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I agree that property taxes are wealth taxes, but they’re particularly pernicious ones. The big issue is that schools are primarily funded by property taxes, w

I agree that property taxes are wealth taxes, but they’re particularly pernicious ones. The big issue is that schools are primarily funded by property taxes, which creates a system by which the children of rich Americans get better educations than poor children, reinforcing existing economic positions. That being said, a state level wealth tax would go a long way to smooth these things out compared to property taxes.

wahern 6y ago
> The big issue is that schools are primarily funded by property taxes, which creates a system by which the children of rich Americans get better educations than poor children, reinforcing existing economic positions. This funding disparity isn't the case in California, yet it sees similar outcomes in terms of educational achievement.