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Everyone could get the same tax credit that is also itself taxed. Forgive the loans of people and get poor people crucial money. No one has said that to you?
by skinnymuch 3y ago
Everyone could get the same tax credit that is also itself taxed. Forgive the loans of people and get poor people crucial money.
No one has said that to you?
- endisneigh 3y agono because it is nonsensical. you still could give even more money to poor people if you didn't forgive the loans of college participants. what you are saying isn't really a response, it's an ambiguation of the issue.
- skinnymuch 3y agoWhat you’re saying doesn’t exclude my policy specifications. The end result is the same. Every person of age gets up to $X in the way of loan debt payoff and/or tax credits. The results will be filed in taxes. A progressive tax rate based on wealth can be up to 100% for this specific money. If this is still an ambiguation of the issue to you, I can clarify further.
- endisneigh 3y agoIt’s not progressive because you’re unnecessarily giving rich people money. Is it that hard to understand? No rich person will have 100% taxation, thus they have benefited unnecessarily from your scheme. Simply give poor money people exclusively.
- skinnymuch 3y agoThis concept is for a wealth tax and/or income tax (one would have to pass below both barriers to get the tax credit and/or loan repayment) that goes up to 100% for this specific money via specific avenues. You can’t hand wave away a policy proposal with “no rich person will have 100% taxation”. Since it’s a tax credit and it’s getting taxed immediately. Rich people won’t be getting the money. > Simply give poor money people exclusively. I guess we just have to disagree. I assume you’re too liberal? I come from a leftist perspective. For me policy, end results, class, and material changes are more important than liberal progressive mentality of a charity/welfare state of affairs. Also you stated no rich person pays 100% taxes yet you’re stating something that never happens too: poor people exclusively getting money.
- D13Fd 3y agoWhy not just give people money directly? Why should people who chose to take on debt get money when others don't? That is unfair.
- skinnymuch 3y agoEvery person of age gets up to $X in the way of loan debt payoff and/or tax credits. The results will be filed in taxes. A progressive tax rate based on wealth can be up to 100% for this specific money. What I am saying satisfies what you’re saying.