Campaign for College Opportunity finds that every $1 invested in producing college graduates returns $4.50 in added tax revenue and savings in social service spending. The public’s investment is totally paid back by the time the graduate reaches age 38, according to the study. So where do we get the money? The recession has taught us that the personal income tax is too volatile to maintain a high-quality education system. How could Proposition 13 be redesigned to help us produce more future homebuyers and taxpayers? This should no longer be a question that produces a political death sentence. That was before and this is now. Let’s get talking. Our inherited old narrative operates in counterproductive ways, misdirecting us from solutions to our most serious problems, and it is ill-suited to fostering hopeful opportunities.

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by Dowell Myers, The Sacramento Bee.

Posted: July 15th, 2012, by: admin. Categories: . Awaiting Comments.