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re: "Travel enthusiast” is grateful his student loans are forgiven

Posted on 4/14/24 at 12:35 pm to
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
261782 posts
Posted on 4/14/24 at 12:35 pm to
quote:

just one example, without PSLF


Imagine a libertarian lauding government fricking the cost of education.

I've seen it all now

Posted by WaydownSouth
Stratton Oakmont
Member since Nov 2018
8236 posts
Posted on 4/14/24 at 12:39 pm to
quote:

You are calling veterans welfare queens to defend growing the number of government workers through subsidies. Think about that for a minute.


Its hilarious how uneducated this dude is on the subject thinking the PSLF is only for "Government workers"
Posted by Joshjrn
Baton Rouge
Member since Dec 2008
27222 posts
Posted on 4/14/24 at 12:39 pm to
quote:

Imagine a libertarian lauding government fricking the cost of education. I've seen it all now
Roger, cut out the strawman act. It’s fricking boring. Especially when you quote tiny snippets of larger posts, which is painfully transparent.

I don’t think any of this should exist. I’m a minarchist libertarian, for frick’s sake. But I don’t live in anything resembling a libertarian paradigm, so yes, that will find me explaining policy issues from a comparative good or bad perspective instead of purely along ideological lines.

Stop pretending that you’re an idiot.
Posted by Taxing Authority
Houston
Member since Feb 2010
57407 posts
Posted on 4/14/24 at 12:40 pm to
quote:

10 years is far too short of a time to earn a little less to get $200K forgiven.
Shpuldn’t they get a 1099 for the $200k gain? They would if they did a short sale on a mortgage.
Posted by GreatLakesTiger24
One State Solution
Member since May 2012
55884 posts
Posted on 4/14/24 at 12:41 pm to
you're supposed to be ok with it because he's a healthcare hero
Posted by Joshjrn
Baton Rouge
Member since Dec 2008
27222 posts
Posted on 4/14/24 at 12:46 pm to
quote:

Shpuldn’t they get a 1099 for the $200k gain? They would if they did a short sale on a mortgage.
As I mentioned earlier in the thread, forgiveness under PSLF is statutorily tax free. Forgiveness under standard repayment options are taxable events.
Posted by Taxing Authority
Houston
Member since Feb 2010
57407 posts
Posted on 4/14/24 at 12:46 pm to
quote:

They're getting a handout without paying for it, just like ole boy in the OP.
No. Military service is a public good. The kind of thing taxes are supposed to pay for. “Travel enthusiasts” and healthcare are not. Luxury and personal care anrent public goods. These are not comparable contributions to the national common goods.
This post was edited on 4/14/24 at 12:48 pm
Posted by Taxing Authority
Houston
Member since Feb 2010
57407 posts
Posted on 4/14/24 at 12:47 pm to
quote:

As I mentioned earlier in the thread, forgiveness under PSLF is statutorily tax free.
Ah, loopholes for the rich. Cool.
Posted by Joshjrn
Baton Rouge
Member since Dec 2008
27222 posts
Posted on 4/14/24 at 12:50 pm to
quote:

No. Military service is a public good. The kind of thing taxes are supposed to pay for. “Travel enthusiasts” are not. These are not comparable contributions to the national common goods.
I’m not at all interested in wading into the “veterans are welfare queens” debate, but I think you’ve unfairly framed the argument. Sure, travel enthusiasts aren’t, but I think most people would say that public defenders, doctors who go out to underserved rural areas, etc, are doing a public good. One can certainly argue about the relative benefit, but I don’t think any reasonable person would say that their societal benefit is zero.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
261782 posts
Posted on 4/14/24 at 12:51 pm to
quote:

Especially when you quote tiny snippets of larger posts, which is painfully transparent.


Stop lying, you're supporting this

fricking lawyers getting welfare, while making 100k plus, while he little guy is stuck with the inflated cost of education, caused by govt interference.

5 years ago you would have agreed with me on this..

