We presently fund education through property taxes.
Interestingly, if we were to achieve some sort of single payer universal health care system, property taxes for education would be lower immediately, since health care expense for teachers is one of the largest school budget items.
But the real question is whether in our time education should be funded by property taxes at all.
Governor Douglas has said that we should continue to fund education through property taxes because it is traditional to do so.
But at that earlier time ownership of property equated with wealth. And it was an equitable solution to have the wealth of the community pay the costs of education. Today many people own property who are not wealthy.
Wealth today is expressed in income. Once again to let the wealth of the community fund the costs of education would seem the equitable solution.
Therefore a mandatory tiered education tax on all income generated in Vermont, including that of the out of state owned corporations like Wal-mart would seem appropriate.