonstrations planned for April 19 in all 50 states; 50501 is organizing another nationwide demonstration on April 19th. 50501 movement check for a location near you! Pass the word! show up and turn out for your future! April 19 let’s roll!
👏👏 It also doesn’t do anything for the economy or society to give tax breaks for private jets. Helping people get an education or helping them pay off an education DOES benefit society, by filling critical roles and allowing people to spend more money in the economy!
Funding the education of our young people is an investment in our country. Our children shouldn't have the distraction of worrying about paying back student loans for the rest of their lives. Private jets, not so much. They could all fall out of the sky for all I care.
You got that right! And ... The benefits to society of more educated people beats out the benefits of a couple people owning private jets...Just sayin!
BTW, full disclosure, I'm a teacher! Always!
But if you allow the average American to be educated, they won’t vote for the malignant frauds who make the rich richer. So they have a vested interest in dumbing down our population.
We need Farmers. We don't want to lose small farmers. Why don't they realize Republicans will eventually stop bailing them out and buy up their land cheaply for large conglomerates.
Also - NO ONE IS FOOTING A BILL FOR STUDENT LOAN FORGIVENESS!! IT DOESN’T COST TAXPAYERS A SINGLE DIME!!! These people have overpaid loan sharks many, many times the NORMAL interest on a loan.
1964–66 I took college classes in night school at our local community college. $5 a credit hour—$15 a semester course. Paid for it out of my minimum wages. 1970s–80s my employer paid most of my bachelor's & masters. 1990s, employer paid not-insignificant portion of doctorate.
NOT SAME SITUATION NOW.
43 Million Americans have used Student Loans and 80 Million have used Pell Grants, however, as Pell grants have not kept up with inflation, more moderate and low income Students have to use Loans.
College was practically free in CA
the brith of the Silicon Valley began with the electrical engineers who paid less then $15 Semester for their degrees
Before there were computer engineers there were electrical engineers coming out of Cal State San Jose debt free
American government should focus on educating Americans, not making money off of them. Greed and ignorance has never been a good look for America. Especially, in our White House.
Folks only think about how taxes affect them not what their purpose is, The Gov't Budget this year will be around $6.75 T (Money into Economy) Tax pulls Money out of the Economy so new "Gov't Spending" can be issued without having too much Currency in the Economy #MMT https://www.youtube.com/watch?si=9zHonbxKn0ICS2o8&v=yofpo88ipmo&feature=youtu.be
Wow, talk about two Idiots arguing, both with the Wrong Answer. Federal Taxes "Pay For" Nothing. Federal Taxes are only to Pull Money from the Economy so the next round of Gov't Spending won't eventually be Inflationary. #TheFed #FederalTaxes #MMT https://www.youtube.com/watch?v=tEiNLmg2tYA
If People's "Taxes" would be paying off Cancelled Student Loan Debt then they are also paying off Reese Witherspoon's cancelled $1 Million PPP Loan, she is worth $1.2 Billion, you would think they would be a little upset about that. #CancelStudentDebt #Neoliberalism #GeneralStike
When the Fed bought back the failed T~Bonds of SVB, a Bank for Mega Millionaires to leverage low interest Loans to the tune of $330 Billion, they just said this Debt no longer exists, Same with Reese Ws' $1 Million PPP Loan. College Student Debt is the same God Damned thing. #MMT #Capitalism
We always have to bail EVERYONE out, including corporations & wealthy Republican congressional members. HOW MANY of them got their covid loans forgiven? But forgiving student loans because I wanted an education & worked a lifetime in public service for these ghouls?? OH NO, THAT'S A BRIDGE TOO FAR.
Not to mention the fact that most of the people who get their loans forgiven have been paying on them for 10 to 20 years… And have probably at least paid off the principal… The interest is insane
Why should we be forced to pay the found golf bill? He owns a damn golf course and we still gotta pay $26 million or more by now since you’ve been playing golf.
Educated citizens contribute to a better world for all of us to live in. Education should be free for everyone. It is a keystone to our advancement as a species.
Nehls is a bloody fool for trying that stupid argument.
There are many tax deductions that the super wealthy can claim that the ordinary American taxpayer cannot.
“By one estimate, simply collecting unpaid federal income taxes from the top 1 percent of households would bring in some $175 billion a year. We could just about fill the entire poverty gap in America if the richest among us simply paid all the taxes they owed.” -Matthew Desmond, Poverty by America
When the Fed bought back the failed T~Bonds of SVB, a Bank for Mega Millionaires to leverage low interest Loans to the tune of $330 Billion, they just said this Debt no longer exists, Same with Reese Ws' $1 Million PPP Loan. College Student Debt is the same God Damned thing. #MMT #CancelStudentDebt
Wrong. Wow, talk about two Idiots arguing, both with the Wrong Answer. Federal Taxes "Pay For" Nothing. Federal Taxes are only to Pull Money from the Economy so the next round of Gov't Spending won't eventually be Inflationary https://youtu.be/tEiNLmg2tYA?si=YnNmdURWgS-0w1Di
Of course the Internal Revenue staff establishment has been gutted by this cabal to prevent the collection of these UNPAID taxes. It should be MUCH more after their windfall profits from market manipulation.
A "cabal" refers to a small group of people who secretly plot or conspire, often for political or other nefarious purposes, and can also refer to the intrigues or schemes of such a group. Sounds about right for this circle of traitors.
