Democrats in Legislature split over capital gains tax break - JSOnline
This split between the gas tax versus capital gains is quite interesting. The current split is between Democrats, rather than between the parties. Why?
What are these revenues for? Are they targeted to fund particular functions? Which?
What policy change was adopted several years ago that helped create the problem with funding this function?
How should particular functions be funded? Should the revenue be directly linked to the function or should all functions be paid for from the entire revenue pool?
Compare this with the traditional use of property taxes for K-12 education. How has education funding evolved over time? With what conseqences?