The Higher Education Fiscal Crisis Protects the Wealthy

truthout.org — Our current budget crisis in California and the rest of the country has been artificially created by cutting taxes on the wealthiest people and corporations. The corporate elites in the U.S., the top 1 percent who own close to half the wealth, are the beneficiaries of massive tax cuts over the past few decades, while at the same time working people are paying more through increased sales and use taxes and higher public college tuition.

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