/biz/ - Business & Finance

[Anonymous No.55407284]

>biz will defend this

[Anonymous No.55407288]

>>55407284
Neither should be "cancelled."

[Anonymous No.55407292]

>1pbtid twitter post of retarded /pol/ bait on /biz/
much more likely /biz/ will just call you a stupid faggot

[Anonymous No.55407294]

>>55407284
why the fuck is anybody defending taxation above the 19th century level?!

[Anonymous No.55407301]

I defend nothing. I wish for my taxes to be as low as possible and you can donate to the IRS as you see fit. Stupid faggot.

>>55407292
Great idea

[Anonymous No.55407308]

>>55407284
you're a fucking stupid faggot.

[Anonymous No.55407309]

>>55407284
>Cancelling $1.7T in taxes for 600 billionaires
Things-that-didnt-happen.jpg

[Anonymous No.55407328]

>>55407294
much harder hit europoor here, it's the jews

[Anonymous No.55407329]

>>55407284
They won't/can't do student loan relief right now. Freeing up all that equity for people who are looking to buy a home will heat up the real estate market again. Real question though. I never went to college, do I get a $10k tax credit?

[Anonymous No.55407332]

>>55407284
Student debt forgiveness will pass. Screenshot this and check'em

[Anonymous No.55407333]

Fuck dem kids.

[Anonymous No.55407339]

>>55407284
The reason why you’re poor is because you can’t stop buying and eating cake
Try to save your money instead. Oh wait but you’ll have an excuse for that too

[Anonymous No.55407351]

>>55407332

[Anonymous No.55407372]

>>55407284
Everyone always wants the government to pay this debt, but no one ever points to the real villains here. The universities.

They purposely charge exorbitant feeds because they know students will get approved for loans. They spend millions of dollars on athletic programs which don't make any money. They fund liberal arts programs which they falsely guarantee will lead to a decent job. They force students to take and pay for a "core curriculum" which does nothing to help them get jobs And all the administrators are rich as hell. Personally, I think they should be held accountable. If that means most of them shut down, good. We are too saturated with universities anyways, and we should be emphasizing trade school more.

[Anonymous No.55407376]

>>55407284
>debt niggers seething
based
eat my shit faggots KEK

[Anonymous No.55407434]

>>55407284
step 1 is to stop guaranteeing student loans from the government, step 2 is going to be putting a cap on how high intrest payments can be for the current holders
step 3 is the death of neocon/neolib dichotomy and the jews they work for. that shit about billionaires in the image probably isn't true, but they almost all got there because the government was giving them other peoples money, theft by roundabout means. This is going to be the hardest part as the billionare jews have funded and infiltrated every political position anyone is willing to support to some degree. fortunately they're all really old and have retarted kids, so even if they stop all current opposition, they'll die before the 2030's, it's why they're going hard on orwellianism and easy on communists. It's one last spiteful moment.

[Anonymous No.55407437]

>>55407372
1.7T is literally nothing if you simply zoom out, but go off king. (didn't read)

[Anonymous No.55407514]

>>55407284
One makes houses moon the other keeps stocks low so I can slurp

[Anonymous No.55407518]

Ban usury and hang usurers

[Anonymous No.55407527]

>>55407284
Those billionaires know the tax law. It not their fault goyim are stupid.

[Anonymous No.55407540]

>>55407518
>usury is BAD!!!!

Why would I lend you money and not expect anything in return? Money isn’t free. I’m sorry but I need to make a profit too as lending is incredibly risky.

inb4 Jewish. Yeah and?

[Anonymous No.55407554]

>>55407540
You shouldn't lend money, you should be hanged.

[Anonymous No.55407685]

>>55407284
>first option is to NOT throw wealth into a money sink
>second option is to throw wealth into a money sink
I would be all for taxing billionaires if I knew it isn't going to fund passive genocide.
I would be all for free education if I knew most students aren't studying useless degrees while wasting money on ordering food and renting in expensive cities when they could just live with their parents and enroll in a local college.

[Anonymous No.55407700]

>>55407288
/thread

[Anonymous No.55407710]

>>55407284
You niggers bailed out the banks

[Anonymous No.55407889]

>>55407284
People are far too captured by "the present" this is a problem that will solve itself. I mean, now a day EVERYONE and I mean EVERYONE has a four year CS degree and is poised to make a starting salary AVERAGE MINIMUM of 240k TC. Before they know it they will have roughly 350k to 400k others will bet 550k +. Bascially everyone will get that path, those loans aren't a problem with that kind of TC. Ditto with housing prices et all. People will have the TC no problem to deal with the costs.

[Anonymous No.55407961]

>>55407540
You wouldn't need 40 year loans to buy a house if we didn't have 40 year loans going on for 80 years

[Anonymous No.55408048]

>>55407372
>The universities.
without fiat money, the government can't guarantee those loans and absorb them into the balance sheet
without those loans, unis have to be competitive and cut costs

everything traces back to fiat
which traces back to "Trust" being an acceptable part of the system or society in general
when it should actually be shunned and frowned upon

[Anonymous No.55408478]

>>55407540
Okay let's compromise. You can have interest but you can't charge more than 1% ever. You still make money and people don't get ass raped by you. Everyone wins.

