So you cant take out more than like $12k USD as it is capped and you dont actually have to begin paying it back until you make enough money to do so. Maybe socialism is working and winning elsewhere for a reason???
Reposted from @huffpost - You’d think former Wisconsin Gov. Scott Walker would understand tax policy.
Of course, you’d also think he’d know better than try to beat freshman Rep. Alexandria Ocasio-Cortez (D-N.Y.) on Twitter.
Walker failed on both counts Tuesday when he tweeted a smarmy attempt to criticize the congresswoman’s proposal for a 70 percent marginal tax rate on annual earnings above $10 million to fund a Green New Deal and fight climate change.
Under her plan, the majority of Americans, who don’t earn that much, would pay a much lower share of their income, and the average tax rate for working Americans could go down.
But not the way Walker explained it: "Explaining tax rates before Reagan to 5th graders: “Imagine if you did chores for your grandma and she gave you $10. When you got home, your parents took $7 from you.” The students said: “That’s not fair!” Even 5th graders get it," he wrote on Twitter.
Luckily, Ocasio-Cortez sprang into action, schooling the recently ousted governor that his analogy was completely wrong and proving that her Twitter game remains supreme. 📸: Getty Images - #regrann
Reposted from @nowthisher - Rep. Alexandria Ocasio-Cortez (@ocasio2018) spoke about fighting for justice at a #WomensMarch2019 rally in NYC on Saturday. Her advice for women who think they need to be polite? ‘Shake the table.’ ✊ - #regrann
THE CHAMPS ARE HERE! KINGDOM AND DYNASTY DEFENDED!!! SEE YOU AT THE BOWL!!!!!
Reposted from @extratv - “Extra” caught up with Lindsay Lohan in NYC at the premiere of her new MTV reality show “Lindsay Lohan’s Beach Club,” where she dished on the series, rumors of a “Mean Girls” sequel, and her reaction to Ariana Grande’s “Thank U, Next." - #regrann