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<blockquote data-quote="ZNP" data-source="post: 74743321" data-attributes="member: 426217"><p>If you provide free college this would be a very big benefit to the poor, since college debt is a very major line item in their overall net worth. However, it would benefit the rich since by definition poor people spend all the money they make, but with a college degree they would presumably make more (on average). That would also increase tax revenue without increasing taxes to the rich, another benefit to the rich.</p><p>Second, health care for all would also be a big benefit to the poor. It is not difficult to get hit with a $20,000 bill for a hospital stay, a minor inconvenience to the rich (especially since they most likely have health insurance) but catastrophic to the poor. However, the rich benefit as well because as a business owner you are not required to provide health care, and you also don't need to worry about your servants, as well as people you might bump into in the store or at work.</p></blockquote><p></p>
[QUOTE="ZNP, post: 74743321, member: 426217"] If you provide free college this would be a very big benefit to the poor, since college debt is a very major line item in their overall net worth. However, it would benefit the rich since by definition poor people spend all the money they make, but with a college degree they would presumably make more (on average). That would also increase tax revenue without increasing taxes to the rich, another benefit to the rich. Second, health care for all would also be a big benefit to the poor. It is not difficult to get hit with a $20,000 bill for a hospital stay, a minor inconvenience to the rich (especially since they most likely have health insurance) but catastrophic to the poor. However, the rich benefit as well because as a business owner you are not required to provide health care, and you also don't need to worry about your servants, as well as people you might bump into in the store or at work. [/QUOTE]
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