On Tue, Nov 21, 2000 at 04:27:52PM -0500, Max Sawicky wrote:
> No they don't. Local public ed is overwhelmingly
> financed by local property taxes on residences.
>
> That has changed in a few states in the wake of
> some court decisions that have forced state govs
> to provide 'equal treatment' by centralizing finance
> to some extent, meaning the use of state revenues
> instead of local ones. Typically the revenue used
> is the sales tax. My feeling is that this is a big
> improvement, though I don't know of any empirical
> work that shows this. The localness of property taxes
> suggests greater regressive effects since people sort or are
> sorted (against their wishes) among local jurisdictions
> according to race and income.
>
> mbs
>
>
> (((((((((((((
>
> CB: I was going to ask about that claim too. What, capitalist corps pay the
> most property taxes , or something ?
>
>
-- Michael Perelman Economics Department California State University Chico, CA 95929
Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu