Friday, August 5, 2016

Hillarys Student Debt plan





Hillary's Student Debt plan is obviously an attempt to attract young voters. She claims it will be fully paid for
She says quote, "This plan will be fully payed for by limiting certain tax expenditures for high income tax payers." And "within the last 10 years total student debt in our economy has more than doubled and now exceeds 1.2 trillion."

Now if she is stating that you are going to get the "high income tax payers" to pay $ 1.2 trillion think again.

A): The lobbyists and special interests will make it very difficult to let the bill pass.
B): A lot of Congress people would oppose it.
C): The only 3 bills that she passed in her 8 years in office included renaming: a post office, a historical place, and a highway.
D): Do you think that the top 1% is going to pay $ 1.2 trillion.
E): College attendance is going to double because people will just go because it is basically free. Thus debt will grow as well.

* She is a little veg but let's assume she splits this 1.2 trillion among the top 10%. This is people who earn over 120,000 and includes 13 million people. Now 1.2 trillion/120,000= 92,000 EXTRA in taxes over some period of time that is unknown because her plans are veg. 

Someone earning 120,000/year is not going to be happy at all. 
Bottom line. Nobody is going to pay for it. I think that she will just say she changed plans and will add it to our national debt. And in the end YOU will pay off your National DEBT within 20 years when China is so economically strong they will want some of  our LAND in exchange for 20 trillion. You know you can buy 20 MILLION Mansions for that money or hundreds of millions of acres of land. 







No comments:

Post a Comment