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This is the same OP that extols the virtues and constantly makes claims of how awesome it is to live in the middle of nowhere North Dakota yet lives near an urban center in AZ. A troll, but quite effective at getting people riled up nonetheless.
I'm fine with not having tax deductions for student loans that fund degrees in useless majors like liberal arts.
I'd have loved to major in creative writing, but that is not a useful major. So I chose a STEM major instead - and I'm glad I did.
If you're wealthy enough to major in things purely for enjoyment, then you don't need the tax deduction anyway.
This assumes that all Humanities majors are useless in the job market, which isn't true. In many cases, they're the foundations for graduate degrees (law, education, research).
The fact that you took 2 part time jobs instead of one full time job with benefits makes me doubt your judgement or education
Full time jobs generally don't offer the flexibility in time off to accommodate a college course schedule. And if they offer benefits, they usually require a college degree.
Doesn't mean he paid for that trip with student loans. Could be he comes from a well-off family.
He and the food stamp lady tour the country and have this conversation in check out lines everywhere, Perhaps they will come to your town and you can ask the student if he comes from a well off family.
"The standard deduction would nearly double, to $12,000 for individuals and $24,000 for married couples. Doing so is designed to increase the number of people who end up in a zero percent bracket. Personal exemptions are being eliminated and consolidated into the bigger standard deduction." Did you miss that part?
Did you miss this part
The current standard deduction for a married couple is $12,700 on top of that they get a $4,050 per person personal exemption which can be claimed on either a standard or an itemized return.
Let's see how that $24,000 looks when we examine the current deductions for various family sizes (and keep in mind the loss of several deductions, including that for student loans)
2017 Standard deduction
married couple = $20,800
married couple with one child = $24,850
married couple with two children = $28,900
married couple with three children =$32,950
All of which would be replaced with a flat $24,000
PS the zero percent bracket has been replaced in the Senate bill by a 10% tax that starts at the first dollar of taxable income
The goal of the upper crustacean Republicans is to exclude all but the proper people from college education. They want a cheap labor force available to replace the expensive industrial robots that are wearing out. The worn out robots was a joke but the cultural exclusivity was not. Having college available to most everyone has, with the exception of a few Ivy League places, greatly diminished the class exclusivity of America's nobility.
FWIW - The current variations on taxes are nothing but a pay back to the Republican political donors for their support for all these years. They are also a direct payback to Trump and his family for preventing Ms. Clinton from winning the election. It is also a punishment for the bottom feeders that were fool enough to believe Trump's campaign lies.
Thanks to 2sleepy I see this tax proposal is also designed to reduce multi child families as part of protecting the exclusivity of the top level thieves.
Trump got the majority of votes from those with college degrees.
Since our votes are supposed to be secret, tell us how you know that?
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