General statistics
List of Youtube channels
Youtube commenter search
Distinguished comments
About

Mike W
Forbes Breaking News
comments

Comments by "Mike W" (@MikeW-dz7ij) on "Biden Announces New Mass Student Loan Relief Proposal For More Than 30 Million People" video.

@joannacallaghan4550 The government doesn't own any banks. There is no overstepping 🤣
1
@randomchord Why would we need any more money if the money has already been paid out?
1
@randomchord forgiveness is not a debt transfer. Please educate yourself
1
@randomchord doesn't add a single penny to the deficit lol
1
Why wouldn't it happen?
1
138 billion has already happened
1
Nobody is making tax payers do anything. lol
1
Nobody has to pay off forgiven debt. Thats the point
1
The government doesn't control your mortgage or utilities.
1
@kathleenmiller3288 HOW are you paying more because of the government? Explain please
1
@kathleenmiller3288 You think corporations are going to lower costs just because the economy is doing so well? hahaha
1
@kathleenmiller3288 This has nothing to do with taxpayers. Does not involve tax payers whatsoever
1
We have already forgiven over 138 billion. Never say never. hahaha
1
@InventorKnight Still wrong
1
@InventorKnight not even close. Please educate yourself.
1
@InventorKnight Funny how republicans have no problem when they are forgiving there own loans
1
@MKultraInstinct Not even close to treason even if this was true, which its not.
1
@MKultraInstinct Immigrants cant vote. Please educate yourself
1
Nothing about this goes against the court
1
@mattwilliams3427 Again, national debt and student debt are two differnt things lol.
1
@mattwilliams3427 There are no follow on costs. Do you not understand how loans work?
1
@mattwilliams3427 The total student debt is 1.7Trillion. Nobody is refuting that. lol But that has no relation to the national debt. Thats the point
1
@mattwilliams3427 You called it the national debt. lol
1
@mattwilliams3427 Yes, forgiveness means it just goes away.
1
@mattwilliams3427 What "follow on" costs do you think there would be? Specifically
1
@mattwilliams3427 the debt is forgiven so there is no debt for anyone to eat. What dont you get about that?
1
@mattwilliams3427 You called it the national debt before you edited your post and started backtracking.
1
@mattwilliams3427 Why would there be repercussions if the lender forgives your loan?
1
@mattwilliams3427 There are no banks involved in this. Just proving that you have no idea how these loans work
1
@mattwilliams3427 There is no federal budget that gives a 500 billion estimate. Notice how you have no source.
1
@mattwilliams3427 A federal loan is when the GOVERNMENT acts as the lender. Not a bank. Please educate yourself
1
@mattwilliams3427 The government is deciding NOT to recoup the money. Thats literally the point lol
1
@mattwilliams3427 You dont know where the government gets their money from? 😂
1
@mattwilliams3427 Committee for a Responsible Federal Budget report says that number is the amount of money that would be forgiven if the admin fulfilled its entire promise. NOT that it would affect our current budget.
1
@mattwilliams3427 The committee report is talking about lost repayment revenue, not additional cost on future budgets
1
@mattwilliams3427 Nobody is paying the governments loss of income. No need to.
1
@mattwilliams3427 The bank is example is an exercise in how you dont understand how federal loans work😂
1
@mattwilliams3427 You still haven't been able to actually articulate HOW this is costing us money lol
1
@mattwilliams3427 Loss of income is not categorized as cost. Cost is something that has to be paid. Everything has already been paid. Nobody is demanding more money or taxes. There is no government effort to recoup any losses. No budget has been or is going to be reduced.
1
@mattwilliams3427 Please continue proving how you have no clue as to what you're talking about lol
1
@mattwilliams3427 Loss of revenue IS NOT called cost. Just because you say it doesn't make it true
1
@mattwilliams3427 There is no new money required. Have your taxes changed? No? Has a service been reduced? No? Didn't think so
1
@mattwilliams3427 Nobody is forcing anyone not to repay their loan. Its an opt in program. and it still doesn't make it a cost. Cope
1
@mattwilliams3427 Over the last three years the admin has forgiven over 138 billion. What taxes have increased? What programs have been reduced because of it? Specifically.
1
@mattwilliams3427 I read the report. Doesn't say anything about additional cost. Swing and a miss
1
@mattwilliams3427 If there is no additional cost, than there is no cost since everything has been paid for long ago. So again, whats the problem?
1
@mattwilliams3427 No taxes have been increased. No programs have been cut. Whats the problem?
