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.
