I'm no Democrat, but what the fuck?
WHY????
DEFEND THIS NOW
Charles Myers
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Hudson Williams
If that's what makes or break your decision to go to grad school, you shouldn't be going.
I was years into it before I even KNEW there was a tax break, and then I didn't believe it for another year.
Besides, we don't need another Ph.D. in "Sodomy and White Genocide"
Nathan Williams
Take out a loan you fucking retard. If you're not getting a useless degree you should have no problem paying it back
Aaron Carter
of course it's the government just arbitrarily making it so, probably has nothing to do with the way
>American education
is run
Connor Walker
Universities in general are pretty much directly responsible for all the problems in the country right now, I'm totally fine with this.
Anthony Lee
that's true. unless he's going to med school, there's no reason to go to college.
Dominic Mitchell
>This
Christian Campbell
>KEEP PAYING FOR OUR MARXIST INDOCTRINATION GOYS REEEE
The CTR/Shareblue Shills and Payments:
docquery.fec.gov
thejidf.org
Carson Ross
Should only be going to college if you actually intend to study and get a useful degree. This whole notion of people going to college simply because people tell them too is so fucking retarded
Aaron Cooper
Republicans are just fucking cruel. Their Tax Scam is a total disaster. There are so many little hidden tid bits like this that fuck over the middle class.
Imagine you're a student making $15,000 a year (working part-time). You get a tuition waiver worth $40,000 from your university and let's say you're high skill and you do research for them.
Republicans are now taxing that $40k. It's not even fucking income. It's a waiver, a discount off your tuition.
All this to pay for tax cuts for billionaires.
Fucked up man
Jason Campbell
I don't know guys. I'm no democrat either, voted Trump, but I'm not a big fan of this reform from the looks of it. I don't think it's fair that so many deductibles for middle class families get scrapped, and tax grad students at bracket levels they're not really in. I thought the whole point of a tax reform was to scrap taxes as much as possible, and I was looking forwards to seeing retarded social programs get scrapped too. But secondary education? I get colleges are a joke, but the paper they give you is worth something to a degree.
Lucas Howard
Why should students get free gifts when everyone else has to pay taxes of gifts? Dont hate, liberals are the ines that want to tax all the things but not what they like.
Easton Bell
Good.
Now you can become something useful.
Like a plumber, for example.
Juan Davis
((Capitalism)) is worse than cancer on your dick
Grayson Johnson
How the fuck are you supposed to pay let's say a 20% tax on $40,000? Where are you supposed to get the money from? That's not even income.
Aiden Davis
>fuck over the middle class
>fuck over worthless college faggots
Wrong.
Asher Martin
This isn't tax reform. People need to stop calling it tax reform. It's a tax scam to pay off their donors.
Hunter Cox
rural retard detected
lol say goodbye to the suburbs
Republicans are fucking over their own demographic
Blake Campbell
How else am I supposed to look down on tradesmen that make more than me without having a masters in cultural enrichment when I serve him his coffee?
Gabriel Perez
Anyone talented will get scholarships, anyone going into a useful field will pay it back.
I see absolutely no problem here. DESU the whole "go to college or be a failure in life" meme has to go, and this is coming from someone in a DDS program, not some dropout. For example, there is absolutely 0 fucking reason nursing school is a graduate school requiring a BS.
Essentially, start teaching stuff in high school rather than having it all be basic algebra and Civil War history, and make college more like grad school, and grad school more like postdoc programs.
Josiah Lewis
Good; it's a waste of time anyway.
Andrew Taylor
Dear leaf,
You're missing the part where someone making $15,000 would have no other taxes to pay
Not that it makes sense at all, just pointing it out
Logan Hall
It is taxable income insofar that it is an earned benefit.
My old company paid for my flights for work and they were considered taxable income.
Your real beef is with taxation at all.
Gavin Walker
>we must save the white race! Create families!
>kids now not as deductible as before
I mean, what incentive is there? I'm all for trickle down to some degree because I get that it can work and have seen it too. But I don't think it's fair that the top brackets get that much freedom and lower ones not as much. Why not get a flat tax then? Or scrap all the retarded funding for stupid shit we don't need. I'd be even willing to cut down on the military a little, and that's usually the one thing I'm cool paying for. But given how they're just misusing the money for retarded affirmative action ad campaigns, why bother? Not to mention all the welfare queens
James Foster
$12k actually but why the fuck would Republicans tax a fucking tuition waiver? It's not income.
