Lucylastic -> RE: President Obama's State of the Union Speech (1/27/2015 10:47:22 AM)
|
quote:
ORIGINAL: thishereboi quote:
ORIGINAL: Lucylastic ah yes, the 529s are held by an amazing majority of americans...oh no....hang on... 12 million that leaves about (conservative estimate) a huge number of americans (93mill out of work) that just cant be bothered, and are freeloading cos everyone can afford college...parent or students.. but we will *just* accept they just cant be bothered She said a number of families, not an amazing majority of americans. But I agree it's wrong to assume anyone who didn't plan ahead just couldn't be bothered. Of course that doesn't change the fact that the ones who have put in because they were promised they could withdraw it without penalty are going to be screwed. quote:
it seems to be a popular thing in tennessee http://republic3-0.com/tennessee-promise-free-community-college-for-all-students/ Good for them and they managed to do it without screwing anyone. "The Tennessee Promise scholarships will be funded by $110 million from the state’s lottery reserves, along with a $47 million endowment created by the state General Assembly." quote:
oh but the future for the poor people who cant afford the tuition dont deserve it, right?? Who said that? Derp ! I never said the figures were hers, I did some research to find the figures by myself, like big people do. quote:
ORIGINAL: paulag Free community college? Not really! Here is a bit of one tax he intends to raise to pay for it. Nothing is free ever! He has decided to fuck over the people that are doing the right thing to pay for the god damn freeloaders. A number of families have been taking advantage of what are called 529 plans, in order to save money for their children's college education. Under the current law, 529 plans work a lot like Roth IRAs: you put money in, the money grows tax-free for college and withdrawals and distributions are tax-free provided they are to pay for college. So that encourages people to save for their children's education. Ah, but now this president wants to extend hope and change to this area. Under the Obama plan, earnings growth in a 529 plan would no longer be tax-free. Instead, earnings would face taxation upon withdrawal, even if the withdrawal is to pay for college. So what we have is yet another instance of the government changing the rules once people have already committed their money to these plans… to rob the productive and thrifty who have sacrificed for their children's education in order to 'redistribute' this money to those who couldn't be bothered. check the bolded parts, but in it was me that said that. quote:
oh but the future for the poor people who cant afford the tuition dont deserve it, right?? because thats how I felt. I didnt attribute it to anyone, unwad your panties
|
|
|
|