• thevoidzero@lemmy.world
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    2 days ago

    Ok, I’m confused. if schools are funded by property taxes, wouldn’t they be more funded now because the property taxes are higher? Because the property taxes are increasing because the value of the house is increasing right? That doesn’t increase the expenses, all the money should be way more than what it used to goto school in the past

    • Canaconda@lemmy.ca
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      1 day ago

      The USA funds schools municipally, while most other countries fund it federally or state/provincially. Problem with municipalities is that they’re too small to issue bonds so their only way to raise money is through property taxes.

      USA deliberately did it this way so that they could keep black people in poverty. They red lined them into low property value areas and then made them fund their own schools. That’s why every time black communities actually built wealth they were literally bombed and burned to the ground.

      • thevoidzero@lemmy.world
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        10 hours ago

        So once again the case of “I want good things but I don’t want good things to people I don’t like even more”. Leading into everyone being worse off. Classic US of A

    • Passerby6497@lemmy.world
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      2 days ago

      Schools are funded by property taxes, but property taxes aren’t only used for property taxes, they get used for all sorts of things. Hell, my former state at one point added a certain amount from the lottery to the school funding, then promptly took away that much from property tax funding to pay for some other dumb thing.