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Politics : Formerly About Advanced Micro Devices

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To: Tenchusatsu who wrote (292586)6/28/2006 7:13:43 PM
From: Road Walker  Read Replies (2) of 1574104
 
re: Nothing in life is "free." Not tax cuts, not the war in Iraq, not Social Security or Medicare, not even the universal health care that you are advocating.

No not free but universal health care is cheaper than the current system. And the tax cuts that primarily benefit the very rich, and the Iraq "war" (really occupation), are not decreasing your tax liability, they are dramatically increasing your tax liability. YOU will pay for the war, and the tax cuts for the wealthy. It's not if, it's when.

re: - "most of which will go back to the richest Americans in tax breaks" ... Congress already cut taxes years ago, and it's arguably helping the economy.

It may or may not be helping the economy. It probably is... if you put your mortgage payment on your cridit card every month you could probably live a pretty heady life.

re: Unless Congress is going to cut taxes again in conjunction with the cuts to federal assistance programs, I don't see that statement as being meaningful.

Wake up man! They are cutting nominal middle/lower class programs, giving tax breaks to the rich and the energy companies, and putting the debt on your back. Unless you project that you are going to be in the top 2-3% of income earners, you are being screwed. The debt part is done, now they are working on who pays it.

re: - "Congress dramatically boosted interest rates on loans." ... This after the interest rates were at all-time lows. That's why I keep my college loan around; the interest rate on it is so low that it would cost me more to refinance it into home equity.

So let's raise the college loan rates and give a tax break to the rich, so that at the margin 1000's of kids can't afford college.

The reason your "rate is so low" is that your fellow citizens thought it was a good investment of their tax dollars to help you get a college education. Why don't you think the same for the ones following you to college?
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