Originally Posted By: OldDad
Except that everyone pays taxes, not everyone goes to college and only roughly 33% of HS graduates also graduate from college. So no, they most frequently aren't the same individual.

OldDad, you're treating every taxpayer as equal on a fiscal basis. They aren't equal. Public spending is a continuous variable, not a binary one, sourced from a multitude of payors over time.

A median high school graduate earns about $700/week compared with $1,100/week for a graduate with a bachelor's degree. Due to progressive marginal personal income tax rates, that degree holder generates a much larger stream of public revenues than the high school graduate. Data from the BLS show that the top 20% of earners contribute 77% of tax remittances, so it's specious to suggest that university graduates are somehow dragging down other taxpayers. They're the greatest contributors to public finances on the personal side of the equation!

So, while not everyone goes to college, everyone receives the benefits of those who do, even folks such as yourself who think they shouldn't.

As to jurisdictional boundaries for financing of different activities, who do you think pays more municipal taxes? The people who earn more who, on average, have attained higher levels of education and have higher average property valuations on which municipal tax rates are based.

Source- weekly earnings

Source- tax remittances

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