“The poorest families receive an average of $26,000 a year from the government whereas the top richest families get $36,000 a year from the government. Collecting unpaid federal income taxes from the top 1 percent of households would bring in some $175 billion a year.” - Matthew Desmond
That was a good answer from Martin, but why do we never see Democrats respond to stupid questions from Republicans like Nehls by saying the people getting their student loans forgiven are people who have already paid off the principle? No taxpayer is being taken advantage of by this.
I never needed a student loan but they got stuck with too much interest & I don't mind a bit helping, especially if they have been paying it off a while.
Thank you for this. As a millennial who attended college in an era where it was literally impossible to work enough hours at minimum wage to pay for school (let alone food/rent), I had no choice but student loans. I appreciate my fellow citizens who supported me via nonpredatory federal loans
99% of Billionaires are JERKS. Gee, I wonder why? Which came first the billions or the Meanness? It’s like the chicken or the egg? I think the meanness has to come first (for the most part). Nice people generally don’t become billionaires. When they get rich they become PHILANTHROPISTS. They help.
Support Congressman Al Green in his efforts to remove Trump.
Call his office and show him some love! Washington DC office: (202) 225 7508 & Houston office: (713) 383 9234
Rise up and remove him! https://www.youtube.com/watch?v=2xbr7bK6D5A&t=31s
Dictators/fascists change what is taught in schools.
They rewrite history to favor of their ideology.
They take over the media, the police, military & judiciary.
Trump's power lies in those who support him & weak DC Dem leaders who fear fighting back; they fear appearing on his media.
Pathetic
Two things can be true at the same time.
3 & 4 things can be true at the same time.
Do you include it in every posting?
That's would be Ridiculous.
As long as the GOP back Trump's actions & right wing medias bend over backwards to defend him, does America have a chance to survive as a Republic?
Teddy Roosevelt was a racist. He was born in 1858. He also got death threats after he invited Booker T. Washington, to dine with him and his family in the White House.
It doesn't change what he achieved.
Dems don't have any strong charismatic leaders today because perfection only exists on paper
Of course the top guy's argument is wrong because all of us pay for federal school loans anyway as part of the education department's budget passed by Congress.
Comments
And about 0.0017% have a yacht - which is also allowed a tax deduction up to $500,000.
Sheesh.
Good example
Godspeed, Mr. Martin
D: "Nor should student loans"
However asshole, we do cover because the top 1% are too fucking cheap to pay their fair share!
Lord ..right trash magats are brain dead stupid!
I hope you win!
✊🏼✊🏼✊🏼✊🏼✊🏼✊🏼
This is not how it works.
Second, answer in the affirmative: we fund education because that pays for itself over time, and squandering human potential is waayyy more expensive than funding its education
College price has gone up approx 5000% in 25 years.
Why?
Professors aren't making 5000%+ more.
They have less kids going today, why?
Looks like collusion to me.
Malcom Gladwell's Georgetown Massacre, worth listening to:
https://youtu.be/w0ZQ3i9hzzA?si=44rM_ZOtiMC0gpM_
7% student loan for 120k from a High end law school...
In deferment due to working for the government for 5 years, capitalized 80k...
Navient steers me to do nothing, now paying back after tax at 42%. Im a human piggy bank.
There's no incentive
https://en.wikipedia.org/wiki/Troy_Nehls
Fuck yes! 💥💥 👏🏼👏🏼
Sounds really stupid, right? Right?
MAGAt 'logic' at work. 😒
Not student loans? Right cause that would actually help a lot of young people.
Going to go with forgiving student loans; an educated society is a prosperous society. Also, unlike indiscriminate tariffs, it would stimulate the economy as millions of Americans would have a surplus of expendable income.
Because I have a vested interest in the quality of people around me. My life is better when their lives are better.
Republicans always remind me of that punk band's name:
Me First And The Gimme Gimme's. (Who are, BTW, a cool band!)🤷♂️
But how the F#$k are we better off paying for the write-offs for private jets?
BTW, full disclosure, I'm a teacher! Always!
No wonder America is fucked!
1000% this.
NOT SAME SITUATION NOW.
the brith of the Silicon Valley began with the electrical engineers who paid less then $15 Semester for their degrees
Before there were computer engineers there were electrical engineers coming out of Cal State San Jose debt free
Purchase essentials only and buy local when possible.
Avoid big retailers and cut ties with AMAZON, TESLA, META and WALMART.
@carlquintanilla.bsky.social
@petebuttigieg.bsky.social
@aoc.bsky.social
@sanders.senate.gov
Support local.
There are many tax deductions that the super wealthy can claim that the ordinary American taxpayer cannot.
A deep recession, a pandemic and debt from billionaire's tax cuts? No money to pass along or give to kids, grandkids.
The gov. needs to step in!
They want a subservient, enslaved society.
Say it louder for the folks who watch Faux Newz!
Call his office and show him some love! Washington DC office: (202) 225 7508 & Houston office: (713) 383 9234
Rise up and remove him! https://www.youtube.com/watch?v=2xbr7bK6D5A&t=31s
They rewrite history to favor of their ideology.
They take over the media, the police, military & judiciary.
Trump's power lies in those who support him & weak DC Dem leaders who fear fighting back; they fear appearing on his media.
Pathetic
Are you?
3 & 4 things can be true at the same time.
Do you include it in every posting?
That's would be Ridiculous.
As long as the GOP back Trump's actions & right wing medias bend over backwards to defend him, does America have a chance to survive as a Republic?
It doesn't change what he achieved.
Dems don't have any strong charismatic leaders today because perfection only exists on paper