I support low interest educational loans that go strictly to non-profit colleges. We definitely agree on this one. And, particularly, on the defining "non-profit" element.
I would pay for them, as well as deficit reduction in general, by repealing ALL of the Bush tax cuts, or, better, by introducing a VAT. Neither of which are politically viable at the moment. So, the question is back on your doorstep. How would you pay for them, given the present political climate? You need to find something that has some sort of remote change of passage in this time frame.
I think concentrating tax increases only on "the rich", to pay for programs that benefit mostly the middle class, is terrible policy. We do disagree here. The "rich" simply haven't been paying their fair share of taxes for a very, very long time. Since the dollars that come in via taxation are fungible, one can assign those dollars to any spigot. You could, for instance, say those dollars are paying for some program, one of many, directed to benefit corporations such as tax deductions.
But in this political climate, it's a bit different call. |
