Where would the $ for Obama's tax credit for community service for college for high school students come from?

would this come out of taxes? / have any effect on the economy? / do you think it would be beneficial?

Where would the $ for Obama's tax credit for community service for college for high school students come from?
Obama's going to cure unemployment, immigration and education problem with one simple thing: the draft - just like JFK did.





See ya when you get here - I'm waiting!





Even though soldiers make far less than $250K, you can bet they will pay no less under Obama - so after your four years of military service, he will slowly refund it back and call it college benefits.
Reply:WHERE IS ANY OF HIS SUPER DUPER PROGRAMS TO BE PAID FOR, BY YOUR TAXES NATURALLY, NO DEMOCRAT HAS EVER CUT TAXES, HE IS A SNAKE OIL SALEMAN
Reply:Yes.





Yes, less money in the tax-payers pocket means they spend less.





No.
Reply:CBS hired an independent company to look at Obama's promises and they determined even if the war in Iraq ended he would still be 90 Billion dollars short to cover the costs. They asked him where the rest of the money would come from and he said "I'll find it somewhere". Isn't that what happened to the sub prime loans? Gave people houses they couldn't afford hoping they would find the money "somewhere?"





That came from CBS not FOX.
Reply:Ultimately out of your and my pockets. He's got to get the money from someplace and it's gonna be taxes. It would result in a certain amount of wealth redistribution, but I'm sure that it would not be just the rich whose wealth would be redistributed.





(Of course he'd have that ole govt printing press too, but that would just create inflation).
Reply:I believe he said he was going to get rid of programs that weren't working, update those that were, and the product of that ambition would free money up for some of these other programs.


Taxes, are a fact of life. They pay for everything.


When you educate people, there is always a benefit from it. Education is an investment. Instead of paying people to stay home, (the welfare programs) teach them a skill so they can be better, and it makes the country better.


The money will come from tax money ... it's not like the wealthy people are going to dole out any pocket cash. So of course it has to come from taxes, but at least it's an investment in the right direction.
Reply:There is no free lunch. The money will come from the taxpayer ultimately, and like Medicare, when colleges figure out the government is paying, they will raise their prices since it's the government who is paying. Irony is the college graduates will be the ones working and paying higher taxes due to the "free" government money. LOL.
Reply:This is one of the few ideas that Obama has that I actually like but I also question where the money would come from. It would almost have to come from raising taxes some where else because I do not see him cutting spending with all the programs he is promising. As I said I think this is a noble idea but it will not happen without passing the cost to the working class.
Reply:Yes, it would come out of taxes. Who will be paying for the illegal immigrants, non-tax payers, and dirt bags. So if you make 50,000 or more. Oh wait, no they changed that. If you make 100,000 or more, no wait they changed that, too. If you make 150,000 or more, NOPE they changed that one too! If you make 200,000 or more, nope they changed that too. If you make 250,000, oh wait they changed that too! I guess they just can't think of a good amount of money to tax the middle class on.