Comments by "Logan S" (@logans3365) on "The Supreme Court Just Axed Student Debt Relief. What Happens Next?" video.
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@joec5544g your also right, it will leave you better off joining them than fighting them, but I don’t think about only me, I think about my children, their children, and everyone else who will come after me.
Your mindset is what got us here in the first place, while we may only live 80 years, it’s our personal responsibility to think beyond that and leave a better world for those who come next.
Sacrifice everything, your time, money, personal comfort, everything but your loved ones, lay down your life if you must, all for the future
If you don’t you will die wishing you had
Fight for the future, don’t submit too it.
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@joec5544g the statistic you are looking at only looks at income tax, so yes higher income people pay more income tax, but that statistic does not include corporate profits which are what is left over after everyone’s is paid, most rich peoples assets are protected under corporations not them personally, often these profits that makeup most of America’s total generated wealth are made to not be taxed at all, or be taxed very little.
So while it may look like they pay their share when looking solely at income tax, it is far from the truth when viewing the entire picture.
That’s not even counting all the extra taxes we pay that the rich can often avoid through corporate entities such as, sales, and property tax.
Also I’m not sure where you are pulling your extra $5,000 a year statistic from, given the cost of collage now, the number of people who pay taxes, and the lifetime they would be paying the $5,000, it seems like way too high of an estimate.
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@brucefrykman8295 not exactly sure what you are getting at, but value is generated by labor, for instance if I mine an ore, my labor created the value of that ore.
Wealth is created by exploiting that labor, say the ore is worth $50, I tell you to dig it up and then only give you $25 while keeping the ore, exploiting your labor to generate excess value to increase my wealth.
This is a simplified example, I could make it as complex and realistic as you want, but this is the base principle.
In my ideal world there would be no capitalist laying claim to the mine, and instead you get to keep $40 from your ore, $10 going to expenses to mine it.
This could be applied to almost everything
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