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Dec 3 2017 03:30pm
Quote (EndlessSky @ Dec 3 2017 03:29pm)
Medicare and social security are the reason for the debt. Both Democrat programs. Looking forward to your next redirect.


Nope, social security would be fully funded if it wasn't consistently raided, mostly by republicans.

Next show of ignorance please
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Dec 3 2017 03:32pm
Quote (Thor123422 @ Dec 3 2017 05:30pm)
Nope, social security would be fully funded if it wasn't consistently raided, mostly by republicans.

Next show of ignorance please


60% of the federal budget is SS, Medicare, and welfare entitlements. You are asinine.
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Dec 3 2017 04:15pm


The new tax plan isn't in effect yet.

The senate passed their versionj and the house passed their own version....now they have to argue about details, to end up with just one tax plan which they will present to Trump for signature.
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Dec 3 2017 05:02pm
Quote (Ghot @ Dec 3 2017 04:15pm)
The new tax plan isn't in effect yet.

The senate passed their versionj and the house passed their own version....now they have to argue about details, to end up with just one tax plan which they will present to Trump for signature.


The senate version CANNOT pass if we want to remain a science powerhouse.

They're actively disincentivizing achieving higher science education.

I mean, it's par for the course for Republicans, so sell out future generations for short-term benefit, and to make it more difficult to attain a science education, but we as a country need to recognize where our future is for once, and it''s not in tax breaks for the wealthy.
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Dec 3 2017 05:04pm
Quote (Thor123422 @ Dec 3 2017 07:02pm)
The senate version CANNOT pass if we want to remain a science powerhouse.

They're actively disincentivizing achieving higher science education.

I mean, it's par for the course for Republicans, so sell out future generations for short-term benefit, and to make it more difficult to attain a science education, but we as a country need to recognize where our future is for once, and it''s not in tax breaks for the wealthy.


Colleges over-accept students by a factor of three in STEM. Your entire knowledge of the world is a bunch of fortune cookie platitudes.
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Dec 3 2017 05:06pm
Quote (EndlessSky @ Dec 3 2017 05:04pm)
Colleges over-accept students by a factor of three in STEM. Your entire knowledge of the world is a bunch of fortune cookie platitudes.


I mean, that might mean something if I didn't constantly destroy you on literally every subject you post about, and especially destroy you in your own field of study.

Go back to your 15$/hour job tomorrow and brag about how you're making sooo much money.
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Dec 3 2017 05:13pm
McConnell optimistic of tax bill deal between Senate and House

https://www.reuters.com/article/us-usa-tax/mcconnell-optimistic-of-tax-bill-deal-between-senate-and-house-idUSKBN1DX0KX
Quote (Thor123422 @ Dec 3 2017 06:02pm)
The senate version CANNOT pass if we want to remain a science powerhouse.






/e

Quote (Thor123422 @ Dec 3 2017 06:02pm)
The senate version CANNOT pass if we want to remain a science powerhouse.

They're actively disincentivizing achieving higher science education.

I mean, it's par for the course for Republicans, so sell out future generations for short-term benefit, and to make it more difficult to attain a science education, but we as a country need to recognize where our future is for once, and it''s not in tax breaks for the wealthy.



I don't see where you are getting this.

All the tax cuts involving colleges and students are in the House tax bill, not the Senate tax bill...as far as I can find anyways.

This post was edited by Ghot on Dec 3 2017 05:24pm
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Dec 3 2017 05:25pm
Quote (Ghot @ Dec 3 2017 05:13pm)
McConnell optimistic of tax bill deal between Senate and House

https://www.reuters.com/article/us-usa-tax/mcconnell-optimistic-of-tax-bill-deal-between-senate-and-house-idUSKBN1DX0KX
/e
I don't see where you are getting this.


Part of the senate bill is that tuition waivers, which is how virtually everybody who goes to graduate school pays for it, will be taxed as income.

The current structure to attain a graduate level science degree is that you teach in exchange for a very meager stipend (usually 10k-20k a year) and get a tuition waiver.

So let's say that you get a 20k living stipend, and 20k tuition waiver.

Currently you would pay zero on 6350, 10% on 9325, and 15% on the rest.

So it comes out to 1581.25$ in income tax.

The new plan would have you pay zero on 12,000, 10% on 9525, and 12% on the rest. (income is 40k in new system, versus 20k in old system).

In the end you come out to 3169.25$ paid in tax.

You've basically doubled the amount of income tax paid by up-and-coming graduate students, who are the reason we are a science powerhouse in the United States.

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Dec 3 2017 05:29pm
Quote (Thor123422 @ Dec 3 2017 06:25pm)
Part of the senate bill is that tuition waivers, which is how virtually everybody who goes to graduate school pays for it, will be taxed as income.

The current structure to attain a graduate level science degree is that you teach in exchange for a very meager stipend (usually 10k-20k a year) and get a tuition waiver.

So let's say that you get a 20k living stipend, and 20k tuition waiver.

Currently you would pay zero on 6350, 10% on 9325, and 15% on the rest.

So it comes out to 1581.25$ in income tax.

The new plan would have you pay zero on 12,000, 10% on 9525, and 12% on the rest. (income is 40k in new system, versus 20k in old system).

In the end you come out to 3169.25$ paid in tax.

You've basically doubled the amount of income tax paid by up-and-coming graduate students, who are the reason we are a science powerhouse in the United States.





All I found is this...


Quote
The tax bill passed through the House last week. The most recent version of the Senate bill does not change the tax status of graduate student stipends, but it remains to be seen what will happen when the House and Senate come together to write a final version of the Tax Cuts and Jobs Act.




I would need a link showing that the Senate bill included these changes to the student and college taxes.
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Dec 3 2017 05:31pm
Quote (Ghot @ Dec 3 2017 05:29pm)
All I found is this...

I would need a link showing that the Senate bill included these changes to the student and college taxes.


I might have had it backwards, and that the House plan has the tuition waiver tax in it.

Either way, that's a very important part of hte bill that really SHOULD NOT be in the final version.
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