Legislative proposals to eliminate property taxes in Pennsylvania have gained steam in the Legislature, posing a serious threat to stable, predictable education funding. Most of the proposals currently before the General Assembly do not address the primary issue with property taxes in Pennsylvania — that too few state dollars are used to support public schools in the commonwealth. Pennsylvania can help seniors and working families having trouble paying their property taxes with better targeted strategies while still protecting critical investments in public education.
The amendment offers revisions to address technical concerns about the bill. It would impose a foundational re-organization of the state’s taxation and educational systems, with potentially vast negative consequences for Pennsylvania’s schools, its workers and consumers, and the economy of the commonwealth.
Efforts to reform property taxes in Pennsylvania have heated up in recent months, but the four major proposals currently before the General Assembly do not address the primary issue — that too few state dollars are used to support public schools.
The future of Pennsylvania schools — and the quality of education every child receives — is at stake in the debate over property tax elimination in Harrisburg. Watch our short whiteboard video to learn more and then share it with your friends.
A new analysis from the Independent Fiscal Office concludes that a proposal to eliminate property taxes in Pennsylvania would leave school districts with $2.6 billion less in overall funding within five years. Looking at all education funding streams, the IFO found that Pennsylvania schools would see a net decrease of $1 billion in 2018-19 from the current system. So what is the difference between the $2.6 billion total loss in school funding and the $1 billion net decrease?