semideclared

TL;DR - Costs are high to the student because states are reducing the amount of state funding, while universities spending are high for Payroll and Good of Community

• (Research, Public Services provided).
  

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Virginia introduced a 70/30 policy in 1976.

• Under this plan, E&G appropriations were based on the state providing 70% of the cost of education -- a budgetary estimate based on the instruction and related support costs per student — and students contributing the remaining 30%. The community-college policy was for costs to be 80% state- and 20% student-funded.

Due to the recession of the early 1990s, the 70/30 policy was abandoned because the Commonwealth could not maintain its level of general fund support. As a result, large tuition increases were authorized in order to assist in offsetting general fund budget reductions

• Virginia undergraduate students in 2018 will pay, on average, 55% of the cost of education, which is reflected as tuition and mandatory E&G fees.

The U of Tennessee Spending, inflation adjusted 2017 dollars

From	2002	2017
Total operating expenses	$1,762,088,150	$2,114,460,000
State appropriations	$580,634,640	$553,770,000
Headcount Enrollment	42,240	49,879
Enrollment growth		18.08%
Operating Expense Per Student	$41,716	$42,393
State Funding per Student	$13,919	$13,063

Expenses have increased 20% over 15 years so total state funding to match should be $14,144 per student

• just 1 university is under funded 152 million dollars divided by the 3 million tax payers in the state. $50 in new taxes just for funding levels of 15 years ago

Tuition Paid by students was $520 million

Tennessee's Sales Tax Revenue for 2018 was $7.7 Billion so its a 7% tax increase required to fund....what voters are going to vote for that

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As to what that gets spent on, national averages

• Costs are high for Payroll and Good of Community (Research, Public Services provided).
  

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Student Instruction

• Activities directly related to instruction, including faculty salaries and benefits, office supplies, administration of academic departments

Per Student Cost

• University $12,676

• Community College $6,859

Academic support

• Activities that support instruction, research, and public service, including: libraries, academic computing, museums, central academic administration (dean’s offices)

Per Student Cost

• University $3,736

• Community College $1,438

Student services

• Noninstructional, student-related activities such as admissions, registrar services, career counseling, financial aid administration, student organizations, and intramural athletics. Costs of recruitment, for instance, are typically embedded within student services

Per Student Cost

• University $2,156

• Community College $1,823

Institutional support

• central executive activities concerned with management and long-range planning of the entire institution;
  • support services to faculty and staff and logistical activities, safety, security, printing, and transportation services to the institution;

Per Student Cost

• University $3,777

• Community College $2,829

Research

• Sponsored or organized research, including research centers and project research

Per Student Cost

• University $5,286

• Community College $9

Public service

• Activities established to provide noninstructional services to external groups

Per Student Cost

• University $2,085

• Community College $256

YIKES I feel old

What did you think of Chidi Anagonye's life?

The reason is taxes

On social services, Europe has a 20% VAT to fund the expenses of social programs for everyone. The vat collects more than three times as much as the US does through sales tax. 140 Countries have a VAT but the US, and all progressives views it as to regressive

• In the US sales tax median rate is 9.9% but only 1/3 of consumption purchases qualify to be taxed
• UK 20% VAT
• Denmark 25% VAT

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The average gas tax rate among the 34 advanced economies is $2.62 per gallon. In fact, the U.S.’s gas tax a rate less than half of that of the next highest country,

Canada, which has a rate of $1.25 per gallon.

Which includes a tax on tax, an additional 12 cents in taxes on tax for provincial sales tax on the Gas Tax. $1.8 billion in taxes on tax The U.S. combined gas tax rate $0.55 (State + Federal) is According to the OECD, the second lowest. Mexico is lower as the only country without a gas tax

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World Tax Brackets

• UK £11,851 to £46,350 20%
• US $12,001 to $21,525 10%
• Netherlands $ 0 - $21,980 36.55%
• US $21,526 to $50,700 12%
• Slovak Republic up to $38,795 19% tax rate.
• Slovak Republic over $38,795 is taxed at 25%.
• UK £46,351 to £150,000 40%
• Netherlands $21,981 - $73,779 40.8%
  
• US 50,701 to $94,500 22%
• Netherlands Over $73,779 52%
• US 94501 to $169,500 24%
• UK Over £150,000 45%
• US $169,500 to 212,000 32%
• US 212,001 to 512,000 35%
• US $512,001 or more 37%

UK Taxes vs US Taxes https://i.redd.it/g6vg98jkug241.jpg

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Australia is a European/OCED Advanced country fairly similar to the US so we can use them. Turns out to have healthcare we just have to fund it the same way

Median US Household Income of $63,179 is AU$94,620. There is no “joint tax return” for married couples in Australia.

The estimated tax on your taxable income is AU$22,506.40 or USD$15,027.86

• Or a tax rate of 23.12%

  • plus 2% Medicare Tax of AU$1783
  • The Medicare levy helps fund some of the costs of Australia's public health system known as Medicare.

US making USD$63,179, Your federal income taxes $7,074.

• Your effective federal income tax rate 11.20%.
  • Plus Medicare Tax of 1.45% $916

Australia is funded by very similar taxes to the USA, the only difference is the low income tax for federal services, including healthcare.

Dundas West and Blooris slated to become the scene of massive developments on all sides

It has been called one of the ugliest intersections in Toronto. It is now on the verge of becoming one of the most shameful.

Giraffe Condos, floundered 10 years ago when it came to the stodgy Ontario Municipal Board (OMB),

• a 29-floor proposal that was rejected by both the City of Toronto and the Ontario Municipal Board (OMB) in 2011.

In 2021 another developer has a proposal before the city that has again ignited local opposition because of density and traffic concerns. But this time around, according to local city councillor Gord Perks, those behind the project are already planning to go to the province to seek approval.

Aubrey Friesner has lived in the neighborhood for 15-years and was a vocal opponent of the first proposal.

His biggest concern is increased traffic in the area since the proposed development will have 100 parking spaces — 80 residential spots for 327 residential units and 20 for commercial tenants and visitors.

• "You can't turn left on Bloor, so cars will have to drive up and circle through the adjacent neighbourhoods," said Friesner, who lives in a house on a nearby street.