College Girl Solves The Student Loan Crisis...Says Rich People Should Pay For 100% Of College Tuition and Pay Off Everyone's Debt
Fox – College students across the country are protesting student loan debt, arguing that public university tuition should be free. Organizers of the Million Student March argue that students today are taking on “crippling” debt in order to obtain a degree, calling for outstanding loans to be forgiven.
On Fox Business Network this afternoon, one of the organizers spoke to Neil Cavuto, who wanted to know how all of this will be paid for.
Keely Mullen argued that the top one percent of earners in the United States are “hoarding wealth” and causing a “catastrophe.”
Cavuto pointed out that in recent years the one percent has seen their taxes go up to between 40 and 50 percent.
“How much more should they pay?” he asked.
Mullen countered that the one percent should be taxed until all of it is paid and families aren’t living in poverty.
He then asked what would happen if the wealthy responded by leaving the United States.
“There’s always gonna be a one percent in the U.S.,” Mullen answered, adding that the one percent can “absolutely” afford it.
Mullen said she and her friends would “absolutely” be OK with paying a 90 percent tax rate if they someday earn $250,000 a year or more.
An astonished Cavuto joked that one would have to be “high as a kite” to want to pay that amount to the government.
Cavuto said that even if there was a 100 percent tax on the most wealthy, it wouldn’t even be enough to cover Medicare for three years.
“I don’t believe that. That sounds completely ludicrous to me,” Mullen said, bringing up how much was spent to bail out the banks in 2008.
Cavuto said that the hypothetical 100 percent tax wouldn’t bring in close to enough revenue to cover the costs of the students’ demands.
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Wait is this how ideas work? I want to do this. I want all my student debt gone. I want free healthcare. I want my bank account to double every month. I want a Chipotle in the lobby of my apartment. Oh yeah that apartment, I don’t want to pay rent on it anymore. Can I keep going? This is awesome. Is that a hand raised in the back…what…who is going to pay for all that? Ummm I don’t know. Rich people. What? Rich people don’t have enough to cover all that even if you took 100% of all their money? Ok well who gives a fuck then. Nobody told me I had to come up with a way to pay for it. I thought we were allowed to just say awesome ideas that made us really happy? Is that not the game?