Funding schools by highly localized tax isn’t universal. The US adopted it to make sure less affluent areas have worse schools. I believe the UK does similar things, but they also want marked differences between public and private school alumnus.
but most that tried it abandoned it — capital flight and valuation headaches.
And most importantly: relentless lobbying by the wealthy to get rid of those taxes.
Funding schools by highly localized tax isn’t universal. The US adopted it to make sure less affluent areas have worse schools. I believe the UK does similar things, but they also want marked differences between public and private school alumnus.
And most importantly: relentless lobbying by the wealthy to get rid of those taxes.
source on the size of the effects of lobbying vs flight risk?
I would like to agree with you, its just very not-obvious which influence dominates.