Word: universitiesã
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...nation’s current economic woes mean that many states are grappling with budget crises. But Romney’s proposed means of generating revenue in Massachusetts—including fee and toll increases and tuition hikes at state colleges and universities??act as a form of regressive taxation. Because every individual faces the same cost, the poor will lose a larger percentage of the incomes to state fees—while they simultaneously suffer the most under Romney’s budget cuts...
Aimed to dispel notions that tax-exempt universities displace neighborhoods and deprive cities of their rightful property tax revenue, the report emphasizes the universities?? steady growth even in times of economic recession...
Bacow also noted the universities?? ability to draw crowds to the region. He estimated that commencement exercises attract crowds “larger than the superbowl...
...study, entitled “Engines of Economic Growth,” reports that these eight research universities??Harvard, Boston College, Boston University, MIT, University of Massachusetts at Boston, Brandeis, Northeastern and Tufts—are particularly vital in helping the region’s economy recover from the recession...
...report also focuses on the positive aspects of the universities?? impact on the region—particularly with growing local industries such as computing, biotechnology and genetics...