A Broader Measure of Wealth and Effort for Educational Equality and Tax Equity.

McMahon, Walter W.

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Peer reviewed

ERIC Number: EJ186744

Record Type: Journal

Publication Date: 1978

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A Broader Measure of Wealth and Effort for Educational Equality and Tax Equity

McMahon, Walter W.

Journal of Education Finance, 4, 1, 65-88, Sum 78

Use of a broadened measure of wealth (including salary income, interest income, dividend income, and capital gains) and of the effective tax rate causes relatively more aid to flow to the low income school districts who, in fact, are now making the largest effort. (Author/IRT)

Descriptors: Elementary Secondary Education, Equalization Aid, Expenditure per Student, Finance Reform, Measurement Techniques, Models, State Aid, Statistical Analysis, Tax Effort, Tax Rates

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Education Level: N/A

Audience: N/A

Language: English

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Authoring Institution: N/A

Identifiers - Location: Illinois

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