Democrat staffer making $80K a year brags about Biden cancelling his student debt

[martybegan]

Yes. The loan is owed to the government. In this case, the government is the lender.

Not everyone pays the same amount in taxes.

The government is the guarantor, not the lender.

I

 

[Marener]

Yes, we will. because it will increase government debt, and it's spending that was going to go to something else now going to the loan company to pay off the loan.

Nope. He paid more in taxes than the money he received so it doesn’t increase government debt. All that other spending increased government debt.

If we lower taxes and debt goes up, does the lower tax rate cause the government debt? Republicans have been saying it doesn’t for decades.

 

[Marener]

The government is the guarantor, not the lender.

I

Nope. The government is the lender. Has been since Obama signed a massive overhaul to the student loan process in 2010.

Obama Signs Student Loan Overhaul Legislation

President Obama today signed the "Health Care and Education Reconciliation Act of 2010," which entails sweeping changes to the student loan and Pell Grant system.

abcnews.go.com

 

[Winco]

In his world, a 'tax cut' is TAKING money from the government.

Why do right wing idiots making under 100K, always feel the need to protect the ultra RICH? Care to explain why a Billionaire can pay $750 in FIT, yet I have to pay over $30,000 in FIT.

If one cheats on his taxes or get HUGE tax breaks, then that means they are paying less, which in turn is TAKING money from the government.

How can you deny this simple FACT?

 

[Marener]

Do any conservatives here have a problem with people who took PPP loans not paying them back?

 

[SassyIrishLass]

Do any conservatives here have a problem with people who took PPP loans not paying them back?

Absolutely. Again, if you borrow money it's YOUR responsibility to pay it back, nobody else

 

[airplanemechanic]

Billionaires are quite wealthy. Therefore, they don't need tax breaks.

"Yea but" isn't an argument.

Again this thread is not about billionaires or tax breaks. It's about student loan forgiveness by the gov't. Can you keep on topic or are you going to constantly try to reroute the thread to talk about what YOU want to talk about?

 

[Marener]

Absolutely. Again, if you borrow money it's YOUR responsibility to pay it back, nobody else

Great. So why doesn’t anyone start a thread about Trump giving handouts to all these deadbeat small business owners?

 

[SassyIrishLass]

Great. So why doesn’t anyone start a thread about Trump giving handouts to all these deadbeat small business owners?

Start one. How's that?

 

[Marener]

Start one. How's that?

Already discussed. You said it’s “not the same”.

Not the same and you know it

 

[SassyIrishLass]

Already discussed. You said it’s “not the same”.

I have no idea what you're referring to. That's what happens when you cherry pick responses. You're becoming really annoying

 

[martybegan]

Nope. He paid more in taxes than the money he received so it doesn’t increase government debt. All that other spending increased government debt.

If we lower taxes and debt goes up, does the lower tax rate cause the government debt? Republicans have been saying it doesn’t for decades.

he would have paid those taxes anyway, and he would have paid the debt. Now the government paid the debt.

It's like you really don't have a clue how things actually work.

 

[airplanemechanic]

You said:

Great. So why doesn’t anyone start a thread about Trump giving handouts to all these deadbeat small business owners?

When asked to do just that you then reply:

Already discussed. You said it’s “not the same”.

You shot your own argument down, do you realize this?

 

[Marener]

he would have paid those taxes anyway, and he would have paid the debt. Now the government paid the debt.

It's like you really don't have a clue how things actually work.

He would have paid as much in taxes as the government says he pays.

This is absolutely no different than if the government gave him a $8k tax credit.

The money all goes to the same place. It’s totally fungible.

 

[marvin martian]

Do what to them?

Don't ask Synthaholic what he wants to do to billionaires (especially Trump). It will turn you off sex for the rest of your life.

 

[Marener]

I have no idea what you're referring to. That's what happens when you cherry pick responses. You're becoming really annoying

The quote provides you ample opportunity to review the context and explain your comment.

 

[martybegan]

Nope. The government is the lender. Has been since Obama signed a massive overhaul to the student loan process in 2010.

Obama Signs Student Loan Overhaul Legislation

President Obama today signed the "Health Care and Education Reconciliation Act of 2010," which entails sweeping changes to the student loan and Pell Grant system.

abcnews.go.com

Well that's just fucking dumb, taking on even MORE debt and turning assets into debt with this forgiveness.

Now they get to lose the interest, AND increase the interest on the debt.

This makes it worse, not better.

 

[martybegan]

He would have paid as much in taxes as the government says he pays.

This is absolutely no different than if the government gave him a $8k tax credit.

The money all goes to the same place. It’s totally fungible.

No, it isn't. Stop using a word you don't understand.

 

[Marener]

Well that's just fucking dumb, taking on even MORE debt and turning assets into debt with this forgiveness.

Now they get to lose the interest, AND increase the interest on the debt.

This makes it worse, not better.

Don’t like it? Tell Congress to change the legislation. Don’t take it out on citizens who benefit from it.

 

[Marener]

No, it isn't. Stop using a word you don't understand.

Why isn’t it?

I’ll give you some time on this one. Like usual, you have a conclusion that you need to warp reality to fit, so coming up with something that doesn’t make you look like a total fucking moron might be a challenge.