Jump to content

Backintheday544

Community Member
  • Posts

    1,790
  • Joined

  • Last visited

Everything posted by Backintheday544

  1. In order to sue, you need standing. To have standing, you need to show you are harmed. There is like no one harmed here to have standing. Fox News goes into it well here: https://www.foxnews.com/politics/state-ags-weigh-legal-challenge-against-bidens-500b-student-loan-handout At the moment, finding someone that has been harmed by the decision looks difficult. The Supreme Court has already stated that taxpayers do not have standing to sue the government, and neither does Congress. Borrowers who already paid off their loans and therefore will not qualify for the handout are unlikely to have standing either since they are not directly injured by the White House's action. State governments similarly are viewed as not having standing since the student debt handout does not impose a burden on their finances or powers. Legal experts say that loan services might have the best standing for a lawsuit since they will be directly impacted the handout. Loan servicers could argue that Biden overreached by issuing a blanket handout, instead of tailoring the proposal to individuals with proven economic hardship. Some federal courts, though, have refused in the past to allow government contractors to sue against regulations that hurt their profit margin.
  2. None of the debt you listed is held by the Federal government and therefore Biden wouldn’t have the ability to unilaterally cancel it. If they were to do it through legislation, they’d need Republican support. Republicans could have done something like that in 2017 as the total cost of the Tax Cuts and Jobs Act, which favored corporations and wealth Americans would have been close to the total US consumer credit card debt. In addition, this was something Joe Biden ran on. It was a campaign promise. And a record number of people voted for him. Elections have consequences.
  3. The infrastructure bill was a bi-partisan bill that included putting $73 billion into the electrical grid. Bi-partisan means it voted yes and supported by both Republicans and Democrats. Until you learn basic US politics, you’re opinion is worthless and you’re just spitting out asinine points. Not the best source but someone with rudimentary understanding of US politics should probably start their education here: https://en.m.wikipedia.org/wiki/Federal_government_of_the_United_States
  4. That’s an interesting what if that doesn’t seem to be an issue. CAs GDP is up 16.69 percent over 5 years. (https://www.deptofnumbers.com/gdp/california/) Compared to TX which is 12.32 (https://www.deptofnumbers.com/gdp/texas/) This while CA offers lower state and local taxes than TX: https://www.instagram.com/p/CdgZ6KOOGww/?igshid=ZWQxOWIzNTU= https://www.chron.com/news/houston-texas/article/texans-pay-more-taxes-than-californians-17400644.php According to ITEP, Texans whose salaries fall into the lowest 20 percent of income earners (making less than $20,900 annually) pay about 13 percent of their income in state and local taxes. Meanwhile, Californians in the bottom 20 percent (making less than $23,200 annually) pay 10.5 percent. In Texas, the middle 20 percent of income earners ($35,800-$56,000) pay 9.7 percent in state and local taxes in contrast to middle income Californians ($39,100-$62,300), who only pay 8.9 percent. Most glaringly, the top 1 percent of earners in Texas ($617,900 or more) pay 3.1 percent of their income in contrast to top earnings in California ($714,400 or more) who pay 12.4 percent. So I’d think people would want to go a lower taxes jurisdiction that has an actual electric grid that’s seeing higher economic growth.
  5. Your post ignores several things. First, the EU already put this law in place and CA is just following suit. ( If CA was a country it would have the fifth largest economy in the world too). Second the US govt also pledged to stop purchasing gas cars by 2035. With the above, especially in the EU the auto industry was part of those negotiations and did get some concessions in these plans. Also, with CA, US govt and the EU, it could be enough economic pressure to force the stopping of production on gas cars. You’re looking at the US power grid as of today and are ignoring the bi-partisan infrastructure bill that is designed to update the US power grid to fix the problem of everyone having electric cars. As for gas prices with more people using electric, if we’re looking at basic Econ, wouldn’t the decrease in demand decrease price (assume then OPEC et all would shift supply to maintain gas prices) You rant about a whole bunch of what ifs without any justification or reasons to believe those will occur except for your feels.
