Breaking down the solution

Eliminating the education property tax for residential homeowners will make how we pay for schools fairer than it has ever been.

In this chart, we compare where we were before the passage of a statewide property tax (Act 60); where we are now (the combined Acts 60/68); and where we could be if we adopted our fair tax proposals.

 Before Act 60Current system:
Act 60/68
Income-based
system
Local school districts set school budgets & make school spending decisions






Weighted pupil count – recognizing the variable costs to educate different kids






Statewide education fund




Non-residential taxes shared statewide




Towns with same per-pupil education spending have same tax rates




All Vermont kids have equal access to education resources




Taxes based on ability to pay


Eliminates homestead property tax for schools entirely


Eliminates the influence of local changes in home values on school tax rates


School tax payments spread out over the year


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