{"id":3064,"date":"2010-11-07T20:07:21","date_gmt":"2010-11-07T20:07:21","guid":{"rendered":"http:\/\/politics.widmann.org.uk\/?p=2951"},"modified":"2010-11-07T20:07:21","modified_gmt":"2010-11-07T20:07:21","slug":"is-it-really-a-graduate-tax","status":"publish","type":"post","link":"https:\/\/widmanniana.org\/blog\/is-it-really-a-graduate-tax\/","title":{"rendered":"Is it really a graduate tax?"},"content":{"rendered":"
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\nMarch against tuition fees<\/a>
\nOriginally uploaded by Roger Blackwell<\/a>
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I was provoked by an article in The Guardian by LibDem MP John Hemming<\/a> today, in which he argues that the new English system of tuition fees is basically a graduate tax:<\/p>\n

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[F]or 54.2% of students in the future it does not matter how much their tuition actually costs. They will pay the same 9% of income over \u00a321,000 a year for 30 years. In other words this new system is a graduate tax in all but name.<\/p>\n<\/blockquote>\n

Does he not regard it as a problem that graduates whose parents were rich enough to pay their fees upfront won’t have to pay his so-called “graduate tax”? (Let’s face it, even fees as high as \u00a39000 a year are not too shocking to upper-middle-class parents who have just finished paying equivalent private school fees!)<\/p>\n

Does he not regard it as a problem that top earners (tomorrow’s bankers, for instance) will have to pay off less than the usual 9% for 30 years?<\/p>\n

This is a graduate tax with an opt-out for the rich!<\/p>\n

That said, I don’t think a graduate tax would work, either, and the only real solution is to go back to state-funded universities, finding the money by cutting admission numbers.<\/p>\n","protected":false},"excerpt":{"rendered":"

March against tuition fees Originally uploaded by Roger Blackwell I was provoked by an article in The Guardian by LibDem MP John Hemming today, in which he argues that the new English system of tuition fees is basically a graduate tax: [F]or 54.2% of students in the future it does not matter how much their tuition actually costs. They will pay the same 9% of income over \u00a321,000 a year for 30 years. In other words this new system is a graduate tax in all but name. […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[159,130],"tags":[],"class_list":["post-3064","post","type-post","status-publish","format-standard","hentry","category-en","category-politics"],"_links":{"self":[{"href":"https:\/\/widmanniana.org\/blog\/wp-json\/wp\/v2\/posts\/3064","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/widmanniana.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/widmanniana.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/widmanniana.org\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/widmanniana.org\/blog\/wp-json\/wp\/v2\/comments?post=3064"}],"version-history":[{"count":0,"href":"https:\/\/widmanniana.org\/blog\/wp-json\/wp\/v2\/posts\/3064\/revisions"}],"wp:attachment":[{"href":"https:\/\/widmanniana.org\/blog\/wp-json\/wp\/v2\/media?parent=3064"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/widmanniana.org\/blog\/wp-json\/wp\/v2\/categories?post=3064"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/widmanniana.org\/blog\/wp-json\/wp\/v2\/tags?post=3064"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}