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Strauss, Robert P. – Journal of Education Finance, 1995
Summarizes arguments for and against replacing the local school property tax by a local school income tax. Explores the empirical effects of such policies for New York State. Using a 3% income tax and refashioning state aid to a foundation level of $8,068 per pupil would not require substantial new state revenues. (38 footnotes) (MLH)
Descriptors: Educational Finance, Elementary Secondary Education, Finance Reform, Funding Formulas