Why do we students have to pay so much compound interest for our education. Yet, Government is giving away so much welfare to corporation? Government seems to have money for everyone, expect for us student – the pillar of future civilization.
College students like myself attending full time have part-time job in evening. When we come home from work we study for tests and quizzes at night. How do they rewarded for our hard work? By increasing college fees!
In case some you didn't read Time article. For the first time since the early eighties, corporate tax loopholes will actually cost more than companies pay in income taxes in fiscal 2005, and 2007.What does it mean?
It means corporations never pay "taxes", what is regularly handed over to the Fed ultimately comes from the consumer. If the XYZ Company pays $1 Billion in "corporate taxes", it means, they had to overcharge their customers $3 billion. Also part of the billion is also passed on to employees, stock holders, capital improvements or even never collected in the first place resulting in a more competitively priced "read:less expensive" products.
So, when you read that companies pay billions in "corporate taxes" that means that the consumers (read:you) have paid billions more for products and services than what we would normally have to pay, or the stockholders received less return on their investment, or employees received less pay than they could have gotten.
3 comments:
Thank you, I've said this before about the current tax cuts. Bush's newest idea will only make state run colleges harder for the middle class and lower class to attend without the fear of being in debt for years from loans. It's impossible right now for a low income graduate to attend even a technical college. CamTech(Erie, PA) is gone because of lack of support. States are running dry. Gap between the haves and have nots is getting a lot bigger. We will get to a point that only two types of people will be able to afford college. The rich and the athletes with scholorships. And even the money for scholorships are drying up. Pretty fair isn't it?
Here's what's in store for every citizen (which are increasingly the recipients of illegal aliens who used to head to the Southwest once they snuck across the border) in the near future. In fact, I bet it's happening in some states right now which have opened the doors to illegal aliens to attend their public colleges -- attend at the preferred super-low "in state resident" tution fee even as American citizens from other states are forced to pay the much
higher "non-resident" price.
Let it be documented that in the USA in 2004 it's illegal and highly punishable to discriminate against illegal aliens in virtually any school or hospital emergency room anywhere in the nation, but it's perfectly okay to discriminate against American citizens in these same venues:
http://www.latimes.com/la-me-budget8jan08,1,3600653.story
The University of Colorado has raised in-state tuition (higher for out of state tuition for U.S. citizens) in order to subsidize student aid to Latino and Latina students, including illegal aliens. This is clearly discrimination based upon race and national origin. It places a premium on being Latino and / or being in this country illegally. Meanwhile, cameras are going up all over Colorado to spy on motorists.
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