[Anonymous No.55408901]

>>55407284
>>55407284
>NOOOOO YOU NEED TO TAKE MONEY FROM PEOPLE
>YOU ALSO NEED TO LET PEOPLE NOT PAY BACK MONEY THEY BORROWED.....BECAUSE TOI JUST CAN'T OK? OY VEY!

[Anonymous No.55408970]

Hey
Basically I'm just not gonna pay back the loans
I know.... UGH I know ..... I'm sorry!!!!!!!!!!!!!!!!!!!!
It's just that I'm not gonna pay them is all
HAHAHAHAHAHAHAAAHAHHAHAHAHAHA

[Anonymous No.55408973]

>>55407284
Believe it or not, there is a case to be made for this being disinflationary.
All things being equal, billionaires and even companies would not spend that cash, since billionaires can only consume so much, and companies can only invest in so much (what with them being constantly pressured to "create jobs" too), both mostly just let it sit or circulate in the financial markets. The government, on the other hand, spends it immediately on real goods and services. There is the intuitive belief that "billionaires should pay their fair share", but they don't have to make any personal sacrifice like a household having to sell the car would. The two options are:
>keeping the money sloshing around in financial markets or
>spending the money, contributing to inflation (and malinvestment, if you are of the belief that the government doesn't allocate capital efficiently), and then letting it slosh around in the financial markets.
The student loan debt, while crippling, if forgiven, would have a similarly inflationary effect, as money allocated to loan payments would henceforth be used for further consumption (and then, reliably, there'd be complaints about inflation). The difference would be that the cost would be socialized via inflation, affecting people without student loans too. Leaving aside the issue of elite overproduction due to all "non-elite" jobs getting squeezed over time being the root cause of student loan debt crisis, this would literally be an instance of socializing the losses. It's not just banks that do this, we all like to have our losses socialized. Of course, the losses, even if socialized, still do exist, and if they show up nowhere else, they show up in maximally dispersed form in the general level of prices. In a sense, inflation is the junkyard in the allegorical monetary landscape, where everyone just "socializes the losses" into. The analogy is fairly close, physical junkyards are there to "pool the (material) losses" of the economy.

[Anonymous No.55408997]

>>55407540
People always blame the "usurers" - after taking out the loan, I might add, and without wondering why one suddenly has to take out $100K loans for a university education that, in nowadays most cases, available for maybe a few hundred dollars.
They're all trying to get into the university-spots for the certification (substantially), but since there are more people than spots, the price per spot keeps going up, necessitating the taking on of an unlimited amount of debt, for the interest payments on which one can then, as said, blame "usurers".
Though, in fairness, people were also told, if not a thousand times then not once, than "going to college" was the only way to avoid being a homeless vagabond, in addition to jobs not requiring college degrees being outsourced or automated away, and the earning power income from most jobs shrinking, so they're not strictly speaking acting irrationally. If nothing else, people are doing what they've been told all their lives ("going to college").

[Anonymous No.55409003]

>>55407332
>>55407437
If it's literally nothing then pay for it yourself, leech.

[Anonymous No.55409020]

If I'm paying the government a portion of the money I earned as income tax, it does not matter how much that income tax may be reduced - it is NEVER a "handout" from the government, it's ALWAYS a "handout" to the government.

If I'm paying the government back student loans, ANY reduction or "forgiveness" of that loan is ALWAYS a "handout" from the government.

These are opposite scenarios, and it is intellectually dishonest (if not borderline retarded) to represent them as similar scenarios.

[Anonymous No.55409054]

>>55407540
No, Shlomo. Just no.
Let me explain to you your own system: it always fails and always ends with “and suddenly for no reason at all…”. the risk for lending can be compensated with participation in future earnings, that way you have the same risk and same reward as the entrepreneur. Usury really means debt based economic system. It’s preferred because it grands fastest growth and a silent taxation and wealth transfer from bottom to top. But always ends in maximum disaster. We do not need your type. Cause what you really do is borrow cheap (as a bank from the CB) and lend out expensive to the goyim. You are only a parasitic middle man in that case. If you want return on your assets do something else than usury

[Anonymous No.55409059]

>>55407284
Both are off the back of the regular mid income worker. Billionaires and gender studies are both wankers.

[Anonymous No.55409111]

>>55407284
Forgiving student debt without making usury illegal doesn't change anything. In ten years time you'll have the same problem.

[Anonymous No.55409318]

>>55407284
Yes.

[Sage No.55409325]

>communism
Holodomor

[Anonymous No.55409386]

>>55408970
Based

[Anonymous No.55410233]

>>55408997
This. They fall for memes about college and go to a fancy private college to study music or something. Then wonder why no one wants to hire them above a Starbucks position.

[Anonymous No.55410237]

I become more "eat the rich" left wing by the day.
Help me bros.

[Anonymous No.55410252]

>>55410237

I got you senpai, stand still

[Anonymous No.55410270]

>>55407284
making 50 million people tie up hundreds of dollars a month in servicing old stinky jewish bank debt which was printed out of thin air, thereby preventing their participation in the broader economy, is BASED and REDPILLED and the surest path toward macro scale economic prosperity.

