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According CBO Biden's Student Debt cancellation will cost taxpayers $400B over 30 years...
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Sep 28, 2022 19:44:22   #
billlingle
 
Turtle keeper wrote:
Typical Democrat response. No one ever paid their student loans back during the 60s, 70’s and 80s. Or at least very few. The banks would charge the loan off and the Government would pay the banks and never get the money back. I’ve known a number of people including 1 medical doctor multiple lawyers that just laughed about paying the loans. News for you the Government does not “generate” income.
Had to add this. Just because loans are REDUCED doesn’t mean anyone will buy a new home or anything else with the few dollars in loan forgiveness. If you check these same people don’t want to own homes or have children. They prefer dogs and cats and traveling to far away places. I’ve seen to many studies about it. So stop with the typical Democrat answer. Democrats believe that a small increase in taxes like $1000 a year is ok. But a Huge decrease in taxes of $300.00 a year is not good.
Typical Democrat response. No one ever paid their... (show quote)


I have never heard of anyone laughing and walking away from a student loan. If fact of I know of a young man who was k**led in an accident and had the government come after his parents. No one is talking about a $1,000 increase to someone's taxes. We're talking about taxing capital gains as income and about the reclassification of other fund sources that have heretofore been classified other than income. In my example of Mitt Romney his 13% on $22M was $2.86M. If he were to simply to use the same formula as I had to use his 13% would become 28% or $6.16M - a bit more than $1,000. In the same light a tax discount of $300 for a guy making $30K is a windfall. Your characterization of a Democrat who would benefit from a realignment of the tax code is hilarious. Is Fat Donny the Loser still president in that alternative universe?

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Sep 28, 2022 20:10:31   #
American Vet
 
billlingle wrote:
If the members of the 1% are forced to pay their fair share in taxes.


I frequently hear the leftoids talk about "their fair share" - but none seem to know exactly what that is.

Do you?

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Sep 29, 2022 16:35:17   #
billlingle
 
American Vet wrote:
I frequently hear the leftoids talk about "their fair share" - but none seem to know exactly what that is.

Do you?




Their fair share would be their actual incomes including capital gains and prior to the application of the various deferrals, deflections or other "tools", like the carried interest tax provision, that their expensive legislators have arranged for them and then applying the same percentages to those numbers as are applied to the numbers that you and I have to report. That would be a great step in the right direction.

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Sep 29, 2022 18:11:19   #
American Vet
 
billlingle wrote:
Their fair share would be their actual incomes including capital gains and prior to the application of the various deferrals, deflections or other "tools", like the carried interest tax provision, that their expensive legislators have arranged for them and then applying the same percentages to those numbers as are applied to the numbers that you and I have to report. That would be a great step in the right direction.


Ah - so you are saying it is up to the "legislators" (as in Senators and Representatives) in Congress to address the issue via legislation?

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Sep 29, 2022 18:18:22   #
Oscar louks
 
proud republican wrote:
https://www.upi.com/Top_News/US/2022/09/27/Biden-student-debt-plan-costs/2141664262015/


Thirty years ago I did not go because I could not afford payments for years. Now I have to pay for you socialist wanna-bes

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Sep 30, 2022 14:53:45   #
billlingle
 
American Vet wrote:
Ah - so you are saying it is up to the "legislators" (as in Senators and Representatives) in Congress to address the issue via legislation?



That seems to be the appropriate course unless, of course, you have serious indications that the wealthiest 1% are standing in line to pay on a voluntary basis.

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Sep 30, 2022 14:55:23   #
billlingle
 
Oscar louks wrote:
Thirty years ago I did not go because I could not afford payments for years. Now I have to pay for you socialist wanna-bes


Based on what you've just said, it is obvious that you didn't go. There are also indications that you just might not have had the chops.

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Sep 30, 2022 14:57:01   #
American Vet
 
billlingle wrote:
That seems to be the appropriate course unless, of course, you have serious indications that the wealthiest 1% are standing in line to pay on a voluntary basis.


So the blame falls squarely on the legislature. Who now controls the Senate, the House, and - of course - the Presidency?

