Sunday, September 13, 2009

BC said to earn more from tuition fees than corporate income taxes in 2011

KAMLOOPS, B.C. - The chairman of the B.C. branch of the Canadian Federation of students says he's alarmed by new figures released by the provincial government regarding tuition fees.

Shamus Reid says the figures show that in 2011, the B.C. government will collect $1.11 billion in tuition-fee revenue, compared with $1.04 billion in corporate income taxes.

Reid calls the figures astounding and believes corporate taxes should help subsidize public education, not the other way around.

The figures come from the government's three-year financial plan, which Reid says project annual inflationary increases to tuition fees while corporate income taxes remain stable.

Reid says it's another indication of how public services are being transformed into essentially user-pay systems.

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