Overview. The Department of Education spends about $30 billion a year on subsidies for higher education. The bulk of that funding goes toward student aid programs, with the balance going toward grants to educational institutions.ote that the figures for loans are the net amount of federal support, based on assumptions about loan repayments. The gross amount of loans is much largerâin fiscal 2008, the gross amount of loans was $110 billion. In recent years, Congress has expanded subsidies for higher education.
Loading the player... A tax credit is an amount of money a taxpayer is able to subtract from taxes owed to the government. The value of a tax credit depends on the nature of the credit, and certain types of tax credits are granted to individuals or businesses in specific locations, classifications or industries.
A land/location value tax, also called a site valuation tax, split rate tax, or site-value rating, is an ad valorem levy on the unimproved value of land. Unlike property taxes, it disregards the value of buildings, personal property and other improvements to real estate. Land value taxes are generally favored by economists as it does not cause economic inefficiency, and it tends to reduce inequality. Land value tax has been referred to as the perfect tax and the economic efficiency of a land v