School Taxes Can be Simpler and Fairer

Presented by: Steph Wu, Public Assets Institute
Sponsored by: Northfield Democrats

When: Tuesday, March 15, 2022
Time: 7:00 – 8:30 PM
Where: Community Room, Brown Public Library
OR
Live Streaming on https://www.facebook.com/Northfieldvtdemocrats/

A few things stand out about the way Vermont pays for pre-K-12 education: Most Vermonters pay school taxes based on their income, not the value of their homes. And resources from across the state - residential taxes, non-residential taxes, and other sources - are pooled to achieve a basic level of funding equity for taxpayers and students. The system's challenges are its complexity and regressivity. Public Assets Institute will give a brief overview of the funding system and share what a shift to an entirely income-based model would mean for fairness and affordability.