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Don’t Tax Me, Don’t Tax Thee, Tax The Student Behind the Tree

Don’t Tax Me, Don’t Tax Thee, Tax The Student Behind the Tree. State Senator Eliot Shapleigh 1-800-544-1990 eliot.shapleigh@senate.state.tx.us. Presented to UT Regents Board Meeting, November 18, 2003, Austin, TX. Per Capita General Expenditures. New York $5,586 9

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Don’t Tax Me, Don’t Tax Thee, Tax The Student Behind the Tree

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  1. Don’t Tax Me, Don’t Tax Thee, Tax The Student Behind the Tree State Senator Eliot Shapleigh 1-800-544-1990 eliot.shapleigh@senate.state.tx.us Presented to UT Regents Board Meeting, November 18, 2003, Austin, TX

  2. Per Capita General Expenditures New York $5,586 9 Massachusetts 5,067 10 Michigan 4,223 12 California 4,208 13 Washington 3,938 18 Pennsylvania 3,591 26 New Jersey 3,581 27 North Carolina 3,517 29 Virginia 3,362 34 Ohio 3,427 35 Indiana 3,306 36 Illinois 3,214 41 Georgia 3,053 45 Florida 3,070 48 Texas$2,72350 SOURCE: U.S. Bureau of the Census, 2001

  3. The Inheritance Tax Tax on estates valued over $1,000,000 80 year-old state tax Generated $322 million in revenue for the state Not renewed during the 78th Legislature. Tuition Deregulation A new tax on higher education for college-bound students Offsets cuts to higher education funding Increased tuition felt most by low- to middle-income families Passed during the 78th Legislature. The Great Tax Shift

  4. Tuition Deregulation A Tax Shift to Students

  5. University of Texas System Tuition Increase Proposals

  6. $1,699 Spring 2004 81 Bachelor Degrees 14 Doctoral Degrees 27% graduation rate 29% classes under 20 students $1,686 Spring 2004 74 Bachelor Degrees 24 Doctoral Degrees 43% graduation rate 38% classes under 20 students vs.

  7. What Does Increased Tuition Buy a Student at UTEP? SOURCE: Texas Higher Education Coordinating Board

  8. UT System Graduation Rates SOURCE: U.S. News & World Report

  9. Don’t Tax Me, Don’t Tax Thee, Tax The Student Behind the Tree State Senator Eliot Shapleigh 1-800-544-1990 eliot.shapleigh@senate.state.tx.us Presented to UT Regents Board Meeting, November 18, 2003, Austin, TX

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