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Reply to "North Dakota Ballot Measure to get rid of Property Tax"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]This is a great way to end up with terrible schools, unless you make up for the lost revenue with another form of taxation. [/quote] Live in a no state income state. When we moved here (from DCUM), I was expecting property taxes to be really high (how else do you fund schools and such). Bought a home worth double, and my taxes were 75% of what I paid in HoCo. Schools are similar quality. [b] However, current schools are severely underfunded and much of what makes them "great schools" is the local school foundation (donations from parents who know we need more $$$ to keep the schools great, to offer Art and Music in ES, etc). [/b] So yeah, lower PT and no state income taxes is not the best idea---it works in some areas, but most where it works in our area have donations [/quote] That sounds like a feature. The schools with wealthy kids can use private donations to stay on par with schools in higher tax states. The schools in less wealthy areas, on the other hand... [/quote]
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