The Benefits to Taxpayers from Increases in Students - RAND ...
The Benefits to Taxpayers from Increases in Students - RAND ...
The Benefits to Taxpayers from Increases in Students - RAND ...
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<strong>The</strong> <strong>Benefits</strong> <strong>to</strong> <strong>Taxpayers</strong> <strong>from</strong> <strong>Increases</strong> <strong>in</strong> <strong>Students</strong>’ Educational Atta<strong>in</strong>ment<br />
Critical Assumptions..................................................................................25<br />
Putt<strong>in</strong>g the Results <strong>in</strong> Perspective.................................................................. 27<br />
Chapter Three<br />
Payments for Taxes and Social Programs........................................................29<br />
Taxation Mechanisms.................................................................................29<br />
Educational Atta<strong>in</strong>ment and Earn<strong>in</strong>gs..............................................................31<br />
Federal and State Tax Rates..........................................................................32<br />
Federal Income Tax Rates..........................................................................32<br />
Payroll Tax Rates....................................................................................33<br />
Average State Tax Rates............................................................................ 34<br />
<strong>The</strong> Effects of Increased Educational Atta<strong>in</strong>ment on Tax Payments........................... 34<br />
Related Studies........................................................................................ 36<br />
<strong>The</strong> Effects of Multilevel <strong>Increases</strong> <strong>in</strong> Educational Atta<strong>in</strong>ment on Tax Payments.............37<br />
Sensitivity Analysis....................................................................................37<br />
Summary ...............................................................................................39<br />
Chapter Four<br />
Spend<strong>in</strong>g on Social Support Programs...........................................................41<br />
Background.............................................................................................41<br />
Analytic Approach.................................................................................... 42<br />
Effects of Educational Atta<strong>in</strong>ment on the Costs of Welfare Programs......................... 44<br />
Effects of Educational Atta<strong>in</strong>ment on the Costs of Hous<strong>in</strong>g Subsidies........................ 46<br />
Effects of Educational Atta<strong>in</strong>ment on the Costs of Food Stamps...............................47<br />
Effects of Educational Atta<strong>in</strong>ment on Supplemental Security Income Spend<strong>in</strong>g..............49<br />
Effects of Educational Atta<strong>in</strong>ment on Medicaid Spend<strong>in</strong>g...................................... 50<br />
Effects of Educational Atta<strong>in</strong>ment on Medicare Spend<strong>in</strong>g.......................................52<br />
Effects of Educational Atta<strong>in</strong>ment on the Costs of Unemployment Insurance................53<br />
Effects of Educational Atta<strong>in</strong>ment on Social Security Spend<strong>in</strong>g................................55<br />
Effects of Educational Atta<strong>in</strong>ment on Spend<strong>in</strong>g on Social Programs.......................... 56<br />
Sensitivity Analysis....................................................................................58<br />
Summary............................................................................................... 60<br />
Chapter Five<br />
Educational Atta<strong>in</strong>ment and Spend<strong>in</strong>g on the Corrections System........................61<br />
Analytic Approach.....................................................................................62<br />
<strong>The</strong> Effect of Educational Atta<strong>in</strong>ment on Crime Rates...........................................63<br />
Effects of Educational Atta<strong>in</strong>ment on Incarceration Costs.......................................65<br />
Sensitivity Analysis....................................................................................67<br />
Summary............................................................................................... 68