[Anonymous No.55410278]

>>55407284
The guy in the presidential office drafted the bill making it impossible for you to default on your student loans. And yet the same people crying about student loans defend the guy that put them in that position.

Stupid faggot.

[Anonymous No.55410385]

I never understood this desu

Here in Germany even the best universities are basically free, it all depends on your grades wether you get in or not
Healthcare is also free and pretty reliable(with flaw's like everywhere)

The welfare is also covering more people, you are actually guaranteed a save amount of money for basic living even of you refuse to work

None of this is the case in the US so one would think that in order to even things out Americans have to pay WAY less taxes then we do but that's also not the case
It just doesn't add up, where does the money go?

[Anonymous No.55410398]

>>55409054
Nigger

[Anonymous No.55410406]

>>55410385

University was quite affordable in the 70's. Extreme price inflation happened due to a few things:

>The FAFSA system (state backed student loan financing) meant literally everyone with room temperature IQ could qualify for loan money where university was more selective in the past
>this created a deluge of endless demand for uni
>unis took advantage of this by steadily raising prices
>they put that money into eternal endless administrator bloat (there are now 30x as many admins per student as there were in the 60's)
>admins hire more admins

Basically, the issue was federal subsidies. When universities were fewer and more limited, and people had to pay out of pocket unless they were brilliant, prices were reasonable.

[Anonymous No.55410435]

>>55410385
our economic system is one of middle man scams or outright grifts. look at the top companies in the fortune 100 list. health insurance companies, medical device wholesalers, pharmas, etc.

[Anonymous No.55410440]

>>55407540
Because fake money in the market drives prices this or that way and fucks with reality all the while you are sitting on your ass making a living doing literally nothing.

[Anonymous No.55410451]

>>55410435
>our economic system is one of middle man scams or outright grifts.
Uhh we call that the "service economy" and it's proof of how enlightened and intelligent we are. You think you actually need to make physical objects to create value hahahahhaah so primitive hahahahahahah

[Anonymous No.55410963]

>>55409003
>t. doesn't understand relative quantity

[Anonymous No.55411052]

goddamn you burgers got finessed hard for decades now when you have to take out loans just to take an education

[Anonymous No.55411058]

>>55407284
chuds need to be lined up against the wall and executed.

[Anonymous No.55411067]

>>55409003
you are living a delusion if you think dollar debt should have to be paid back at this point. fiat. debt. lmao what? who could support this shit

[Anonymous No.55411104]

>>55407329
No crybaby bitch

[Anonymous No.55411114]

>>55407329
holy shit another boomernigger tier take living in the past. you realize every nigger with a kid gets like 5k every year right? yet are you crying about that? where's your 5k tax credit?

[Anonymous No.55411122]

>>55411114
Funny I was considering making the exact same point. Angry low iq cretins don’t want any other tax cut applying to everyone, just education loans

[Anonymous No.55411138]

>>55407540
We've exiled you before, and we'll do it again.

[Anonymous No.55411152]

>>55408973
>disinflationary
prices will just keep going up NO MATTER WHAT, moron

[Anonymous No.55411163]

>>55407284
Have fun getting me to pay back with my $0 income.

>inb4 get back to work wagie

[Anonymous No.55411200]

>>55411163
This, too many borrowers are too poor/dead to pay them back. This shit is defaulting after a few months, if not immediately.

[Anonymous No.55411251]

>>55411163
>>55411200
It will simply follow you for life. You've been filtered. I don't see how this is any kind of win. You are literally barred from entering a certain stratusyof society due to your lingering, insoluble student loan debt. You're a slave and you don't even know it. You have no comprehension how a free man thinks because in the back of your mind, you have this shackle around you.

[Anonymous No.55411274]

>>55411251
kill yourself doomer chud the jews will simply be killed and the debt holders will owe no one.

[Anonymous No.55411345]

>>55411251
>says he's free while still posting on /biz/

Your life is as worthless as anyone else's.

[Anonymous No.55411471]

>>55407540
>Yeah and?
Good bait honestly

[Anonymous No.55411490]

>>55408997
>>55410233
>without wondering why one suddenly has to take out $100K loans for a university education that, in nowadays most cases, available for maybe a few hundred dollars
Because most people are plebs? Because they literally can't help themselves from getting screwed by this and need an Autocrat to protect them from vampires like you?

[Anonymous No.55411501]

imagine paying taxes lol

[Anonymous No.55411569]

>>55407284
These billionaires provide goods, services and jobs to the US via their companies etc.
Students provide nothing, they're just lazy fucks who are smoking and drinking all day, getting useless degrees while living in their woke bubble. 95% of students are anti-western commie leeches, let them suffer.

Dont get me wrong, I used to hate on ultra capitalist billionaires because they're quite literally killing people, be it thorugh their producs (filled with poison) or straight up working people to death but I've realised that the average consoomer normie is just cattle. They cant think for themselves so I dont care about them anymore. Billionaires realised that the people are just worker drones and treating them as such is quite based if you ask me. I dont think Klaus Schwab is wrong anymore. People get what they vote for.