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SportTrac Discussion
General Sport Trac Discussion
Another Very Sad Day for the USA
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<blockquote data-quote="TrainTrac" data-source="post: 956552" data-attributes="member: 55399"><p>What about those families that rent? Aren't they then essentially putting their kids in school for free, since they pay no property tax on their residence?</p><p></p><p></p><p></p><p>A few years ago my county here in IL passed a 1% sales tax specifcally to generate revenue for the school districts in the county. Property taxes didn't go away, but the school districts came up with the idea as a way to generate funds for capital projects to make up for Federal and State funds that had dwindled/dried up in recent years. I thought it was an excellent idea, because then all the renters would then be contributing to the schools via their consumer spending. Not only that, but there are ~40,000 students at here at the University of Illinois that will contribute to our local schools every time they shop. The student population wasn't too thrilled when this referendum passed, but c'est la vie.</p><p></p><p></p><p></p><p>I also thought it was a great idea, because much like the Fair Tax, this allows folks much more freedom to determine how much they pay in taxes to the schools by their choices in consumer spending.</p></blockquote><p></p>
[QUOTE="TrainTrac, post: 956552, member: 55399"] What about those families that rent? Aren't they then essentially putting their kids in school for free, since they pay no property tax on their residence? A few years ago my county here in IL passed a 1% sales tax specifcally to generate revenue for the school districts in the county. Property taxes didn't go away, but the school districts came up with the idea as a way to generate funds for capital projects to make up for Federal and State funds that had dwindled/dried up in recent years. I thought it was an excellent idea, because then all the renters would then be contributing to the schools via their consumer spending. Not only that, but there are ~40,000 students at here at the University of Illinois that will contribute to our local schools every time they shop. The student population wasn't too thrilled when this referendum passed, but c'est la vie. I also thought it was a great idea, because much like the Fair Tax, this allows folks much more freedom to determine how much they pay in taxes to the schools by their choices in consumer spending. [/QUOTE]
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SportTrac Discussion
General Sport Trac Discussion
Another Very Sad Day for the USA
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