Welcome to the Hardcore Husky Forums. Folks who are well-known in Cyberland and not that dumb.
$10K?
Comments
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Do NOT worry about the bailout cost people. Joey’s AA lead propagandist says that it’s all paid for because of the work Joey has done to strengthen the economy.
They know their voters are idiots. All 81M. Allegedly. -
Bitter much, @MelloDawg ?hardhat said:
Do you know who forgives all debts?MikeDamone said:$10k in debt forgiveness and $7500 give a new EV. What a cool week for the rich,man.
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I guess there was a provision in the 2021 covid bill that any loans written off would be a tax free event until 2026
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PurpleThrobber said:
Loan forgiveness is taxable income.
Way to pump up the revenue, Cho Bai Den - so now the saps who weren't paying their student loans any way now have to come up with the $$$$ to pay the IRS instead.
Until that gets waived/cancelled as well -
If you make $59.99 per hour (or less) you qualify for the loan cancellation
However if you make $60.00 no soup for you.
We understand this a buying of votes, but on twitter people are celebrating this like it's the best idea ever b/c of all the perks evil businessman and "the rich" get, so that makes it okay.
Half a trillion is not trivial, and anyone who believes this is a one time deal is delusional.
Why would anyone pay another dime on their student loans from this point forward (answer is they won't) so as article above states in 5 years the overall amount will be back to where it is today.
This just allows college to continue raising tuition other rates at a far faster rate than inflation or income as they have the ultimate backstop of getting paid. US Govt
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It was in the 2021 covid billgodawgst said:PurpleThrobber said:Loan forgiveness is taxable income.
Way to pump up the revenue, Cho Bai Den - so now the saps who weren't paying their student loans any way now have to come up with the $$$$ to pay the IRS instead.
Until that gets waived/cancelled as well -
The Federal government and congress is the entire problem, but it's solvable without their input.
28 states have signed onto calling for a convention of states to propose a balanced budget amendment to the constitution. Get to 34 and it must be called for a vote. This is really the only way to get the Federal government and congress under control.
Notice which states aren't on the map and blame their legislatures for the out of control spending of congress.
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BidenBros excited as fuck! -
I'm alright with it, and no, I have no student loan debt, and only like $200 of c.c. debt. Tuition used to be reasonable. Then 20 years ago, it started to become ridiculous.
