Off-Topic: You misunderstand and you are wrong
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Name:
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MartiniMan
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Subject:
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You misunderstand and you are wrong
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Date:
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8/25/2022 8:25:33 AM (updated 8/25/2022 8:34:57 AM)
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On the former, everyone that pays Federal taxes will be paying for this bovine excrement....including the plumber regardless of what he makes. The income limit you mention is for those asking for the payola, not who's paying for it. Put another way, the guy or gal that skipped college and wento work is now being asked to pay the student debt of rich kids......and the $125K limit doesn't apply to their parents. So some kid takes on $100K debt to get a degree in gender studies isn't going to be making more than $125K per year....those will only be the smart kids that chose a degree program that paid well when they graduated. How happy are they going to be to paying for the debts of others, not to mention those that were responsible and paid off their student loan debt? Not very and rightly so.
As for your second point, I assume you are talking about PPP, right? You do realize that every singly penny of that money was used to pay mostly for salaries of employees that might have otherwise have lost their job because the govt foolishly shut down the economy in response to the plandemic. Hardly the same situation as someone voluntarily taking on huge amounts of debt to obtain a nearly worthless degree. A non sequitar argument at best which is why Dementia Joe made it and you repeated it like a mindless drone. And just to remind you, of that million dollars probably at least 40% and as much as 50% goes back to the government in the form of income and payroll taxes. Like EV car companies hiking the price of their cars by the subsidy, colleges will raise tuition to suck up all that new money.
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