Patriot Update - A Free Press for the Conservative Revolution

Politics:

Tax Tuition as Income to the Kid!

How much is the government losing on the tuition tax credit? That's adding to the deficit. How much is the government losing, how much revenue? They talk about how much the government's losing by keeping tax rates the same. How much is the government losing by paying people to go to college? If you take away the tuition tax credit, if there's no tuition tax credit for people going to college, look how much more money the government's gonna have. Why should the federal government suffer so people can send their kids to Harvard? Why? I mean if we're talking about saving money, if we're talking about costing the government money, let's look at why do we want the home mortgage interest deductions? Look at all that's cost the government. Why don't we eliminate that? If we're worried about how much it's gonna cost the government, why does anybody have anything? 'Cause look what that costs the government.

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