California School Fiscal Services
|Posted on May 11, 2015 at 5:20 AM|
Because the parcel tax is a tax on land, it has many advantages over other taxes.
Designed properly, it causes virtually no deadweight loss—that is, it does not diminish economic
activity the way the sales and income taxes do. The essence of a properly designed parcel tax is not
a at tax but rather a tax per square foot of land, applied uniformly to all land uses.
I encourage you to read this article even if you aren't current considering it for your district. It's provides an excellent overview of property tax in general, the impact of Prop. 39 on education, utilizing several comparative graphs and charts.