Don’t Tax Me, Don’t Tax Thee, Tax The Student Behind the Tree State Senator Eliot Shapleigh...
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Transcript of Don’t Tax Me, Don’t Tax Thee, Tax The Student Behind the Tree State Senator Eliot Shapleigh...
Don’t Tax Me, Don’t Tax Thee,
Tax The Student Behind the Tree
State Senator Eliot Shapleigh
1-800-544-1990
Presented to UT Regents Board Meeting, November 18, 2003, Austin, TX
Per Capita General Expenditures
New York $5,586 9Massachusetts 5,067 10Michigan 4,223 12California 4,208 13Washington 3,938 18Pennsylvania 3,591 26New Jersey 3,581 27North Carolina 3,517 29Virginia 3,362 34Ohio 3,427 35Indiana 3,306 36Illinois 3,214 41Georgia 3,053 45Florida 3,070 48Texas $2,723 50
SOURCE: U.S. Bureau of the Census, 2001
The Great Tax ShiftThe 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.
Tuition Deregulation
A Tax Shift to Students
University of Texas System Tuition Increase ProposalsUniversity Current
CostProposed Increase
Spring 2004
Proposed Increase Fall 2004
Overall Increase
2004
Overall Percentage
Increase
UT-El Paso $1,483 $1,699 $1,892 $409 28%
UT-Austin $2,716 $3,076 $3,506 $720 26.5%
UT-Dallas $2,140 $2,380 $2,668 $528 25%
UT-San Antonio $1,730 $1,910 $2,165 $435 25%
UT-Arlington $1,852 $1,972 $2,176 $324 17.5%
UT-Tyler $1,436 $1,508 $1,652 $216 17%
UT-Brownsville $1,192 $0 $1,378 $186 16%
UT-Permian Basin
$1,394 $1,454 $1,562 $168 12%
UT-Pan American
$1,233 $0 $1,329 $96 8%
vs. $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
What Does Increased Tuition
Buy a Student at UTEP?
1999 2000 2001
Graduation Rate
23.6% 21.7% 25.2%
Remediation Rate
66.7% 66.0% 64.5%
SOURCE: Texas Higher Education Coordinating Board
UT System Graduation Rates
2001 2002
Arlington 31% 35%
Austin 70% 71%
Brownsville N/A N/A
Dallas 55% 53%
El Paso 25% 25%
Pan American 23% N/A
Permian Basin 24% N/A
San Antonio 27% N/A
Tyler N/A N/ASOURCE: U.S. News & World Report
Don’t Tax Me, Don’t Tax Thee,
Tax The Student Behind the Tree
State Senator Eliot Shapleigh
1-800-544-1990
Presented to UT Regents Board Meeting, November 18, 2003, Austin, TX