The reason you do blanket across the board measures is it's infinitely easier to implement and will cover the bases it was intended to cover from the get-go. I don't think you'll have a mass of people on the lower income scale complaining that doctors or lawyers also had their loans forgiven. If they do complain they're just assholes.Yea, it wouldn’t the premise of socialism as it is what incentives are we changing, (just like with taxes) is this a progressive or regressive benefit to society (rich people have more debt to have forgiven but will stay at their high income positions), and is this really necessary to address compared to how things are working now. Policies shouldn’t just be about throwing money at everyone and acting like that was a good move.
The US actually has a fairly low R&D credit compared to most countries and I wouldn’t see that as a bad thing just because it’s given to corporations. If you had a massive uneducated workforce, I could see a reason for that but the fact is the majority of people already see the long run incentive of higher education and are going. There are tax credits/deductions for tuition and student loan interest too.
Look at the $600/week benefit- it was implemented because it hit the majority of folks by guaranteeing roughly the median US wage, and the state systems would have taken months to implement any sort of income percentage system beyond what they already have(~50% of income).
I understand the positives of corporate tax credits. I just find it hard to support when poor and working folks can't even earn a wage to live, let alone save and invest with.
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