  6. Just using your words here: Needs based: “If approved, a loan was offered based on need and payment disbursed.” Using the term based on need really sounds like it’s needs based. Yes we know what PPP is an acronym for. So now we just trust the government naming of things? I guess we can all agree the Inflation Reduction Act reduces inflation. Yes, PPP is a Federal program, but your point was “The most vital element of the program was keeping employees employed while the govt kept society and the economy locked down. Failure to do so resulted in repayment terms that might be considered predatory if offered by a private bank.” If Florida didn’t keep society and the economy locked down as you put. So why should a Florida person such as Gaetz get bailed out with over $400,000? We can use another Florida person Tom Brady, had $1,000,000 of PPP loans forgiven. His net worth is over $400,000,000. If these Republicans don’t believe in the government forgiving loans, they could have just paid back the PPP loans. There is no requirement to ask the government for forgiveness. PPP loans and the student loans are both loans made by the government to US persons. Both have forgiveness aspects built in. The business owners used the legislation to get their forgiveness. The President used his power to grant forgiveness on those loans. If looking at policy, I’d much rather have the government give $300 billion to people making under $125,000 then the huge amounts of PPP money that went to people like Brady and Gaetz who could have used their personal assets to keep their company going (assuming there was even a going concern issue).
  7. I disagree with several points you make on PPP. 1. there were not need based requirements for PPP1. PPP2 did have a drop in gross receipts of 25 percent requirement. 2. PPP has a requirement that just 60 percent of the funds go to wages (including owner wages). The other 40 percent could go towards items such as rent, mortgage, etc. So the PPP did in fact pay mortgages and expressly allowed for them to be used for mortgage payments. 3. You bring in the shut downs but in states where there were no shut downs, people still received PPP loans. Florida for example brags about not being shut down, yet Matt Gaetz had $482,000 in PPP loans forgiven.
  8. TCJA was projected to add $1.889 trillion to the deficit per CBO: https://www.taxpolicycenter.org/taxvox/cbo-thinks-tcja-will-cost-433-billion-more-last-decembers-estimate-what-happened This is projected to cost $330 billion. Baes on the National Taxpayer Unions methodology, TCJA would cost an average American $11,900 each. Didn’t see outrage there.
  9. is the point you’re trying to prove that you don’t have reading comprehension? CBO hasn’t score it. The thing you highlighted says that specific thing. The $2,000 cost per taxpayer you highlighted is again, not from the CBO, but from a right leaning policy group The National Taxpayers Union. If you read the National Taxpayers Union policy paper on how they got that number, they took the $330 cost from Wharbutons study and simply divided that by the number of individual tax returns filed in 2019. That is not finding the average cost this will be to an average Joe you pick off the street.
  10. yes the real taxpayers are left leaning since blue states pay the most Federal taxes:
  11. It’s too bad you didn’t do more education in order to apply critical thinking before you post. 1. That’s not a CNBC study, that’s a National Taxpayer Union Foundation study. A right wing group 2. to call it a study is laughable. Their study is to take the projected cost and divide it by the total number of people who filed a return in 2019. It doesn’t take into account that many Americans don’t pay $2,000 in taxes. A better model to see what the average American will pay for this will take into account the disparity in the amount of taxes paid by each American. So if you were to look at what this will cost the average Joe American WalMart worker, it’s probably closer to a fraction of cent. A couple pieces of advice: 1. read what you post 2. think to yourself who is writing this and why 3. understand math If you can do this, then maybe you can join the rest of us as well informed taxpayers!
  12. Democrats included a provision that student loan forgiveness is tax free through 2025 in the last stimulus reconciliation bill.
  13. Everyone should pull themselves up by the bootstrap and send their kids to private education like me? Don’t know what you’re looking for here. Public school has been broke for decades. I’d start by watching the Revionaries as a start: https://www.pbs.org/independentlens/documentaries/revisionaries/ After that I’d look at a system that doesn’t have schools being paid for via real estate taxes.
  14. It’s quoting the Times. The main gist from the Times: Times notes: - (1) Sussmann’s conversation with the CIA had already been reported last October -(2) Durham never once said anything about the White House being “infiltrate[d]” -(3) the special counsel also never claimed the Clinton campaign had paid Joffe’s company and -(4) perhaps most importantly, “the filing never said the White House data that came under scrutiny was from the Trump era.” In fact, lawyers for the data scientist who helped develop the data analysis in question, say this happened during— wait for it—Barack Obama’s presidency. Here’s the Times piece: https://www.nytimes.com/2022/02/14/us/politics/durham-sussmann-trump-russia.html And Vanity Fair is much more legit than 99 percent of Bonnie’s spam.
