‘Baby Bonds’ Would Skyrocket College Costs, Bilk Taxpayers for Billions

James G. Martin Center for Academic Renewal ^ | July 3, 2019 | Ross Marchand

[SkyDancer]

And after the Progressives tax the taxpayers out of existence then who’ll be paying?

[Vigilanteman]

Old joke: A plumber just completes a time consuming job and hands the homeowner his bill.

The homeowner exclaims "I'm an M.D. and I can't make this kind of money!"

The plumber responds "Neither could I when I was an M.D."

[DIRTYSECRET]

Oh man. 18 years to not figure out how to use it. I went for the first $1k and then he lost me. I say put that $1k in the S & P 500 upon birth and not let ANYONE touch it for 50 years. Then allow for the 50% stocks rule where the other 50% goes into bonds/bills. That way everyone from childhood/young adulthood/middle age could see what investing does and hopefully leave well enough alone.

[BuffaloJack]

Dems sure are good at setting up Ponzi schemes.
Social Security. They tax you when you earn the money, then when you reach retirement, they tax you on it again when they give part of it back to you. Nothing like DOUBLE taxing. Didn’t we once fight a war about taxing?

[Pearls Before Swine]

You forgot, they also tax it if you die. And, Lizzy Warren wants to cap (at a high starting rate, but these things tend to creep) what you can accumulate during your lifetime because she can’t wait for you to croak and pay estate taxes.

It’s the principal of the thing (mis-spelling deliberate).

[SMARTY]

Right-the Congress will set up another ‘ss’ type fund and raid the he&^ out of it from the giddyup... there won't be any funds available for ‘students' in the end!

Another boondoggle

[i_robot73]

>
Dems sure are good at setting up Ponzi schemes.
Social Security. They tax you when you earn the money, then when you reach retirement, they tax you on it again when they give part of it back to you. Nothing like DOUBLE taxing. Didn’t we once fight a war about taxing?
>

Don’t forget the BIG one: you die and the govt gets to KEEP (it) all (of ‘my $$, *I* paid into’, so say some here on FR)!!

[I want the USA back]

If lower income children get a large nest egg, then they are NOT LOWER INCOME!

Another thing that annoys me: if you earn 60k, the gov takes 20-30k from you, but you are still considered to have an income of 60k! Even if they take 70%, you are still considered “high income.”

[TADSLOS]

Cradle to Grave, baby!

Fedzilla has you covered and smothered.

[EQAndyBuzz]

Put a thousand in at birth and the person cannot touch it until retirement. At that point the money can only be used by the recipient to pay for supplemental health care.

[Rurudyne]

Offend a Progressive: celebrate inequality

[usconservative]

Nothing is more expensive than the cost of “free.”

[editor-surveyor]

.
Everything is free!

Why get up in the morning?

Why go to work?

Bring it on!

[editor-surveyor]

.
How about the cost of senfing your kid to left wing schools and then to college, to have their minds removed?
.

[usconservative]

That’s included in the cost of “free.”

[editor-surveyor]

.
How about the cost of sending your kid to left wing schools and then to college, to have their minds removed?
.

[LegendHasIt]

"‘Baby Bonds’ Would Skyrocket College Costs, Bilk Taxpayers for Billions

That's not a Bug, That's a Feature.

[Vigilanteman]

You also have to apply at least a month before you are eligible and wait at least 30 days. But they cut you off immediately when you croak.

Always try to croak around the 10th of the month. My Mom passed on the 28th and we all had to chip in just a little to pay the final expenses.

Colonial Penn and all those others that hype the final expense plans don't tell you that the coverage drops to zero shortly after age 85. Mom's mind was sharp until the last week of her life. I don't regret helping her live that long but, man, how you get penalized for it!

[Lurkinanloomin]

Colleges have been bilking people for decades.

Big Ed needs to be defunded.

(Found your candidate for 2020 yet, NeverTrumper?)