No Student Loan Interest Or Payroll Tax Until 2021

[Eatforgains]

[scheal]

LOL

Infected with this disease from China

The Wuhan flu strikes again

[havoc00]

Maga

[Dave22reborn]

So postponing the eventual?

Aren't unemployment benefits about to expire? And people will probably be getting evicted soon.

[Mountaineer92]

no student loan interest is nice

[Eatforgains]

So postponing the eventual?

Aren't unemployment benefits about to expire? And people will probably be getting evicted soon.

he extended protections for both watch the clip

[Seatard]

Have to admit, I chuckled at his awkwardly forced digs at China.

[Eatforgains]

Have to admit, I chuckled at his awkwardly forced digs at China.

When he made the lady repeat kung flu that one time I almost died laughing

[5x10]

no student loan interest is nice

so is not paying payroll taxes
Will help small business’s a ton!

Maga

[chaunce54]

so is not paying payroll taxes
Will help small business’s a ton!

Maga

Will they be due come tax time though? Or is it really a complete reprieve?

[NitrogenWidget]

Will they be due come tax time though? Or is it really a complete reprieve?

It would make no sense to expect them to be due.
that said, it is the government we are talking about here and if there is one thing the government excels at, it's using what ISN'T in a poorly written law to fuk citizens over.
there isn't even a whole lot of malice, it's just how government employees seem to function.

[3basic5me]

Megacorporations paid Kushner for this.

[Seatard]

Will they be due come tax time though? Or is it really a complete reprieve?

Probably could tax the cancellation of debt if they wanted to be dicks about it.

Kinda like state tax refunds being taxed federally as income.

[sandaltan]

so is not paying payroll taxes
Will help small business’s a ton!

Maga

its just a deferral dumbass

enjoy accruing all your payroll tax and owing bigly when deferment ends

not that this is gonna happen anyway

[sandaltan]

It would make no sense to expect them to be due.
that said, it is the government we are talking about here and if there is one thing the government excels at, it's using what ISN'T in a poorly written law to fuk citizens over.
there isn't even a whole lot of malice, it's just how government employees seem to function.

he literally said deferring

google deferring

[jlick]

its just a deferral dumbass

enjoy accruing all your payroll tax and owing bigly when deferment ends

not that this is gonna happen anyway

you know i actually agree with you here. A deferral is dumb. It's like the same thing as a mortgage forbearance.doesn't really help and will most likely screw a lot of people over. What he really should be doing is canceling payroll taxes for the rest of the year.

[vickissick07]

you know i actually agree with you here. A deferral is dumb. It's like the same thing as a mortgage forbearance.doesn't really help and will most likely screw a lot of people over. What he really should be doing is canceling payroll taxes for the rest of the year.

And cancelling those extra unemployment benefits. That would incentivize people to get their asses back to work instead of sitting at home making 40+k a year in salary.

[semitope]

doesn't screwing with payroll tax screw with social security, medicare? Why do it that way instead of loans or benefits?

And this sounds like a mess. Would make more sense to roll back tax cuts for companies like amazon etc who are making record profits due to the pandemic and use that money to help folks.

[LeftistGent]

...Or we just cancel student debt entirely and make college tuition free. Post grads can contribute to the economy again, and everyone gets a chance to go to college and pursue what they wish without worrying about taking on a chit ton of student debt, spurring innovation and progress.

Nah nvm makes too much sense, let's revert back to banks only giving out student loans to the privileged few and dramatically slow down progress and innovation.

[vickissick07]

doesn't screwing with payroll tax screw with social security, medicare? Why do it that way instead of loans or benefits?

And this sounds like a mess. Would make more sense to roll back tax cuts for companies like amazon etc who are making record profits due to the pandemic and use that money to help folks.

No..

And of course your preferred method is to take money from somebody else.

[sandaltan]

No..

And of course your preferred method is to take money from somebody else.

what do you mean "no.."

how do you think ss and medicare are funded?

