States tax coffers overflowing

<p>Up 25% on average. Somebody is making money.</p>

<p>The rich get richer! Yee Ha!</p>

<p>And everyone benefits–Yeah!</p>

<p>you mean like the increase in high school dropouts and the way the states are encouraged to count them as “transfer” students?
Oh I forgot, if you don’t have dropouts there isn’t anyone to work at Walmart
<a href=“http://www.wthr.com/Global/story.asp?S=5374246&nav=9Tai[/url]”>http://www.wthr.com/Global/story.asp?S=5374246&nav=9Tai&lt;/a&gt;
<a href=“http://seattlepi.nwsource.com/national/1155AP_Education_Compared.html[/url]”>http://seattlepi.nwsource.com/national/1155AP_Education_Compared.html&lt;/a&gt;&lt;/p&gt;

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<p>[Every</a> nine seconds a student drops out of school. One-third of American students become high school dropouts. Only half of all African American, Latino, and American Indian students ever graduate. Fifty-five percent of young adults without a diploma are employed, compared to 74% of high school graduates and 87% of four-year college graduates. Dropouts are 3.5 times more likely to be incarcerated than high school completers and are much more likely to rely on public assistance than those with a high school diploma. The cost to the public of their crime and welfare benefits is estimated to total $24 billion annually in the United States. Youth are the workforce, parents, and citizens of the future and as such present both a challenge and a tremendous opportunity for communities.](<a href=“http://www.aypf.org/forumbriefs/2006/fb090806.htm]Every”>http://www.aypf.org/forumbriefs/2006/fb090806.htm)</p>

<p>What does that have to do with anything? More of the young people today are from poor backgrounds as the wealthy seem to have far fewer kids. They don’t tend to do very well in completing HS let alone college. This is hardly new news. With the extra money the states might be able to spend more on this problem which might or might not turn out to be a good thing.</p>

<p>What state? Where’s the news link?</p>

<p>NPR–open your radio.</p>

<p>No thanks. I only listen to Air America. :D</p>

<p>They should be up considering.</p>

<p>Issue for states is never being ready for changes in the economic cycle. Someone somewhere also seems to be intent in taking whatever the conditions are at that point in time and extrapolating them forever.</p>

<p>At some point, revenue will be down again and states will have to make tough decisions…again.</p>

<p>Certainly not here in NJ - unless you count the tax increases that Corzine just pushed through to ease the financial mess that we are in. It costs a lot of money to maintain the status of the most corrupt state in the union, you know.</p>