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Sep 30, 2022 16:32:39   #
billlingle
 
American Vet wrote:
So the blame falls squarely on the legislature. Who now controls the Senate, the House, and - of course - the Presidency?



I***t! The laws that are in place that insure that the tax advantages fall to the wealthy and powerful were not put into place since January 20 of 2021. They've been in place for decades. Given the right wing love of "no taxes for the rich" along with the filibuster and you have the reason that the Dems have been unable to make the changes needed to begin to make the tax code more equitable.

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Sep 30, 2022 16:36:26   #
American Vet
 
billlingle wrote:
I***t! The laws that are in place that insure that the tax advantages fall to the wealthy and powerful were not put into place since January 20 of 2021. They've been in place for decades.


Why then don't the democrats fix the laws? Why didn't obama fix the laws when the democrats controlled both Houses and the Presidency?

Given the right wing love of "no taxes for the rich" along with the filibuster and you have the reason that the Dems have been unable to make the changes needed to begin to make the tax code more equitable.

So the democrats haven't tried? Looks like that would be a pretty potent political weapon to use.

Or might it be the democrats do not want their funding to dry up?

Here are some Democrat companies and their senior employees that give to Democrats.
1. Time Warner
2. DreamWorks
3. Saban Capital Group
4. Walt Disney
5. Paul, Weiss, Rifkind, Wharton & Garrison
6. Apple
7. Centerbridge Partners
8. AECOM
9. Zumiez
10. Kaiser Foundation Group
11. Latham & Watkins )
12. Bloomberg LP (CFR Score = 68)
13. Manchester United
14. Aramark
15. Harbor Freight Tools
16. Sony
17. Netflix
18. Arnold & Porter
19. Salesforce.com
20. Quinn Emanuel Urquhart & Sullivan
21. Emerson Collective
22. Cleary Gottlieb Steen & Hamilton
23. Schulte, Roth & Zabel
24. Paul Hastings
25. Nimeks Organics

Here Are The Billionaires Who Funded The Democratic P**********l Candidates
https://www.forbes.com/sites/michelatindera/2019/11/18/here-are-the-billionaires-funding-the-democratic-p**********l-candidates-as-of-september-2019/?sh=256bf7e5b5e0

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Sep 30, 2022 16:38:57   #
proud republican Loc: RED CALIFORNIA
 
American Vet wrote:
Why then don't the democrats fix the laws? Why didn't obama fix the laws when the democrats controlled both Houses and the Presidency?


Exactly!!...👍

Reply
 
 
Oct 3, 2022 15:07:58   #
billlingle
 
American Vet wrote:
Why then don't the democrats fix the laws? Why didn't obama fix the laws when the democrats controlled both Houses and the Presidency?

Given the right wing love of "no taxes for the rich" along with the filibuster and you have the reason that the Dems have been unable to make the changes needed to begin to make the tax code more equitable.

So the democrats haven't tried? Looks like that would be a pretty potent political weapon to use.

Or might it be the democrats do not want their funding to dry up?

Here are some Democrat companies and their senior employees that give to Democrats.
1. Time Warner
2. DreamWorks
3. Saban Capital Group
4. Walt Disney
5. Paul, Weiss, Rifkind, Wharton & Garrison
6. Apple
7. Centerbridge Partners
8. AECOM
9. Zumiez
10. Kaiser Foundation Group
11. Latham & Watkins )
12. Bloomberg LP (CFR Score = 68)
13. Manchester United
14. Aramark
15. Harbor Freight Tools
16. Sony
17. Netflix
18. Arnold & Porter
19. Salesforce.com
20. Quinn Emanuel Urquhart & Sullivan
21. Emerson Collective
22. Cleary Gottlieb Steen & Hamilton
23. Schulte, Roth & Zabel
24. Paul Hastings
25. Nimeks Organics

Here Are The Billionaires Who Funded The Democratic P**********l Candidates
https://www.forbes.com/sites/michelatindera/2019/11/18/here-are-the-billionaires-funding-the-democratic-p**********l-candidates-as-of-september-2019/?sh=256bf7e5b5e0
Why then don't the democrats fix the laws? Why did... (show quote)



You are politically quite naive. Every company that you listed as giving to the Dems also gives to the reactionary right wing. That's called hedging your bet and making sure that you can remind whoever wings that you supported them. That includes billionaires.
You knowledge of history is a bit remiss as well. The Dems have not been able to alter those tax law due to the filibuster and also due to the fact that all the Dems in the Senate are not in lockstep on every issue. The number of things that Biden et al have passed that no one else has been able to do are impressive and will increase after November when we have the 50 Senatorial v**es that we need.