[Smegmalion]

...Or we just cancel student debt entirely and make college tuition free. Post grads can contribute to the economy again, and everyone gets a chance to go to college and pursue what they wish without worrying about taking on a chit ton of student debt, spurring innovation and progress.

Nah nvm makes too much sense, let's revert back to banks only giving out student loans to the privileged few and dramatically slow down progress and innovation.

This, and also let’s also make groceries free. And gas too actually, I would save a lot of money on gas. And also everybody gets 2 free vacations to wherever they want to go each year. And free cars. And a boat. I also don’t want to pay for housing. I would literally stimulate the economy so hard if I didn’t have to pay for it.

[rhadam]

...Or we just cancel student debt entirely and make college tuition free. Post grads can contribute to the economy again, and everyone gets a chance to go to college and pursue what they wish without worrying about taking on a chit ton of student debt, spurring innovation and progress.

Nah nvm makes too much sense, let's revert back to banks only giving out student loans to the privileged few and dramatically slow down progress and innovation.

R u retarded

[vickissick07]

what do you mean "no.."

how do you think ss and medicare are funded?

They're all separate. Ever looked at a paycheck? See the column that says 'federal'? That is what will be deferred.

[LeftistGent]

This, and also let’s also make groceries free. And gas too actually, I would save a lot of money on gas. And also everybody gets 2 free vacations to wherever they want to go each year. And free cars. And a boat. I also don’t want to pay for housing. I would literally stimulate the economy so hard if I didn’t have to pay for it.

Obvious strawman.

Thankfully Biden has proposed a $10k+ minimum cancellation, so we should be able to get the ball rolling once he gets inaugurated.

[Seatard]

They're all separate. Ever looked at a paycheck? See the column that says 'federal'? That is what will be deferred.

I think you should read up on it a little more.

[soaponarope1]

...Or we just cancel student debt entirely and make college tuition free. Post grads can contribute to the economy again, and everyone gets a chance to go to college and pursue what they wish without worrying about taking on a chit ton of student debt, spurring innovation and progress.

Nah nvm makes too much sense, let's revert back to banks only giving out student loans to the privileged few and dramatically slow down progress and innovation.

I got an associates, bachelors and am 12 credit hours from my MBA now. Have never so much as seen a student loan or financial aid form, nor received any help from my parents.

It can be done if you're not a lazy fuk. I've also got a 6 figure salary by applying that same work ethic.

Sorry you're lazy.

[DeshaunWatson]

...Or we just cancel student debt entirely and make college tuition free. Post grads can contribute to the economy again, and everyone gets a chance to go to college and pursue what they wish without worrying about taking on a chit ton of student debt, spurring innovation and progress.

Nah nvm makes too much sense, let's revert back to banks only giving out student loans to the privileged few and dramatically slow down progress and innovation.

Moron. I’ll gladly continue to pay my student loans interest free.

[Jaydawg08]

I got an associates, bachelors and am 12 credit hours from my MBA now. Have never so much as seen a student loan or financial aid form, nor received any help from my parents.

It can be done if you're not a lazy fuk. I've also got a 6 figure salary by applying that same work ethic.

Sorry you're lazy.

Just lmao at this stupid chit I read from miscers on a daiy basis. I really should neg you based off this dumb ass troll post I had to read. Anyone who thinks this "pull yourself up by your bootstraps" is the answer to these problems for everyone should stop posting immediately

[jlick]

And cancelling those extra unemployment benefits. That would incentivize people to get their asses back to work instead of sitting at home making 40+k a year in salary.

yup.

...Or we just cancel student debt entirely and make college tuition free. Post grads can contribute to the economy again, and everyone gets a chance to go to college and pursue what they wish without worrying about taking on a chit ton of student debt, spurring innovation and progress.

Nah nvm makes too much sense, let's revert back to banks only giving out student loans to the privileged few and dramatically slow down progress and innovation.

lmao no you commie f*ck. A lot of college already is free or heavily subsidized. Why should I have to pay for your college debt just because you chose to go to a 4 year college instead of a community college first? f*ck off.