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Post Reply Hillary Tax and College
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Posted 9/28/16
Hopefully this wall is put up. Blame Canada.
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U.S.
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Posted 9/29/16 , edited 9/29/16
Don't mind me. I'm photoshopping my PhD and hang it on a nearest wall.

It sucks when you start a semester and your instructor says, "this class can be taught in 15 minutes. Oh, well. You guys are stuck with me for four months. Don't worry. I'll spread the lecture evenly throughout the semester. Thanks for your money.

By the way, this field of study is dying in a couple of years. So yes. I'm switching field. Don't mind me whipping out my own nursing books. I have upcoming tests this week. Teehee"
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23 / M / missouri
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Posted 9/29/16 , edited 9/29/16

Rujikin wrote:


henohenomoheiji wrote:

Is okie, he doesn't pay taxes anyways...


'Cus that makes him "smart" :3


LOL


Ya know I try to reduce how much I pay in taxes and increase my refund as much as possible. I can't really say I'm much different from him...

Can you?


I, however make less than 20k a year. Have no assets, other than my car, which technically is owned by my father. I do, however pay some tax granted its only about 4% federal. 615million even at 4% is twenty four million six hundred thousand. Ya, If he can't afford to pay at least the same amount of tax by percent as me, then he doesn't deserve to be president.
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23 / M / missouri
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Posted 9/29/16

lawdog wrote:

Before you get all excited about the government paying your tuition, look into who's running the tuition loan programs now.


You mean my federal student loan insured by the federal government isn't a loan program ran by the federal government. They got me. Those people at Great Lakes and there Department of Education sticker. (Heavy on the sarcasm very Heavy)
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M / H.I.
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Posted 9/29/16
The only tuition I'll gladly pay for (and do in an indirect way) is the various versions of the GI Bill for anyone serving in the US military. Least I could do for their service.

Check out this old but still interesting article about Europe's "free colleges." Tuition free doesn't mean 100% free.

http://qz.com/85017/college-in-sweden-is-free-but-students-still-have-a-ton-of-debt-how-can-that-be/
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Posted 9/29/16
There are a slew of problems with "Free" college and it isn't free nor is it cheaper and from the one country I have looked into(almost moved there long term for a job) with free college(Sweden). and I can say concretely IF I lived in Sweden I would be paying ALOT more over time(would get more expensive after about 8 years of working there) for college than I would here in the US, it just wouldn't be all at once.

Lets assume tuition is 50,000 (for all expenses books, tuition, housing) dollars and that you make 50,000 dollars a year post graduation in either scenario(for ease of math and a low salary has a better chance of making the free college worth it)

So in the US you take out a loan for 50k and start paying it off typically around the time you graduate.

In Sweden you pay taxes and get the college for free, and while technically you have to pay for the rest lets assume you get that too to make math easier.

Now the difference in taxes between Sweeden and the US is that in the U.S. you would be paying Federal tax rate of 25%(http://taxfoundation.org/article/2016-tax-brackets) so you would be taking home 37,500 a year with which to meet current expenses and pay off loan (lets assume a 96 month payment plan(at 3% annual interest which is probably low) of ~646 per month) which reduces your take home pay to just under 30k per year for other expenses

in Sweden tax rate is 57%(http://www.tradingeconomics.com/sweden/personal-income-tax-rate)
so 50000 per year becomes 21500 and about half of that difference in tax is there higher education programs and subsidies so your looking at paying 8k per year for the rest of your working life for your "free" college.

Additionally 50000 is really low for a post graduation job salary, and making more than that INCREASES the amount you pay for your "Free" college whereas in the US having extra money to throw at your debt earlier decreases the amount you wind up paying overall. but overall in both these scenarios you are going to wind up paying 8k per year for your college it is just that in one of them there is a clear stopping point.




TLDR on that the difference in taxes needed to pay for the "free" college is so high that its really not worth it even at current rates.
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Posted 9/29/16
Now the next thing is what is driving tuition up in US colleges so much.

Honestly its the fact that the government is that the government allows people who can't pay and either drop out or get degrees in something you couldn't possibly find someone to pay you for doing later in life(cough gender studies cough). this money is "Guaranteed" to the school they get it right then right there, and just about anyone can get a student loan.

This makes it so that there is a constant high supply of potential students that all have the ability to "pay" virtually any cost via the government, and they have to compete by offering more/wider range of services, and it artificially suppresses the market signals that the pricetag has gone to high because everyone is still paying.

As far as how to fix it, there isn't a "Simple" solution that wouldn't be painful. my best case scenario is that the government would start limiting the amount of student loans it gives based off of high school GPA and test score(make it more like a bad scholarship) and slowly make them harder and harder to get until the program shuts down entirely while encouraging students to take out private loans.
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27 / M
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Posted 9/29/16
Nobody likes paying taxes.
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21 / M / Abaco The Bahamas
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Posted 9/29/16 , edited 9/29/16
Taxation Is Theft. Privatize everything! There's no such thing as "Free Anything" The government will raise taxes extremely high in order for these things to be sustained. Do you want %50 taxes? Because that's how you get %50 taxes.
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23 / M / Jackson, MS
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Posted 9/29/16

SeninApollo wrote:

Taxation Is Theft. Privatize everything! There's no such thing as "Free Anything" The government will raise taxes extremely high in order for these things to be sustained. Do you want %50 taxes? Because that's how you get %50 taxes.


