Originally Posted by
Mintjewlips
Obviously if you're a single person with no kids making 75k a year, you're not struggling to make ends meet. And you're single with no kids making 75k a year you were already getting ass raped with payroll taxes, paying 35% of your check to income taxes alone.
I seriously am having a hard time trying to think of any policy that obama or any Democrat helped enact in the past 8 years that helped a sheep like me, please enlighten me lewfather.
I have a problem with this thought process. First of all, because kids are a choice and I don't think that somebody should be awarded or penalized for having them. Many of us "75k a year" people are also burdened by massive student loan debt, because the cost of education has increased so dramatically. I'm currently paying a small fortune evey month servicing student loan debt. It has been a major deciding factor to not even have children. I've pushed that privilege off in my mind for at least another decade. I'm paying enough a month so that it's just as much a burden to me as a child would be.
If they are going to increase the tax rate on the middle class, then student loan payments should be tax deductible. I would like to go to graduate school, but can't even fathom the idea of piling on the huge debt load that would cost. In fact, people paying for college as they go rather than taking loans should also be able to deduct those payments. That would make much more sense. It's basically a government investment, because if they made it more practical for people to get educated, then they would in turn make more money and down the road pay the higher tax rate for many more years into the future.
Ultimately, the government shouldn't even be encouraging people to have more kids. The country is already heavily in debt and jobs have disappeared overseas. Even if Trump were to start to bring manufacturing jobs back there wouldn't be as many due to automation. It will still certainly increase jobs though, because somebody still has to develop, build, program, install and maintain those robots. It would have a major impact on the economy in a positive way, but there will still be fewer jobs and there is no way to change that.