--- title: "Meaning & Key Takeaway of: Many argue that graduates earn a…" description: "\"Many argue that graduates earn a 'premium' because of their education, and should have to pay their way. I agree, and that's why I've always advocated ..." image: "https://sms4smile.com/quotes/i/b77/john-mcdonnell-5730_education_many-argue-that-graduates-earn-a-premium_1743681.jpg" --- # Many argue that graduates earn a 'premium' because of… ![“Many argue that graduates earn a 'premium' because of their education, and should have to pay their way. I agree, and that's why I've always advocated a progressive taxation system - so if people do receive large salaries, they pay more income tax.” quote by John McDonnell](https://sms4smile.com/quotes/i/b77/john-mcdonnell-5730_education_many-argue-that-graduates-earn-a-premium_1743681.jpg) [Download](https://sms4smile.com/quotes/i/b77/john-mcdonnell-5730_education_many-argue-that-graduates-earn-a-premium_1743681.jpg) [Open image](https://sms4smile.com/quotes/i/b77/john-mcdonnell-5730_education_many-argue-that-graduates-earn-a-premium_1743681.jpg) > “Many argue that graduates earn a 'premium' because of their education, and should have to pay their way. I agree, and that's why I've always advocated a progressive taxation system - so if people do receive large salaries, they pay more income tax.” [John McDonnell](https://sms4smile.com/quotes/author/john-mcdonnell/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Education raises earnings, so higher earners should contribute more via progressive taxes. **In simple terms:** Higher education leads to higher pay, so pay more tax. Key Takeaway Tax the wealthy more. Themes taxation education equity progressive policy Mood thoughtful analytical Type policy argumentative When to use this quote - budget planning - political campaigning - public discourse - tax reform - higher education funding Key Concepts public finance social contract income distribution Questions to Reflect On - Should tax rates be tied to education level? - How to balance fairness and economic growth? A Different Perspective Progressive taxes may discourage investment or talent migration. ★ ★ ★ ★ ★ No ratings yet [Education](https://sms4smile.com/quotes/about/education/) [People](https://sms4smile.com/quotes/about/people/) [Progressive tax](https://sms4smile.com/quotes/about/progressive-tax/) [Progressive taxation](https://sms4smile.com/quotes/about/progressive-taxation/) ## Related quotes > [“What did trust, cooperation, progressive taxation and the interventionist state bequeath to western societies in the decades following 1945? The short answer is, in…](https://sms4smile.com/quotes/tony-judt/what-did-trust-cooperation-progressive-taxation-and-the/) [Tony Judt](https://sms4smile.com/quotes/author/tony-judt/) > [You know what isn't class warfare? 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What the…](https://sms4smile.com/quotes/ludwig-von-mises/the-philosophy-underlying-the-system-of-progressive-taxation-is-that/) [Ludwig von Mises](https://sms4smile.com/quotes/author/ludwig-von-mises/) > [Progressive taxation can offset the effect of growing inequality.](https://sms4smile.com/quotes/winnie-byanyima/progressive-taxation-can-offset-the-effect-of-growing-inequality/) [Winnie Byanyima](https://sms4smile.com/quotes/author/winnie-byanyima/) > [Yeah, I am in favor of migration. But I am also in favor of education. 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But when I got to school and tried to share learning with other students that…](https://sms4smile.com/quotes/henry-giroux/where-i-grew-up-learning-was-a-collective-activity-but-when-i-got-to/) [Henry Giroux](https://sms4smile.com/quotes/author/henry-giroux/) > [There's no authoritarian structure at Reed College, but the education is conservative. So what you have is a lot of students who are very…](https://sms4smile.com/quotes/donald-miller/there-s-no-authoritarian-structure-at-reed-college-but-the-education/) [Donald Miller](https://sms4smile.com/quotes/author/donald-miller/) > [“What's the best thing about being in college? Good teachers. They inspire you, they entertain you, and you end up learning a ton even…](https://sms4smile.com/quotes/nicholas-sparks/what-s-the-best-thing-about-being-in-college-good-teachers-they/) [Nicholas Sparks](https://sms4smile.com/quotes/author/nicholas-sparks/) > [“If one has not a head of steel it will burst; if he has not within it a brain of liquid quicksilver, he will…](https://sms4smile.com/quotes/ioannes-amos-commenius/if-one-has-not-a-head-of-steel-it-will-burst-if-he-has-not-within-it/) Ioannes Amos Commenius > [“let us not teach / what we have learned badly / and not profited by”](https://sms4smile.com/quotes/h-d-hilda-doolittle/let-us-not-teach-what-we-have-learned-badly-and-not-profited-by/) H.D. (Hilda Doolittle > [“It took me years to learn to sit at my desk for more than two minutes at a time, to put up with the…](https://sms4smile.com/quotes/erica-jong/it-took-me-years-to-learn-to-sit-at-my-desk-for-more-than-two-minutes/) [Erica Jong](https://sms4smile.com/quotes/author/erica-jong/) > [According to Plato, we don't learn anything. Our soul has lived so many lives that we know everything. Teachers and education can only remind…](https://sms4smile.com/quotes/chuck-palahniuk/according-to-plato-we-don-t-learn-anything-our-soul-has-lived-so-many/) [Chuck Palahniuk](https://sms4smile.com/quotes/author/chuck-palahniuk/) > [“I only began to enjoy studying after I got through the educational system and became a so-called member of society. 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