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Oct 3, 2022 16:18:05   #
American Vet
 
billlingle wrote:
You are politically quite naive. Every company that you listed as giving to the Dems also gives to the reactionary right wing. That's called hedging your bet and making sure that you can remind whoever wings that you supported them. That includes billionaires.
You knowledge of history is a bit remiss as well. The Dems have not been able to alter those tax law due to the filibuster and also due to the fact that all the Dems in the Senate are not in lockstep on every issue. The number of things that Biden et al have passed that no one else has been able to do are impressive and will increase after November when we have the 50 Senatorial v**es that we need.
You are politically quite naive. Every company th... (show quote)


Not naive at all. Simply pointing out problems with the whole system. Republicans and extreme l*****ts (democrats) - but you are a bit biased and want to blame Republicans - then turn right around a say some democrats are 'not in lockstep'.

"The Dems have not been able to alter those tax law due to the filibuster and also due to the fact that all the Dems in the Senate are not in lockstep on every issue"

As far as the filibuster - you are a bit naive - what better weapon could the democrats have than pointing out Republicans don't want to change 'big, bad corporate tax laws'? Except, of course, the 'big bad corporations' might quite sending their dollars to the extreme l*****ts (democrats).

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Oct 3, 2022 18:56:56   #
billlingle
 
Nice try but the premise was that all the companies that you listed are supporting Dems over the poor, down trodden right wingers and their Jesus substitute, Fat Donny the Loser and making their "struggle" even more oppressive. You sure backed off of that ruse quickly.

The right winger's reason to live, tax cuts for the wealthy and v**er suppression, is not a weapon to be used against them it is a simple fact of life that is eating away at the heart of the right wing all by itself. The right wingers are so out of touch that they don't recognize that the American public prefers at least a semblance of e******y in tax structure and they like to v**e. Their other "top priorities" that are laughably stupid and that will be the cause of them losing millions of v**es is their failure to realize that women really do care about their reproductive health and freedom and that the American people have a great fondness for their freedom to use birth control and that they don't care if interracial couples as well as same-sex couples want to marry. The only ones who "care" about those things are those who are morally depleted and self isolated from humanity and reality. They are the last guys that anyone with a brain would want in a position of authority.

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Oct 3, 2022 19:24:50   #
American Vet
 
billlingle wrote:
Nice try but the premise was that all the companies that you listed are supporting Dems over the poor, down trodden right wingers and their Jesus substitute, Fat Donny the Loser and making their "struggle" even more oppressive. You sure backed off of that ruse quickly.

The right winger's reason to live, tax cuts for the wealthy and v**er suppression, is not a weapon to be used against them it is a simple fact of life that is eating away at the heart of the right wing all by itself. The right wingers are so out of touch that they don't recognize that the American public prefers at least a semblance of e******y in tax structure and they like to v**e. Their other "top priorities" that are laughably stupid and that will be the cause of them losing millions of v**es is their failure to realize that women really do care about their reproductive health and freedom and that the American people have a great fondness for their freedom to use birth control and that they don't care if interracial couples as well as same-sex couples want to marry. The only ones who "care" about those things are those who are morally depleted and self isolated from humanity and reality. They are the last guys that anyone with a brain would want in a position of authority.
Nice try but the premise was that all the companie... (show quote)


My goodness - that’s quite an ELWNJ rant. Full of left wing talking points but short on substance.

Tax cuts for the wealthy and v**er suppression - ROTFLMAO - the only thing missing is calling Conservatives ‘r****ts’.

While you were typing all of that, did any of the foam fall on the keyboard?

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