This inpart is how the cost of education became bloated..
Posted by ApexHunterNetcode
Member since Aug 2023
273 posts
Posted on 4/14/24 at 12:54 pm to
Just wait until he gets the tax bill and realizes he's owes payment immediately
Posted by Joshjrn
Baton Rouge
Member since Dec 2008
27222 posts
Posted on 4/14/24 at 12:57 pm to
quote:

Stop lying, you're supporting this fricking lawyers getting welfare, while making 100k plus, while he little guy is stuck with the inflated cost of education, caused by govt interference. 5 years ago you would have agreed with me on this.. This inpart is how the cost of education became bloated..
Roger, if you stopped being an argumentative frick for a few seconds and actually read my posts giving me anything resembling the benefit of the doubt, you would see that I’ve been quite clear that I don’t think any of this should exist. Government shouldn’t be loaning money for education, much less forgiving those loans. We should get rid of ALL deductions, if we are going to have involuntary taxation at all. There should be zero “government programs”. If government is to exist, it should be to have a reasonable military to protect us from without, a reasonable police force to protect us from within, and a court system to enforce lawful contracts.

But again, I don’t live in that world. I live in a world in which government blows trillions, with a T, of dollars every year. So when I see people acting in a manner that I consider hypocritical or disingenuous regarding how some of that money is spent, it becomes a topic of conversation.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
261782 posts
Posted on 4/14/24 at 1:01 pm to
quote:

again, I don’t live in that world. I live in a world in which government blows trillions,


This is blown on upper income, top 3%ers paid for by all of is.

Reminds me of farm welfare where the household income is over 300k
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
261782 posts
Posted on 4/14/24 at 1:14 pm to
quote:

So when I see people acting in a manner that I consider hypocritical or disingenuous regarding how some of that money is spent, it becomes a topic of conversation.


Govt has screwed up higher Ed, this is counter to fixing it. I wonder how much of the public would support this if they knew who would benefit. Probably not many.



Have your local DAs pay better, or include forgiveness as a benefit instead of socializing the debt across the country, if it's that important.
Posted by chinhoyang
Member since Jun 2011
23677 posts
Posted on 4/14/24 at 1:18 pm to
quote:

the option to work in the government sector for less money


a lot of government jobs no longer pay "less money", which is why so many pension plans are poorly funded
Posted by ZIGG
Member since Dec 2016
10201 posts
Posted on 4/14/24 at 1:18 pm to
Any male who uses pronouns is not a man.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
261782 posts
Posted on 4/14/24 at 1:21 pm to
quote:


a lot of government jobs no longer pay "less money


Indeed.
Posted by Joshjrn
Baton Rouge
Member since Dec 2008
27222 posts
Posted on 4/14/24 at 1:21 pm to
quote:

Govt has screwed up higher Ed, this is counter to fixing it. I wonder how much of the public would support this if they knew who would benefit. Probably not many. Have your local DAs pay better, or include forgiveness as a benefit instead of socializing the debt across the country, if it's that important.
I get it. I was simply explaining the policy. My issue in this thread hasn’t been people saying it’s bad policy; my issue has been people either saying that this guy is a bad person for having his loans forgiven under the policy, or my taking issue with people who are just flat out misrepresenting what the policy is.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
261782 posts
Posted on 4/14/24 at 1:25 pm to
t thi
quote:

s guy is a bad person for having his loans forgiven under the policy,


I never agreed with that, but did find his bragging about it to be on the spectrum.

Posted by PUB
New Orleans
Member since Sep 2017
18321 posts
Posted on 4/14/24 at 1:25 pm to
WTF work your arse off the pay student loans and your mortgage? Disgusting.
Should have let the discharge in BKCY remain. All the doctors nad lawyers used it years ago and then the banks immediately gave them $250K in new credit so they could start their practices, buy MBs and million $ houses.
This country is beyond screwed up. The people that do it right get bent over with no lube,
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