Wednesday, April 8, 2009

College Textbook TaxExemption

As we all know, our economy is in a really bad situation. Many companies are going out of business and as a result many people are getting layed off from their jobs. Students go to school to educate them self so they can have a better Currier in the future. But seems like the cost of education has been raising up to where a lot of college students can not afford to pay for their tuition, textbooks and etc...

An interesting article by Leibowitz in Texas Legislature Online, is talking about how there should be a tax exemption for college textbooks. I personally strongly like this idea. Overall we all know college life is difficult. Every semester I have to spend at least $500 just for 2 college classes and about $300 - $400 for my textbooks. The funny and unfair part is, when we have to buy our textbooks, we have to pay in full. But we want to sell it back to the same company, same store, and sometimes to the same person, they only pay 50% of the money that we originally had paid. Its a burgen. Most of the times, I find buying my textbooks from online website a lot cheaper. It's true that I have to pay for shipping(not always), still spending $30 is a lot better than $100.

Passing this bill will help many students just like me to save at least 8.25% of our money every semester on college textbooks. The percentage sounds really small, but after all adding all these pennies could help a lot. Us students have many other expanses to pay for. Car payments, grocery, GAS to get to school, paying for rent. By passing this bill, students will be encourage to buy textbook, in order to succeed in their class.

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