Boomers should pay
BRUCE Chapman wants to make Australians holidaying or working overseas pay HECS (The Age, 12/12). That's fine, but he ignores the bigger problem with HECS. HECS is a tax on education imposed by the baby boomer generation on those born from the 1970s onward. There is no intergenerational equity in HECS.
A doctor, lawyer, public servant, or accountant who went through university before HECS has by default a higher earning capacity than a professional who went through university in the 1990s, or even worse, after 1996. A real reform to HECS would not be to abolish it, or cut its rates, but to introduce intergenerational equity.
Make everyone who has benefited from public funding of a university course, ever, and who is still in the workforce, pay a contribution back to the government. That way doctors, lawyers, public servants and accountants and even Bruce Chapman would have to pay — just like a 23-year-old graduate of nursing or teaching. It's time for some real intergenerational equity, not more penny pinching from the baby boomers.
Christopher Anderson, Brunswick West
Thursday, 13 December 2007
Boomers should pay
Its been a while but I had a letter published in Melbourne's The Age today.
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