Killer Mike breaks it down (loan, transfer, high schools)

[aslowdodge]

Originally Posted by arjay57

Maybe we should tap into some of these pro athletes and entertainers, too. You could pay for a lot of student loans with that money.

Again telling other people they should pay for others.
It would be no different than me saying arjay should pay for it because he has more money than the students.

[arjay57]

Originally Posted by aslowdodge

Again telling other people they should pay for others.
It would be no different than me saying arjay should pay for it because he has more money than the students.

I'm just saying that if we're going to give free student loans we can't stick the cost on the Little Man. He's already up against the wall.

[DreamerD]

Originally Posted by ATLUTD

They do have skin in the game -- they are getting free education out of it.

I don't see why I should be paying for it when Mr. Bezos is earning $10 billion a year pressing 3 buttons on his ETrade account and only using a tiny fraction of his earnings every year. I need the expendable money a lot more than he seems to.

Do you earn 7 figures a year? Why do you care if I tax Arthur Blank hard? Ronald Reagan was trash and I have no shame in calling him the worst President of all time for his egregiously awful (and honestly, maybe not explicitly but implicitly racist in effect) tax cut policies.

Originally Posted by Gulch

You’re right. In fact, I’d take it a step further and enact a 90% income tax on any earnings over $100,000/year. Since that’s probably the only way we could actually afford to do this and the GND.

Originally Posted by aslowdodge

The problem is you want to have someone else pay for it. Mr bezos didn’t always have that much money. He built up A business. You should do the same, not ask others to pay for your way.
How do you figure everyone has skin in the game? Plenty of people aren’t getting a free education as you say.

Originally Posted by aslowdodge

Again telling other people they should pay for others.
It would be no different than me saying arjay should pay for it because he has more money than the students.

Originally Posted by arjay57

I'm just saying that if we're going to give free student loans we can't stick the cost on the Little Man. He's already up against the wall.

1) I want to add to that the whole War on Drugs that was launched by the religious right and the inhumane, unjust effects on black, brown (but mostly black) people.

2) I don't think that this is the argument ATLUTD is making.

3) Just like we're paying for over a trillion in tax cuts for the 1%? I never hear that argument applied when it's to benefit the most wealthy in our society.

4) I don't believe this is what ATLUTD is saying at all.

5) I don't understand why you all think that ATLUTD is saying the middle class should pay for this. The person has not indicated this and has actually indicated the most wealthy in the US should bear the burden.

[arjay57]

Originally Posted by DreamerD

1)
5) I don't understand why you all think that ATLUTD is saying the middle class should pay for this. The person has not indicated this and has actually indicated the most wealthy in the US should bear the burden.

I didn't say that. What I said was that if we're going to do free college loans then the top income people need to pay for it. The little man simply can't handle anymore.

[DreamerD]

Originally Posted by arjay57

I didn't say that. What I said was that if we're going to do free college loans then the top income people need to pay for it. The little man simply can't handle anymore.

My mistake then. And you'd be right.

[aslowdodge]

Originally Posted by arjay57

I'm just saying that if we're going to give free student loans we can't stick the cost on the Little Man. He's already up against the wall.

I understand where you are coming from, but the little man is all relative. Where is the line drawn on who should pay for others? Is it a billionaire? Millionaire? Plenty of millionaires only make 50K a year but scrimped and saved. Should we take money from them?

[Otakumaster]

Originally Posted by aslowdodge

I understand where you are coming from, but the little man is all relative. Where is the line drawn on who should pay for others? Is it a billionaire? Millionaire? Plenty of millionaires only make 50K a year but scrimped and saved. Should we take money from them?

This is dishonest.

There is a difference between someone saving a million dollars over their lifetime versus someone earning that much in weeks/months in capital gains and trading.

The latter is paying a lower tax rate than anyone with a salary.

If your money comes from a W2 your tax rate is higher than Jeff Benzos.

[aslowdodge]

Originally Posted by Otakumaster

This is dishonest.

There is a difference between someone saving a million dollars over their lifetime versus someone earning that much in weeks/months in capital gains and trading.

The latter is paying a lower tax rate than anyone with a salary.

If your money comes from a W2 your tax rate is higher than Jeff Benzos.

It is not dishonest so stop trying to make it more than it is to make your point.
Why don’t you look up the definition of the word and stop trying to use it to disparage someone else’s post.
No one specified the bar for those considered to be rich and thAt was the point I was trying to make. People just say take from the wealthy, but wealthy is in the eyes of the beholder.
Just to be clear, there are people in areas with net worth of 2 to 3 million that only made median pay.

[ronricks]

Originally Posted by aslowdodge

It is not dishonest so stop trying to make it more than it is to make your point.
Why don’t you look up the definition of the word and stop trying to use it to disparage someone else’s post.
No one specified the bar for those considered to be rich and thAt was the point I was trying to make. People just say take from the wealthy, but wealthy is in the eyes of the beholder.
Just to be clear, there are people in areas with net worth of 2 to 3 million that only made median pay.

It's not how much you make it is how much you save and how you get that money working for you in investment vehicles like a 401k, Roth, stocks, bonds, high yield saving accounts. You can work at McDonald's and have a 401k. Some people choose to save money and others choose to spend it on frivolous stuff. Not going to say either group is wrong but just don't come to me wanting my money because you didn't prepare responsibly for retirement. For a lot of people it can be one or the other and not both. If you want to live high on the hog when you are young and not have any savings I say more power to you. Some people would rather have a comfortable retirement.

[aslowdodge]

Originally Posted by ronricks

It's not how much you make it is how much you save and how you get that money working for you in investment vehicles like a 401k, Roth, stocks, bonds, high yield saving accounts. You can work at McDonald's and have a 401k. Some people choose to save money and others choose to spend it on frivolous stuff. Not going to say either group is wrong but just don't come to me wanting my money because you didn't prepare responsibly for retirement. For a lot of people it can be one or the other and not both. If you want to live high on the hog when you are young and not have any savings I say more power to you. Some people would rather have a comfortable retirement.

I agree. My thought is if you earn it, no one should tell you that you must give it to someone else that didn’t earn it.