It exists in many, many states in some form or another: New Jersey (where every dollar collected from the progressive income tax is funneled redistributionarily

It exists in many, many states in some form or another: New Jersey (where every dollar collected from the progressive income tax is funneled redistributionarily to municipalities), Connecticut, and Vermont to name a couple. For one eye-popping counterexample to the notion that redistributionary school funding policies are effective, it might be worth understanding what happened in Newark[0], where 75% of the school is paid for the state already. [0] https://www.newyorker.com/magazine/2014/05/19/schooled https://www.newyorker.com/magazine/2014/05/19/schooled