Because Property Taxes Are the Primary Source of School Financing

question 55

Multiple Choice

Because property taxes are the primary source of school financing,

• A)financial inequity between school districts is likely.
• B)school districts receive the same income per student.
• C)states take money from poor districts and re-distribute it to wealthy ones.
• D)property taxes have declined in recent years.

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Definitions:

Deadweight Loss

The decline in economic productivity that happens when a good or service does not reach or cannot reach its equilibrium.

Tax

A required monetary fee or different kind of tax levied on a taxpayer by a government entity to finance government operations and a range of public expenses.

Buyers

Consumers or organizations that acquire products or services for direct use or ownership.

Sellers

Individuals or entities that offer goods or services for sale in a market.