Subject: Re: That sound you just heard
Agreed.
I'm for forgiving the student loans (at least a lot of them). But the first-time home buyers thing seems pointless. Education is an investment in the future of our nation. Home buying, not so much. Giving folks an education will make them more likely to be able to afford a home on their own (and generally raise their standard of living). The population statistics show that pretty consistently.
I also think her tax cuts idea is misguided. Sure, she's targeting the middle class. But it is more economically sensible to raise taxes on the wealthy, though not as politically popular. She needs to bring the deficit under control since the last two Rep POTUSes blew it up. (As usual, the Dems have to clean up their mess.)
I was looking at my future IRMAA vs tax obligations, and I realized that above 47K the tax is 22%. Above roughly 100K it is 24%. A 2% increase. Really? That seems absurd.
https://www.nerdwallet.com/art...
Of course, I don't really like the "brackets" at all. There should be no cliffs you can fall off into another bracket. I think it should be a formula, probably an exponential. It would asymptotically approach (but never reach) 90%, so the more you make the more you pay (relative to your income) to a point. Then the wealthy really pay for the society that enabled their wealth.
Yes, voting for Harris. Not even an option not to.