You want to privatize the military? That seems like a bad idea.
qwueri 
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30 / M
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Posted 9/29/16

nanikore2 wrote:

College isn't freakin' medical care

I'm not gonna pay for other people's education


Very good chance you already pay for other people's education, through public schools. Or if your state happens to offer student grants.
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20 / F
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Posted 9/29/16

Taxation Is Theft. Privatize everything! There's no such thing as "Free Anything" The government will raise taxes extremely high in order for these things to be sustained. Do you want %50 taxes? Because that's how you get %50 taxes.


Yeah okay. I guess I'll pay premium for every road on every street and highway, and I guess if I can't afford I'll just walk to work. I guess I'll pay the police a fine when I need to be walked home at night through sketchy parts of town cause I don't want to be raped, or I'll just stay in my home as a hermit wife like it's the 1850s and never have friends or any personal freedom after 8pm. I guess every poor person ever should just die from anything they can't pay for.

Oh but, forgive me, I forgot that competition will keep everything lower!!!!11!!

Ever heard of a... Monopoly? Hmm someone having complete control over a single resource doesn't sound like a dictator to me, can't possibly go wrong, we'd be as free as can be!

But yeah let's just, privatize everything ever. No moral basis because we're all edgy selfish jackasses who think they live in a vacuum where a person can survive without anyone else and have absolutely no impact on other lives and no one has an impact on theirs.
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20 / F
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Posted 9/29/16

You want to privatize the military? That seems like a bad idea.


With the Military-Industrial Complex it pretty much is though. They sell out to corporations who profit from our tax dollars by charging our military for services and disallowing them from doing it themselves, i.e. while I'm unsure if they still do, in Iraq they charged us 100-120 dollars for a soldier's laundry. And they were contractually restricted from doing their own laundry so that they could charge that much. It's amazing how much of our taxes are thrown into the military every single day but the moment someone proposes even a tiny fraction of that to invest in our homeland, our infrastructure, or our veterans suddenly socialism is taking over. (sorry to be so salty, this stuff just drives me crazy)
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22 / M
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Posted 9/29/16 , edited 9/29/16

sundin13 wrote:
As far as taxing the middle class, Clinton has said that she wasn't going to be raising tax rates, however from what I understand, the specifics of that aren't included in her current tax plan. Even still, a hypothetical increase would be around $100. (PS: Clinton has famously been misquoted (even in this thread) as saying "we are going to raise taxes on the middle class". A quick google search will show that the actual quote is "we aren't going to raise taxes on the middle class".
Well yeah from what I heard was that she was going to focus taxing the rich rather than the middle class (even though those middle class people would most likely see a increase as well but smaller?)

Rujikin wrote:
I can't really say I'm much different from him...
Sometimes I could agree, but one should pay for it or the country would not go around...
Also you are not the one going to be elected either...
If it was on our side, they would mostly taken down quite fast.
+ He is supposed to be rich?


Also towards cloth^
The taxes also makes the pay for the bus driver or their fuel, depends on how that works.
So those who don't have an car etc, will get that option.
Also if one has a car you will or should be taxed on the things like (roads etc).
and why it would be cheaper to use public transport (unless you live far away from a city).
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Posted 9/29/16

GooseMcDucks wrote:


sundin13 wrote:
As far as taxing the middle class, Clinton has said that she wasn't going to be raising tax rates, however from what I understand, the specifics of that aren't included in her current tax plan. Even still, a hypothetical increase would be around $100. (PS: Clinton has famously been misquoted (even in this thread) as saying "we are going to raise taxes on the middle class". A quick google search will show that the actual quote is "we aren't going to raise taxes on the middle class".
Well yeah from what I heard was that she was going to focus taxing the rich rather than the middle class (even though those middle class people would most likely see a increase as well but smaller?)

Rujikin wrote:
I can't really say I'm much different from him...
Sometimes I could agree, but one should pay for it or the country would not go around...
Also you are not the one going to be elected either...
If it was on our side, they would mostly taken down quite fast.
+ He is supposed to be rich?


Also towards cloth^
The taxes also makes the pay for the bus driver or their fuel, depends on how that works.
So those who don't have an car etc, will get that option.
Also if one has a car you will or should be taxed on the things like (roads etc).
and why it would be cheaper to use public transport (unless you live far away from a city).


They also go to wasteful crap like bribing Saudi Arabia.

Ya know nothing I do to lower my tax burden or get a larger refund is illegal... Its all 100% legal and part of the tax code. So if he was doing what I do then he would never be taken down.

What bus drivers? Also those without cars benefit from roads, ever order from amazon or go to a grocery store stocked with semis.
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