With Mitt Romney and Paul Ryan pushing for more tax cuts for the rich, a new study shows this election will hinge on a choice – do we want to hire more teachers and send more kids to college – or do we want the rich to get richer.
The Institute for Policy Studies published a new report showing that tax loopholes used to boost CEO bonus pay cost taxpayers $14.4 billion a year. That same amount of money could instead be used to hire 211,000 elementary school teachers or give Pell Grants to 2.5 million college students.
Of course – Republicans around the country are busy laying off school teachers and cutting Pell Grants, in order to pay for more of those same tax breaks for the rich. Plain and simple, a vote for Mitt Romney is a vote against education – and a vote for oligarchy.