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Charity Model Is Bad Economics
Sunday, July 17th, 2011
April 2011
Instead of the proper public funding of post-secondary education, we are left with the “charity model” where public institutions like universities beg the private sector for the gift of uncollected taxes — gifts that typically come with strings attached… As for the need for corporate tax cuts… corporate cash balances have risen 18 per cent since the end of 2007 — an increase the investment firm calls “staggering.”… Meanwhile, the government proposes to cut government spending, shifting onto the ordinary taxpayer the burden of both taxes and reduction in services.
Tags: budget, economy, ideology
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