Posted on 04/26/2012 10:16:20 AM PDT by SeekAndFind
Oil companies should not feel alone. Democrats want to crucify business in general— just different ways for different sectors.
So, in other words, the democrats in their efforts to make people dependent upon them have raised taxes on small businesses which will dampen new hiring causing them to continue to be more dependent on democrat handouts...perfect world isn’t it???? (sarc off)
They get lower interest rates on their college loans in return for no job after graduation.
Insanity.
helping get rid of jobs will certainly help these graduates (rolling eyes)
But if The Won wins at least we know the Grievence Studies majors will be OK.
I hope the House, which is supposed to be the body that initiates revenue related bills, dumps this quickly. As for pitting small businesses against students, that tactic is to be expected from the Obama administration.
If “republicans” were smart, they would tie the decrease in interest rates to schools that receive the benefit of student loans. Schools making bad loans would have to pay higher “fees.” The more bad loans they make, the more “fees” they would have to pay the govt. Hopefully this would discourage schools from giving loans to the destitute as well as raise money to offset the loss of interest rate increase.
There is no relationship between small business and student loans. Small businesses gain nothing and lose everything with this harebrained idea from Obama, the dems and the RINOs in the Senate. This is an economy killer.
As an alternate arguement shouldn't Medicare taxes go to something like, oh I don't know, Medicare? Just sayin'.
What does Medicare have to do with student loan rates?
Oh, no the Feds are going to make(steal) less money. Why don’t they cut spending? I know, I know there is no point asking that question.
I hope these students realize they too will be crushed by higher taxes when they graduate and if they have any dreams of owning their own business and get ahead, they’re wasting their money because stupid is as stupid does.
They deserve the ‘0-future’.
Even if the loans were privately made, the lender suffers little or no risk on them since they are not dischargeable in court. As a consequence they should easily be traded at close to the market rate for any collateral loan, or mortgage ~ and with a government guarantee, that'd be at the lowest possible rate which is somewhere between 3.5% and 4.0%.
There is no need to OFFSET these loans with a tax on somebody else.
No Freeper should ever be persuaded that any Democrat can be truthful or honest about anything.
Why doesn’t the Government just tap in to university endowments in order to offset student loans under the guise of universities unfairly and arbitrarily setting tuition rates?
Some of those universities, such as Harvard, have absolutely insane levels of endowment.
Tell the students to quit school now and get a job. Stopping the increasing debt now will offset the higher interest cost. They’re not learning anything there anyway and employer’s don’t give a damn right now about degrees.
If they want to stay in school, then they’ll have to pay the higher cost to do so. This is the real world, even though the democrats and their republican handmaidens continously try to hide or delay its realization.
Wonder why no one is talking about this on Student Loans?
Obama thinks the students and younger voters will go for him in 11/2012 as strong as before. To make it more sure, he is promising them freebies on student loans and similar benefits.
Of course no government payment to a selected group is free, some other group, here small business, must be forced to pay more.
If our kids really learned in school, they would see Obama’s promises as false.
As usual, the democrats are liars. It is not a “loop hole” that S corporation shareholders do not pay payroll taxes on the dividends or the distributions they receive. It is sound tax logic and policy not to apply the payroll tax to that dividends and distributions. It is just a tax increase that will hurt small businesses.
A. Would it not be better if Congress "paid for" the interest rate subsidy by cutting Federal spending by $6 billion next year (or roughly 0.167% of the budget)?
B. Why the hell is Congress involved with determining the interest rate charged on any kind of loan, or with subsidizing private debt?
C. Why do Republicans continually allow themselves to be drawn into Democrat traps (in this case, they'll be accused of hurting students to help the "rich")? Because they're unprincipled and nearly as greedy as Democrats. Whoops - sorry, I answered that one myself.
This
‘What does Medicare have to do with student loan rates?”
is THE question
WTF, Dems really think people are stupid.
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