Lawsuit against student loan forgiveness

The US spending is already over $5T. An increase of $20B is a 0.4% increase. And that’s assuming we wouldn’t just spend that $20B elsewhere. Like I waidX you’re gonna be paying this tax anyways, would you rather it to to helping your fellow man, or would you rather it go to another fighter jet? lol

Not to mention how many millions of people already pay most of their taxes to things they don’t benefit from. I pay for schools in my district that I don’t attend and I don’t have kids myself. I pay for roads in my state, 99% of which I never travel on. I pay for welfare even though I don’t qualify for it. I pay for social security even though I will likely never benefit from that.

Although again, the main point is how little of an increase in spending this is. And realizing that we would be spending that money regardless. And that the costs here are, according to the CBO at least, offset by potential gains from other plans they are introducing or have introduced.

/r/StudentLoans Thread Parent