People should pay tax to buy higher education and college degrees.
Colleges are now exposed as evil corporations, overpaying their CEOs and star faculty, underpaying their actual workers, and overcharging their customers and the government, and blatantly misrepresenting the cost and value of their diplomas, and they pay no taxes, not even a property tax. Screw them!
A nice steep progressive tax on tuition would curb the trend of ever-rising tuition costs, and take the money from the schools, not the taxpayers. Yes, the increased cost of the tax would cause people to either pay it if they could, or choose a cheaper school, but soon I think the tax would eventually be absorbed by the schools, who would immediately have to lower their tuition rates to continue to attract students, and so they would have to cut salaries and research programs and new building projects and land grabs.
Ooh, and we should grab back some of that land, just to sell it to developers to make money, as per Kelo. We know where the money is, we can see all the new expensive buildings going up and see the Lexuses and BMW’s at the end of long perfectly manicured Cambridge driveways, we hear about needless research and programs they spend money on. If there is going to be a bail-out of student debt, and there should be, it should not be paid by the tax payers, it should be paid by the schools.