Friday, December 01, 2006
Democrats to Make College Tuition Tax Deductible
I have a prediction. Tuition will go up if this is implemented. When you increase the supply of money for tuition, tuition cost will go up.
Included in their "Six for '06" platform that they say helped them win majorities in the House and Senate, Democrats promised to: "Make college tuition deductible from taxes, permanently."
Their tax cut promise is neither an election-year gimmick, Democrats say, nor a reversal in their long-standing opposition to Mr. Bush's tax cuts.
"Democrats have made it clear that the middle class will be our priority and making college more affordable is a key concern of working families," said incoming House Majority Leader Steny H. Hoyer, Maryland Democrat.
I have a prediction. Tuition will go up if this is implemented. When you increase the supply of money for tuition, tuition cost will go up.