  15. In other other words: Strangely, there wasn’t a lot of fact-checking going on down at Mar-a-Lago, but the actual reason that the “LameStream” media hadn’t covered the story was likely because, as the Times notes: (1) Sussmann’s conversation with the CIA had already been reported last October (2) Durham never once said anything about the White House being “infiltrate[d]” (3) the special counsel also never claimed the Clinton campaign had paid Joffe’s company and (4) perhaps most importantly, “the filing never said the White House data that came under scrutiny was from the Trump era.” In fact, lawyers for the data scientist who helped develop the data analysis in question, say this happened during— wait for it—Barack Obama’s presidency. What Trump and some news outlets are saying is wrong,” attorneys Jody Westby and Mark Rasch told the Times. “The cybersecurity researchers were investigating malware in the White House, not spying on the Trump campaign, and to our knowledge all of the data they used was nonprivate DNS data from before Trump took office.” In other words, Trump and company got the whole thing hilariously, mortifyingly incorrect. But fear not: We’re sure they’ll issue a lengthy correction and heartfelt apology to the people whose reputations they impugned—and the ones Trump suggested should be put to death—in no time.“ https://www.vanityfair.com/news/2022/02/donald-trump-hillary-clinton-white-house-spying Will we get a defamation letter suit or will Fox hide behind that they’re an entertainment company and not a news company protect them again?
  16. And Im going to assume that more than just the 4 times amount of YouTube people saw the racist flag burn. Plus you get people like you posting the barely watched YouTube video so it’s not like it a message that’s spreading. Just admit it’s pretty cool a video of a Senate candidate burning the racist flag has raised over $600,000, didn’t cost $70,000 to put on TV and has more YouTube videos than Republicans thinking something the equivalent of a 5 year olds joke is amazing. Im talking more about the awesome guy burning a racist symbol of the right. And how in comparison him burning that trash is just a huge trump card. You can’t deny views. You can’t deny funds raised.
  17. We’re nearing a million US deaths. Do you think none of them were workers? Do you think workers being forced to go into jobs aren’t concerned they could be added to that list? Maybe just people wearing a mask when you go into a place of business would help those workers fears. You want to talk about supporting the workers. If you want to support the workers wearing a mask from day 1 is supporting them. People from the Northern border take jobs too. Why are you singling out the southern border? Plus I don’t know if you’ve seen America lately but you can’t go a block without seeing a help wanted sign. No one’s jobs are being taken.
  18. Is it? B-Man’s YouTube ad has 78k views. My ad of burning the racist flag has over 324k. My racist flag burning video has raised over $600k. Your dumb Brandon ad spent $70k just for people to see it. My racist flag burning video spent no Super Bowl money for people to see it and more people have seen it than this guy who spent $70k to force people to see his.
  19. Guy spent $70,000 in Pittsburgh. $70,000 in the Super Bowl. If the ad time was worth anything it wouldn’t cost $70,000. I warn you this may trigger you because they’re burning a traitors flag: https://www.rollingstone.com/politics/politics-news/gary-chambers-jr-louisiana-senate-fundraising-1299727/ But the dude just burning a racist symbol raked in $600,000 (at the time of the article) He could have aired his ad burning that racist filth 8.5 times in that market with the money he made just from from making that ad.
  20. And here is where you explain……. I take the same stance for anyone committing treason or affecting international relations. You know the blockade of an international border is costing hard working Americans jobs and money right?
  21. Well Canada doesn’t have a border with Mexico, so I think it would be pretty dumb if Canada to try to make a law like that.
  22. Lol if only the right had money. https://www.inquirer.com/politics/clout/david-mccormick-super-bowl-ad-lets-go-brandon-20220214.html Left unmentioned (and probably un-leaked by the McCormick campaign) was that it ran in just a single market, Pittsburgh, with only $70,000 behind it. For comparison’s sake, you need $1 million to make a real statewide dent on TV. —- Dude couldn’t afford more than $70,000. In the words of our former one term President who lost by the most votes ever #sad.
  23. Dear Elon, help Canada replace the less than 9 percent of truckers that would leave the workforce: https://www.wired.com/story/what-does-teslas-truck-mean-for-truckers/ If they’re part of these protests and leave the workforce willingly hopefully Canada takes away any benefits like unemployment they could get.
×
×
  • Create New...