You're talking about high IQ people here who will be working good jobs and paying high income taxes
Isaac Morris
>I was years into it before I even KNEW there was a tax break
This is a lie. Nobody starts a PhD without being entirely clear as to whether their program is funded and knowing that scholarships are not taxable income.
Caleb Rogers
it's never been taxed before
Colton Allen
>A fucking leaf
Landon Rodriguez
Tuition waivers have been taxable already since 2012. It was an OBAMA ERA TAX BILL.
schneiderdowns.com
MSM telling lies YET AGAIN.
I had to pay fucking taxes on that shit when I was a grad student in 2014-2015. It was considered earned income by Obama's admin because you are receiving something of monetary value for work.
Nicholas Ortiz
Read up on IRC 127 and tell me this isn't an already existing tax from OBAMA's era. Obama signed it into law in 2012.
Mason Jackson
Oh, darn. The world loses the opportunity to gain another Ph.D. in Lesbian Dance Theory.
We'll manage.
Brody Murphy
pretty sad when republicans have to lie about their own policies
House GOP tax plan would increase taxes for graduate students by roughly 400 percent
cnbc.com
GRAD STUDENTS ARE FREAKING OUT ABOUT THE GOP TAX PLAN. THEY SHOULD BE
wired.com
The GOP tax bill could be a disaster for PhD students
vox.com
Dominic Gray
>Your real beef is with taxation at all.
Yea, and I was under the impression that the whole point of the reform was to cut down on taxes. Not cut down at just the top and then have kids who can't afford to be taxed at those rates be the scapegoats for all the heavy lifting. What incentive do a lot of retard leftist kids have to invest and go the business route if they have to be making big money to reap the rewards? It's a big, daunting uphill battle, and making it harder to embrace entrepreneurialism won't make us win the culture war here.
Benjamin Moore
You're looking at it the wrong way, universities have been getting away with murder financially by granting waivers.
I would love to hear from somebody more familiar with university financials, but my guess is they grant these waivers so they can run up massive sums they then can manipulate with creative accounting. I bet these universities consider the 40k waiver a liability on their books, and then use their own assets (cash) to pay themselves, ultimately accounting for the entire thing some kind of in-kind donation that never gets taxed.
Basically these universities have set up a system where they get free labor for pennies on the dollar from hungry grads, and then use the 40k per pupil per year to reduce their taxable income. That's the punchline, and considering the filthy destructive ideas universities are fomenting, this scam should come to an end. The fact is, students will start demanding higher wages otherwise the universities slave labor dries up.
Fuck these people, I'm on to their financial scam.
Hunter Peterson
Yes, current graduate students are definitely complaining about this because they're already taxed and not because this is a new tax.
STEM need tuition too m8
Charles Bailey
LOL WTF WHY ARE YOU LYING?
I went to your link
>The American Taxpayer Relief Act of 2012 (Act), signed into law by President Obama on January 2, 2013, indefinitely extended the popular exclusion for employer-provided educational assistance under Internal Revenue Code (IRC) §127.
INDEFINITELY EXTENDS
Brandon Jackson
good. the fewer people going to (((graduate school))) the better
Ian Lee
Taxes are awesome and you should always be paying more.
Just ask every democrat.
Luis Watson
How the fuck are students supposed to pay income tax on non-income?
Bentley Jackson
We need more taxes man! Why should you get off at (((my))) expense?
Why not ask your uni to stop trying to turn schools into luxury resorts and your profs to take a reasonable salary?
Noah Fisher
Also this. If regular joe sixpackschmo gives his friend 40k in assets or services, the IRS will tax it. Of course my millennial brethren think they are special and deserve an exception because they are deciding to hit the snooze button on being a real adult, and instead stay in school until they are 30.
Guess what? You aren't special and you can't just get 40k in free services and not pay taxes on it, everybody else has to unless they are a charity.
Chase Jackson
Democrats cut taxes on the middle class. Raise them on the rich.
Republicans do the opposite.
Leo Bell
Maybe their colleges will teach them.
Asher Hill
This guy get it's it. Haven't done any accounting for schools but this seems likely
Brayden Sullivan
You realize that most of us here hate grad students, right?
Jaxson Reed
because to make america great again we must further reduce america's overall level of education and intelligence, duh
Julian Phillips
It was never taxable income before Obama yet they didn't bitch and whine when Obama made it taxable. Yet now because a "Republican" is changing the tax so kids actually have to use the degree they already have to work and earn the money they need to continue their education which is what EVERYONE has to do if they aren't in a field where teaching and research is a valid method of getting tuition waivers which is a good 50% of graduate programs.
