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And you’d be a sucker for not taking tax credits the government has legally granted you. It’s the governments fault for making terrible loans and forcing taxpa
by rank0 4y ago
And you’d be a sucker for not taking tax credits the government has legally granted you.
It’s the governments fault for making terrible loans and forcing taxpayers to absorb the risk. Don’t be mad at people for receiving…be mad the government is offering!
- whimsicalism 4y agoMy partner and I make $420k gross. it's ridiculous the government is offering us another $20k because we graduated school in the last 2 years. still going to take it, of course, but simply bad policy.
- ceejayoz 4y agoMaking $420k with student loans is a pretty clear edge case, and we often find that trying to means-test these sorts of things winds up making things worse, not better.
- whimsicalism 4y agoI find the arguments against means-testing less compelling for one time transfers. Large income and large student loans is actually very typical for early-career doctors and many other professionals who have very high expected lifetime income. FWIW, this transfer was means tested - it's just that they consider the lesser of 2021 & 2020 income and we were in school in 2020.
- rank0 4y ago100% agree. Our government needs to start being fiscally responsible. We cannot sustain our current levels of debt forever…