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Taxing tuition is disgusting

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December 16, 2009 – Comments (3)

My philosphy is that you support youth and empower them to take control of their lives and their futures.  That future includes when you are old.

People should have more responsibility for providing for their old age, not downloading it onto youth.

Mish has a post about Pittsburgh planning to tax tuition.

The one comment got my attention:

Denver Randy: It is so obvious that the next 30 years will pit younger, pension-less workers against a rapidly aging population, eager for their promised pensions. To assuage labor and other disputes promises were made that can never be kept. Until the younger generation votes with the regularity and consistency of their elders, the folks with the pensions will get paid and the youngsters will pay the price.

I want this crap fixed now.  I don't want to end up the scapegoat for the gross irresponsibility of governance in this matter, but, I am in an age group that I fear will pay for this irresponsibility with more then just see benefits cut.  I fear that by the time I get there the level of resentment towards seniors will make being a senior dangerous.

 

3 Comments – Post Your Own

#1) On December 16, 2009 at 9:12 PM, ChrisGraley (29.75) wrote:

Wow! Talk about mortgaging your future for mistakes in your past!

My guess is that it gets voted in and students move away from the city to go to school. The average age in the city then increases and they wind up with an even bigger problem than they started with. The younger people that stay will be the ones that didn't go to college and they'll be the future targets as they will be out-numbered in the voting system by the pensioners. Eventually all the productive youth moves away and the problem just keeps compounding.

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#2) On December 17, 2009 at 3:25 PM, vriguy (79.76) wrote:

Disgust is too mild a word for something that is both asinine and nauseating, and I hope this move can be challenged in court.  Tuitions are contracts between colleges and students and to tax one type of contract seems arbitrary. If I were a student I'd be ready to burn down City Hall. 

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#3) On December 17, 2009 at 4:07 PM, russiangambit (29.42) wrote:

Taxing people who have no income is just wrong.

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