Jackson Flores
Prof salaries aren't particularly high, it's school admin and amenities for undergrad life (who aren't affected by this) that sucks up more of the money.
Gabriel Bell
>Democrats cut taxes on the middle class.
Link?
Blake Scott
>employer-provided educational assistance
That is not a tuition waiver
Logan Torres
When you got to keep the population in check you got to make it too expensive to get educated.
We will eventually have a dumb subservient population to do our bidding
Gabriel Peterson
Jason Brooks
They have already been paying taxes on tuition waivers....this isn't new.
Lucas Fisher
so u admit he was lying
Connor Roberts
Listen dude, the real fight is to wean the masses off the government tit.
If you want to get a college education, fantastic! Good luck and god bless! But if you are demanding the state pay for or subsidize it, then that's the problem.
Read
Samuel Scott
no they haven't
u paid GOP shills are blatantly lying
Easton Rogers
>Government taxing people on money that it handed out to them
the inefficiency grows.
Joshua Martinez
Demand higher wages from universities for their labor.
That's the scam. The universities get 40k per year per pupil to offset their income and reduce their tax liability. Then they pay grad students a meager 15k stipend.
The universities are the ones getting away with bullshit financial tricks, and they will have to change policy otherwise the number of grad students will drop. To incentivize the students to come back they will have to increase wages that they subsequently pay payroll tax on.
It's a sound plan.
Nathan Jenkins
ah you didn't want an education anyway.
Wyatt Scott
Now I'm thinking
With all the Barista/fast food/entry-level positions now requiring at least a Bachelor's to get your foot in the door, is the GOP trying to drive down supply of degrees so they can raise demand?
I've been seeing required MASTER'S degrees for $45k/year jobs, are they trying to nip it in the bud?
Aiden Green
>The state pays for all graduate students
r u srs
However, the state does pay for graduate students in other countries, which means the US will start falling behind on research output.
Owen Clark
And more broadly, the expansion of administration into increasingly irrelevant areas; the school I went to has a LGTBBQP+ office and a tranny office, plus the usual suite of Dindu Promotion Groups (Admissions, Discipline, Finincal Aid, Diversity Office, etc).
Hunter Martinez
I'm getting my Master's with student loans. $32k is literally nothing for a Master's of Accounting. I'll pay it off within 3 years.
Austin Smith
>college makes you intelligent
Robert Ward
Are you retarded? How did you even file taxes?
Charles Adams
>not having your company pay for your degree
Why even go?
Isaac Collins
No, you don't understand that a college granting a student a tuition waiver is completely different from an employer providing assistance.
You gloat like you are proving him wrong, but you're using completely irrelevant info to back your claim.
David Brooks
>Also this. If regular joe sixpackschmo gives his friend 40k in assets or services, the IRS will tax it.
why r u constantly lying in this thread?
Is it because you're a GOP shill and u know their tax scam is a disaster.
>If you give people a lot of money or property, you might have to pay a federal gift tax. But most gifts are not subject to the gift tax. For instance, you can give up to the annual exclusion amount ($14,000 in 2017) to any number of people every year, without facing any gift taxes. Recipients generally never owe income tax on the gifts.
In addition to the annual gift amount, your can give a total of up to $5.49 million starting in 2017 in your lifetime before you start owing the gift tax.
Oliver Ross
For those people thinking that this is about BTFO'ing catladies from their marxist educations, I want you to know that this mostly affects STEM majors like myself as STEM paths are more likely to have tuition waived.
I'm a Ph.D. candidate in Mathematics (pure af), newly married, trying to finish and start a life and family. Please do what you can to stop this provision.
Jonathan Brown
What does affecting the supply of doctoral students to the rich have to do with any of that?
Oliver Rivera
There are many exemptions but in the eyes of the IRS scholoships have always been subject to tax
Bentley Cox
time to tax business owners now.
Chase Nelson
It's just Obamaleaf being a sperg
Jace Cox
u realize that was his link right?
it didn't back him up, it debunked him
holy shit u shills are failing
>Tuition waivers have been taxable already since 2012. It was an OBAMA ERA TAX BILL.
>schneiderdowns.com
>>The American Taxpayer Relief Act of 2012 (Act), signed into law by President Obama on January 2, 2013, indefinitely extended the popular exclusion for employer-provided educational assistance under Internal Revenue Code (IRC) §127.
