Middle Class Parents Vs. Billionaire Corporations — The article is being published with the kind permission of Tea Party activist Bob Guzzardi.
The House Republicans are considering giving $ 603,543,000, in this year alone to billionaire private corporations. This is $181, 113,000 more than Governor Corbett proposed.
The entire cost of SB 1, Vouchers/EITC over four years, is: $ 734, 947, 772
SB 1 is designed to subsidize, as required by Article III, section 14 of the Pennsylvania Constitution, the education of children, particularly the poor caught in violent and educationally dysfunctional schools and middle class struggling economically.
In comparison consider the how the state subsidizes education’s Princes and Princesses:
UPENN’s president Amy Gutmann’s compensation: $1,367,000 and Penn State’s Graham( $800, 592 according to Journal of Higher Education) flies in one of Penn State’s three airplanes from its own airport. UPITT’s Chancellor;$600,045, Temple U President Anne Weaver Hart; $602, 403) UPITT Chancellor Mark Nordenberg received a 5.7% increase in 2010, $26,500, for a total annual salary of $486,000. This is base salary and not total compensation.
A change in course directing money away from billionaire private corporations to those who need it most may be an idea worth considering. Misallocating taxpayer resources is not in the public interest or advance the general welfare.