Discussion Post: "Funding for Education"
1) Go to the "Quarterly Summary of State and Local Tax Revenue". Review the revenue information for your state ARKANSAS.
2) Review the revenue of two neighboring states. TENNESSEE OKLAHOMA.
3) Review "Sales Tax Holidays: Politically Expedient but Poor Tax Policy 2015".
4) Read "Sales Tax Holidays: An Ineffective Alternative to Real Sales Tax Reform"
Respond to the following:
a) From the above, evaluate the disparity of your state's budget allocation for education and property tax to the various localities. Based on your assessment, challenge or defend the equity of the system across the various localities.
b) Identify and explain your choices for reductions and increases. Discuss at least two lessons you learned about the challenge of balancing the federal budget.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.