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1 Skip Intro  Jan 31, 2015 8:10:48am
Now that conservatives have decided to look like they care about the poor

No, I think that was only Romney, and now he’s gone.

It’s back to “Off with their heads” in Compassionate Conservative Land”.

2 Maggie's Pa  Jan 31, 2015 9:00:50am

Taxing the 529’s was just a very bad idea.

3 Eigth Immortal  Jan 31, 2015 9:06:34am

Well, thank you for reminding why I hate reading Slate. Who is this Reihan guy? Where does Slate find them? Do they advertise for “Must talk like Calvin’s dad?”

4 CuriousLurker  Jan 31, 2015 9:39:13am

re: #3 Eigth Immortal

Well, he’s been writing for National Review for a good long time, so that should tell you a little something about him.

5 Lumberhead  Jan 31, 2015 10:25:48am

re: #2 Maggie’s Pa

Taxing the 529’s was just a very bad idea.

Why?

6 Maggie's Pa  Jan 31, 2015 11:46:42am

re: #5 Lumberhead

Well for one, the money being put into them is post income tax.

7 Lumberhead  Jan 31, 2015 12:40:44pm

re: #6 Maggie’s Pa

Well for one, the money being put into them is post income tax.

If that’s the biggest problem with the idea then I’ll break out the world’s smallest violin.
FTA:

Only 3 percent of households actually make use of these accounts, and 70 percent of the tax benefits go to households earning more than $200,000,

8 Maggie's Pa  Jan 31, 2015 1:14:33pm

re: #7 Lumberhead

Since the program began in 2001, it hasn’t had enough time to be fully implemented. Also, it isn’t your money.

9 Eigth Immortal  Jan 31, 2015 3:18:00pm

re: #4 CuriousLurker

You know, I really should have seen that coming. His writing style has that Patrician voice the National Review seems to cultivate.

10 Lumberhead  Jan 31, 2015 3:32:36pm

re: #8 Maggie’s Pa

Since the program began in 2001, it hasn’t had enough time to be fully implemented. Also, it isn’t your money.

What money isn’t my money? Which money is your money?

11 subterraneanhomesickalien  Jan 31, 2015 5:32:56pm

The professionals that make up the upper middle class in todays America(Doctors, Lawyers, high end Accountants, Engineers etc.) Seem to have gated themselves off from the rest of the country.

Professions that were once in line with social status equating to teaching and middle class entrepreneurship seem to have created a class all to themselves.

I can understand why with the outrage that is the cost of higher education in this country that these people would like to be fairly compensated for it, but why should a radiologist make upwards of 300,000 dollars a year and drive a fucking Ferrari while a high school chemistry teacher, who is required to have a masters degree in most states now, make only 45,000 and drive a Volkswagen?

It cost around 200,000 dollars to be a doctor, and around 100,000 dollars be a teacher. But the pay scale is orders of magnitude lower.

WHY??????

12 klys (maker of Silmarils)  Jan 31, 2015 6:27:42pm

re: #6 Maggie’s Pa

Well for one, the money being put into them is post income tax.

Money I invest in the stock market is post income tax, yet I am still taxed on the gains.

If you wanted to argue that the initial investment should be protected and growth only should be taxed, I could agree with that. But the idea that gains are inviolate (and the proposal would have grandfathered in the existing balances) …any use of accounts with special tax treatment should be done with the knowledge that the rules are going to be subject to change.

13 aagcobb  Feb 1, 2015 3:40:51am

I often disagree with what he writes, but he does have a point. Good liberal Matthew Yglesias at Vox and formerly of Slate has pointed out that regulations restricting the independent practice of nurse practitioners and dental hygienists primarily serve to limit low cost competition for doctors and dentists, and if zoning regulations allowed denser residential construction in cities like San Francisco and New York, lower income people could afford to move there and make more money, not to mention the construction jobs that would be created. Of course these are local and state regulations, so there isn’t much the federal government can do about it.

14 Maggie's Pa  Feb 1, 2015 4:43:02am

re: #12 klystron

apples, oranges, etc.

15 socrets  Feb 1, 2015 7:14:12pm

re: #4 CuriousLurker

Well, he’s been writing for National Review for a good long time, so that should tell you a little something about him.

And, therefore, tells you about Slate and The Washington Post.

16 socrets  Feb 1, 2015 7:27:55pm

re: #11 subterraneanhomesickalien

The professionals that make up the upper middle class in todays America(Doctors, Lawyers, high end Accountants, Engineers etc.) Seem to have gated themselves off from the rest of the country.

Professions that were once in line with social status equating to teaching and middle class entrepreneurship seem to have created a class all to themselves.

I can understand why with the outrage that is the cost of higher education in this country that these people would like to be fairly compensated for it, but why should a radiologist make upwards of 300,000 dollars a year and drive a fucking Ferrari while a high school chemistry teacher, who is required to have a masters degree in most states now, make only 45,000 and drive a Volkswagen?

It cost around 200,000 dollars to be a doctor, and around 100,000 dollars be a teacher. But the pay scale is orders of magnitude lower.

WHY??????

I think a more appropriate analysis is that upper middle class Baby Boomers have gated themselves from the rest of society. Most newly minted professionals are either so heavily weighed with student loan debt that most of their income goes to paying it off or stuck working in unrelated part-time positions while looking for an entry level position in their chosen field. Furthermore, even if they were to get an entry level position, those jobs either have the same starting salary as several decades ago or now worth less in order to “save” money.

As to the higher requirements and lower pay, it’s because one is a government job, which derives its pay from tax revenue and if it’s one thing Americans hate, it’s taxes (Rot in Hell, GOP). From what I’ve seen the only jobs with high salaries are the ones that make the rich richer or cater to the needs of an aging population.


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