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Would it be better to increase the use of sales and income taxes to fund elementary...

Would it be better to increase the use of sales and income taxes to fund elementary and secondary education, or is it better to rely on the property tax? What are some other innovative ways to provide funding for schools?

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Relying on property tax is better than use of sales and income tax. Property tax has the largest share of independent local revenue.So Government used property tax as the primary means to finance local schools.Main advantage of using property tax is that those with a greater ability to pay are taxed more. Homeowners tend to be better off than renters,and owners of expensive homes usually have more funds at their disposals. Half of the total property tax dollars collected in the United States are used to finance public elementary and secondary education.

Other innovative ways are increasing budgetary support is an option. Budgetary constraints limit the quantum of scholarship, which are reserved for the poorest.Education loans are available but expensive. Income sharing agreements are an option-ensuring revenue without limiting access. Can use brain power as an investment.

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