1
@mattwilliams3427 They PREDICTED that over two years ago. Never happened. Dunked. Swing and a miss.
1
@mattwilliams3427 " based on the assumption that policymakers would need to make up for the total tally of the forgiveness" Turns out there was no need. Try again lol
1
@mattwilliams3427 You just proved once again you dont know how loans work. If I loaned you money and then said you didn't have to pay it back it doesn't somehow cost me more money lol
1
@mattwilliams3427 Colleges where paid in full by the government at the time the student was at school. So if the school has been paid off, why would it be costing the government more money?
1
@mattwilliams3427 Nobody's taxes have gone up so the cost to blue collar workers is ZERO
1
@mattwilliams3427 Funny how you're so triggered by a wrongly predicted tax increase of $100 hahaha
1
@mattwilliams3427 Loss of revenue is loss of revenue. Not cost.
1
@mattwilliams3427 You keep talking about recouping yet no programs have been cut and no taxes have been raised. Nobody is even talking about doing so lol
1
@mattwilliams3427 Forgiveness programs have been going on for three years. 138 billion forgiven No tax increases. No program cuts. No costs
1
@mattwilliams3427 There is no out of pocket expense nor is there a missed opportunity. Another swing and a miss.
1
@mattwilliams3427 There is no cost, whether you like it or not lol
1
@mattwilliams3427 You said that we are making "blue collar workers pay for spoiled kids’ education" yet you cant demonstrate that any blue collar worker has paid a dime or has lost any benefit.
1
@mattwilliams3427 138 billion forgiven. Not one program cut or tax increase. Fact
1
@mattwilliams3427 Cant show that any blue workers taxes have been cut or programs reduced despite there already being 138 billion in forgiveness eh? Thats what I thought
1
@mattwilliams3427 You said estimated 1000 over 10 years. Thats 100 per year. Simple math. And that was two years ago and it NEVER happened despite all the money thats already been forgiven. Soooo
1
@mattwilliams3427 Strange how you cant show any "costs" to any workers. Whats taking so long?
1
@mattwilliams3427 So no cost to taxpayers, no programs reduced, just as I said. Got it. Better luck next time!
1
@mattwilliams3427 A reduction in tax refund is not the government keeping more. Thats not how refunds work
1
@mattwilliams3427 Why would you be refunded the same amount when you didn't pay the same amount in taxes? The refund is lower because you didn't have to pay taxes against your loans lol Another swing and a miss
1
@mattwilliams3427 The government is not reducing refunds to increase revenue. refunded are reduced because you're tax obligation was reduced.
1
@mattwilliams3427 and I just checked, the IRS is saying that the CURRENT tax refunds have been 29% less. Has LITERALLY nothing to do with loan forgiveness. "As of Feb. 2, the average refund is $1,395, down about 29% compared to one year prior". Wrong again.
1
@mattwilliams3427 Its not a warning. Its just how this tax season went. Tax refund math hasn't changed. Has nothing to do with loan forgiveness. Nice try though
1
@mattwilliams3427 IRS says that as incomes catch up with inflation changes from 2021 and 2022 people are not overpaying as had. Thats why refunds are lower. 🤣
1
@mattwilliams3427 Don't get upset at me because there is no cost to blue collar workers or reduction in government programs as you tried to claim. Get over it
1
@mattwilliams3427 he government is refunding the same as it always has. Peoples incomes have just changed and therefore aren't overpaying as much. Thats what the IRS said.
1
@mattwilliams3427 "Some tax experts say refunds could end up being much bigger in 2024, with some people receiving up to 10% more than they did last year" Fox business
1
@mattwilliams3427 "For anybody whose income did not outpace inflation, they should do better," Mark Steber, chief tax information officer at Jackson Hewitt, told FOX Business. "It's not even voodoo or marketing spin, it's pretty much just science." so if they DID outpace they have a smaller refund
1
@mattwilliams3427 The government is not getting additional revenue from the decrease in refund sizes. proving you wrong is too easy lol
1
@mattwilliams3427 Lets recap No costs against blue collar workers No reduction in government programs No revenue increases though refunds being lower this season. Not looking great for you hahaha
1
@mattwilliams3427 Except nobody taxes have increased whatsoever and the IRS isn't keeping additional tax refunds. Its like you're wilfully trying to not understand these basic facts.
1
@MKultraInstinct You dont even know what gender is lol
1
Show us a loan that comes with 300% interest please
1
This doesn't involve current students or taxpayers
1