4 ms·
That's a naive view of how taxes work. It's a big pool that they divide up to fund a zillion different things. Deciding to fund college educations via student l
by coldpie 3y ago
That's a naive view of how taxes work. It's a big pool that they divide up to fund a zillion different things. Deciding to fund college educations via student loan forgiveness doesn't necessarily mean a raise in tax rates, they can also accomplish it by shifting funding around. Taxes have been either stable or decreasing for decades[1].
It's also worth recognizing that education benefits _everyone_ in society, not only the person being educated.
[1] "Taxes" are hard to quantify, but here's a look at federal income taxes specifically through 2018. Notice that most columns trend to a decrease. https://www.taxpolicycenter.org/statistics/historical-average-federal-tax-rates-all-households https://www.taxpolicycenter.org/statistics/historical-averag...