Should we give tax breaks to companies that provide employees tuition reimbursement?
BlueRepublican
2012/07/12 21:14:06
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There's a lot of rhetoric back & forth about what to do regarding outsourcing of American jobs. The govt of course wants to use taxpayer dollars to create a certain outcome within the business community. They feel the answer is to subsidize.
Both parties agree that the American taxpayer needs to subsidize these big companies to save jobs. They do not want to force these companies to become more efficient and competitive in the global economy.
Unfortunately what happens is that they later get in trouble and need a MASSIVE stimulus aka bail-out from those same TAXPAYERS in order to stay afloat. In some cases we bail them out and they go bankrupt anyway.
So both parties agree that legislators in Washington DC need to use YOUR money to promote a desired outcome, like $7,500 tax credit towards purchase of a Chevy VOLT.
Blue, what does this have to do with the question?
Glad you asked. BEHOLD, here's my suggestion for your consideration...
We have a student loan crisis in this country and the bubble, like the housing crisis, will eventually burst. Soaring tuition rates and ill-advised students and easy access to taxpayer-backed govt loans are driving up the cost of education.
In the same manner that we subsidize companies that keep jobs here in America, let's give tax breaks to those who provide tuition reimbursement for their employees. This will decrease/eliminate the amount students borrow, decrease the cost of college for students, reward those who will work/study, and save the taxpayers BILLIONS in the Education budget. It incentivizes companies to provide this benefit and CREATES JOBS!!!
Tell me what you think? Do you agree, disagree, have a different opinion? Then vote right now and leave me a comment, share and don't forget to RAVE!!!
Both parties agree that the American taxpayer needs to subsidize these big companies to save jobs. They do not want to force these companies to become more efficient and competitive in the global economy.
Unfortunately what happens is that they later get in trouble and need a MASSIVE stimulus aka bail-out from those same TAXPAYERS in order to stay afloat. In some cases we bail them out and they go bankrupt anyway.
So both parties agree that legislators in Washington DC need to use YOUR money to promote a desired outcome, like $7,500 tax credit towards purchase of a Chevy VOLT.
Blue, what does this have to do with the question?
Glad you asked. BEHOLD, here's my suggestion for your consideration...
We have a student loan crisis in this country and the bubble, like the housing crisis, will eventually burst. Soaring tuition rates and ill-advised students and easy access to taxpayer-backed govt loans are driving up the cost of education.
In the same manner that we subsidize companies that keep jobs here in America, let's give tax breaks to those who provide tuition reimbursement for their employees. This will decrease/eliminate the amount students borrow, decrease the cost of college for students, reward those who will work/study, and save the taxpayers BILLIONS in the Education budget. It incentivizes companies to provide this benefit and CREATES JOBS!!!
Tell me what you think? Do you agree, disagree, have a different opinion? Then vote right now and leave me a comment, share and don't forget to RAVE!!!
But i still think it would be a great ideal, with some rules to take advantage of it.
And isn't this what conservatives got their panties in a bunch about, people telling them they must do this or that, ya know kind of like a MANDATE?
If you want to pursue that exotic specialty degree than by all means feel free :-)
There is no shortage of worthless degrees floating around pumped out by the diploma mills.
Many companies will already pay for classes that benefit the company .
The IRS allows deducting the cost of training that advances current career .
So ,where is advantage?
Should others be paid for reading books and magazines ? They are educating them selves at no cost . How will they cash in ?
What about apprentices , interns and understudies ? Where will be their tax / cash benefit.
What of those whom use the internet ? There are myriad educational videos . Should they be paid for educating themselves ?
Trade schools ? Technical schools ? Seminars ? Lectures?
Every class earns payments or just approved classes ?
Keeps people employed, creates jobs, lowers educational costs overall, etc..
If someone thinks more school will do that they find a way.
The trillion dollar debt bubble for college is about to burst .
Hunger keeps people employed . Pumping more easy money into the system is what allows educational costs to rise .
The price of schools will rise to the level of available cash.
How in the World Did College Costs Rise 15% in Only 2 Years?
"Part of the reason the actual tuition students (and their parents) are paying is rising slower than advertised prices may have to do with President Obama's expansion of the Pell Grant program, which the awards low-income students money to help pay for school. An additional 1.5 million undergrads received Pell Grants in 2009-2010 compared with two years before. At the least expensive schools, that influx of federal money may have given them the leeway to up prices without penalizing students too seriously.**"
http://www.theatlantic.com/bu...
this is the ONLY language corporations understand... that's why they send armies of lobbyists to DC every year to get the tax code tilted to what THEY want to do....
we the people don't have lobbyists, so guess who wins this daily battle for congressional eyeballs?
Both parties want to increase the education budget because it is politically wise to do so.
Why not play them both for our benefit?
where is your lobbist?
We are losing the war on information, though.
as long as that equation remains true, we will lose.
buddy is cool.
Edit: and someone will be hired to fill the employee's place when she's promoted.
We may have a position in Sodahead Public Relations for ya' :-)