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Well, now in Massachusetts they are looking to tax college endowments, university endowments that have more than a billion dollars in it. They say that by doing this, they can put more than a billion dollars a year into the state revenue. Good idea?

Hahaha, good one.
If Universities in US function as real corporations, why not? Those can not really hide there assets
Anyway, this reveals the panic the debts in contributions

sure!! Tax everybody. Tax everything. Put a tax on the taxes

Well, not everything. Don't tax condoms. it's taxing enough trying to find one small enough for me!! I would feel over taxed!!

Depends on the tax rate and what they use the additional revenue for.

Can't help but think of one of my favorite quotes:

"A liberal is someone who feels a great debt to his fellow man, which debt he proposes to pay off with your money."
G. Gordon Liddy

You're a sharp cookie....

If only the government would pay off my debt....I'd not care what they did for anyone else.

Unless it's food or medicine, about everything is taxed in Indiana. I don't think rubbers are considered medicine and I doubt they're considered food.

There's more to the story.... I'll add it later :)

http://en.wikipedia.org/wiki/List_of_U.S._colleges_and_universities_by_endowment

Check it out. You'll find who's making big $.

The colleges would just add it to the bill. More students won't be able to afford it without Gov. help. Round and round she goes!

My only gripe is that if colleges are setting on these billions of dollars in trust funds, then they soak students, or demand more government spending/aid for students....something just isn't squaring up (at least as I view it.)

http://www.glennbeck.com/content/articles/article/198/9828/



The story is better told by the above.

A standing point should be to view education not as a business.
Liberalising education is not appropriate. The idea that it brings better services is wrong in my point of view. A good college needs good teachers, we have brains for that, we do not need money to buy that.
Actually, most of the spoiled kids in private schools are not really aware of the importance of education. If they pay good, in principle they MUST pass.

Now question: the top Unies, aren't those who profit more?



I don't know...it's just sad...

I don't doubt this at all. Massachusetts has another name...........Taxachusetts. They tax just about everything and I believe they even have a tax for when you take a dump

Having lived in southern NH for most of my life, I've seen more Mass people in NH just to do their shopping to avoid the taxes in their own state. Sometimes I've thought I had crossed the state line due to the number of Mass residents in NH




Earl

How about heavy taxes on sports! Taxed high enough there will be more cheap seats.

May disagree slightly. I think any not-for-profit is actually a business. It has the same goals as a private business. To thrive and to stay in existance for the benefit of itself and to some degree the population it serves.

JMO

It is funny how states develope a "perfect state with all the social ills addressed"....then the residents end up bailing out, because they can't afford to live there; Mass, New York, California, etc.

The problem is that when you declare you activity as NON- profitable, you get exemptions in taxes. So, are those private colleges aiming non-profit goals? No, for them it seems like education is becoming a layer of the corporation, sort of speak.

The public schools, with governmental support have different standing point. They might not be better simply because the concept of education has changed to become related to business...
On a regular basis, here people simply decide not to go further because they have other options, not because they are not reach enough...
If you restrict the access to education only for rich people...i wonderful how your human rights is enacted; it's simply a high pre-requisit, it's a prima facie denying personal-development, denying your abilities...