Tyler Taylor
The university pays for your degree if you're doing research of value
Nicholas Russell
Maybe the university should just waive tuition for grad students in teaching roles instead of running their money laundering scheme
Easton Butler
> which means the US will start falling behind on research output.
But it hasn't. Hell, education spending in these US has shot through the roof since the creation of the DOE and what does these US have to show for it? Massive student loan debts and bullshit degrees.
The market can correct higher education but must be allowed to correct it.
Bentley Green
obfs.uillinois.edu
"Effective January 1, 2012, federal and state income taxes will be withheld....."
Jayden Nelson
Wow that's fucking huge
It was 14k with the option to give up to five years worth, 70k, in a single year
Estate tax planning BTFO
Adam Ross
AHAHAHAHAHAHAHAHAHA
there are some great grad students out there, really, but half of them are trash
Samuel Foster
ITT: America is so fucked man. Conservashits literally shill to fuck themselves over in order to give tax cuts to George Soros, Warren Buffett, Goldman Sachs, etc.
I can't take this right wing good soyim cuckery
Jonathan Lewis
I don't think comparing the market structures and incentives for bachelors degrees and doctorates is fair. Most going towards a PhD already bear the debt you're talking about, so being able to enter a funded research program is a bigger draw.
There are too many bullshit degrees, but this does not target that in particular.
Jeremiah Rogers
Forgiven debt is taxable in all situations you retard.
Why do we allow such uneducated people to live? Fucking drains on society
Xavier Green
>The universities get 40k per year per pupil to offset their income and reduce their tax liability.
Sauce, senpai?
Connor Morgan
>NOTE: Unless extended by Congress, the IRC §127 provision for graduate level educational
assistance will expire on December 31, 2012.
And Obama extended it
>>>The American Taxpayer Relief Act of 2012 (Act), signed into law by President Obama on January 2, 2013, indefinitely extended the popular exclusion for employer-provided educational assistance under Internal Revenue Code (IRC) §127. (You
schneiderdowns.com
Where are you paid shills getting these failed talking points from? I'm debunking them in 2.2 seconds
Grayson Nelson
Wahhhhh! HOW WILL I EVER BE ABLE TO WRITE MY SOCIOLOGY THESIS ABOUT MENSTRUAL BLOOD AND FECES AND MODERN SOCIETY NOW?!
FUCK YOU, BLUMPF!
WAHHHH!
Camden Reyes
College does not equal high IQ at all. IQ doesn't measure intelligence, it is a measure of aptitude.
You didn't used to need to go to college to get damned near any job, now you need it for every job with entry level positions requiring 5 years experience. Lol.
I don't hate college, I hate the meme that college is and that college students have become. Half you motherfuckers cant think your way through a tire change.
Kayden Reed
>median income family
>wages drop
>median decreases further into the poverty zone
>average tax bracket drops further into the non-taxable zone.
LOOK GUISE THE INCOME TAX IS DRUPPIN
HUR HUR HRU
James Reyes
>When you only need a pell grant because you are doing your course slowly
Sebastian Turner
>all graduate students are in humanities fields
Carson Jenkins
>You didn't used to need to go to college to get damned near any job,
It's not the 1960s where right wing retards can drop out of high school 16 and work the same factory job for 50 years. Deal with it.
Caleb Adams
Median income soared to record heights under Obama. Wtf r u talking about?
Jace Cooper
You know, you may win arguments if you didn't act like a neoliberal faggot from Twitter in every thread.
Jacob Evans
And real purchasing power crashed. Your point?
Oliver Hernandez
REPUBLICANS HAVE TO PAY FUCKING SHILLS TO LIE ABOUT THEIR OWN TAX SCAM.
HOLY SHIT
THAT'S HOW YOU KNOW IT'S BAD
Tyler Jackson
Why would we pay for people to learn lies from kikes?
Jonathan Clark
Hey retard, the 40k waiver isn't a gift from one individual or estate to another, it is a form of compensation, that's why it should be taxable.
Camden Baker
>whats is inflation?
>what is rising costs?
>what is unlivable wage?
Into the trash you go.
Ryan Miller
No it didn't. The USD soared under Obama.
Why do u retards constantly make shit up. All I do is massacre u every fucking time. You don't stand a chance. All u do is embarrass yourself.
Ayden Taylor
>taking tax rates into account when deciding whether or not to have kids
Do you who else does this, besides white people? Fuckin' nobody, that's who. Maybe some Asians. Maybe.