Nebraska senators struggle to fund schools and cut taxes

[TexasTowelie]

LINCOLN, Neb. (AP) — Three months after a coalition of Nebraska lawmakers started looking for ways to pay for K-12 public schools while lowering property taxes, senators still haven't united behind a proposal and a tight budget could threaten their plans.

Senators on the informal committee said they're hopeful they can agree on a plan to sell to the Legislature in next year's session, despite a possible revenue shortfall that would limit their options.

The group wants to change Nebraska's school-funding formula, which has been sending less money to rural schools because of soaring farm and ranchland values.

"I'm cautiously optimistic," said Sen. Tom Briese, of Albion. "There's a lot of sentiment within the committee to change how we fund education to ensure more dollars get to school districts."

Read more: https://www.starherald.com/news/regional_statewide/nebraska-senators-struggle-to-fund-schools-and-cut-taxes/article_a1734595-a2b6-52cd-a276-baae3fae2a6e.html

[Hermit-The-Prog]

1. maybe stop reverse Robin Hood

We've had about 40 years of robbing the poor to pay the ultra-rich. Maybe it's time to stop voodoo economics, a.k.a., trickle-down. Maybe it's time to return to a progressive income tax structure where the amount you pay back depends on how much you extract from the economy and hoard.

Maybe it's also time to address the wrong-headedness of assuming only property owners benefit from educating the populace.