let me set you straight
This is an economic problem and not a human rights problem
absolutely wrong
the rights of a child to a quality education is a human rights and legal issue if there ever was one
anyways
what is wrong with the following idea
average cost of child in public school is 12k (according to you)
savings to the public schools if one child leaves is zero
however if thousands leave the system saves money
estimate this savings then
give this savings in vouchers to the child's parent if the child leaves the public school ( minus voucher administration costs )
prorate these vouchers to income
cost to the taxpayer for these vouchers is now zero
these vouchers will at least subsidize alternative education giving access to private schools to more working people
It was never the students money to begin with. It originated at the taxpayer
the taxpayer is the students parent
the vouchers go to them and they decide where the child goes
besides, the monies have been bequeathed to the child's education, so they are the child's as long as they are used for education
Your example is akin to sending 100 buckets to Calgary to help with their flooding problem
once again u r wrong
because of their flexibility there are lots of ways private schools can be cheaper than public schools
in a lot of churchs there is a Montessori school in the basement
cost of school is rental of one room plus teacher
home schooling is even cheaper
etc, etc, etc
The rich are the one making the investments you moron
Please explain the following and the impact of taxation:
ke=rf+B(rm-rf) and
WACC = E/V *ke + D/V* kd*(1-Tc)
Until you can do that you have no right to even consider taxing the rich, because you do not understand how investment decisions are made
the rich are investing where there is maximum profit
sometimes this is good for the working man, sometimes not
I realize that the richmans' investment are needed
I also understand under todays economic rules there is small flexibility in taxing the rich
but
your equations r irrelevant
because
what I am suggesting is a paradigm shift in capitalism
allowing new equations to be drafted
if such a paradigm shift cannot be found we are heading for a cliff
there are many very bright economists who agree with me, such as Stiglitz, but you can only see your view
few are searching for such a paradigm shift because our ideas are controlled by the rich