Anleiherecht, Reichsschuldenwesen, Reichsschuldbuch, Anleiheablösung, Anleihen auf Grund des Dawes-Plans, Anleihen der Reichspost und Anleihen der Schutzgebiete

The fiscal problem in Missouri

Bibliographic data

Monograph

Identifikator:: 1799766322

URN:: urn:nbn:de:zbw-retromon-185224

Document type:: Monograph

Author:: Schultzenstein, Siegfried http://d-nb.info/gnd/117236365

Title:: Anleiherecht, Reichsschuldenwesen, Reichsschuldbuch, Anleiheablösung, Anleihen auf Grund des Dawes-Plans, Anleihen der Reichspost und Anleihen der Schutzgebiete

Place of publication:: Berlin

Publisher:: Sieben Stäbe- Verl.- u. Dr. Ges.

Year of publication:: 1929

Scope:: LV, 326 S.

Digitisation:: 2022

Collection:: Economics Books

Usage license:: Get license information via the feedback formular.

Chapter

Document type:: Monograph

Structure type:: Chapter

Title:: III. Anleiheablösung

Collection:: Economics Books

PUBLIC SCHOOL FINANCE 255 had been organized along twentieth century lines. The bill passed by the 1929 legislature meets only half of the problem. There is grave danger in such a measure, as it may be ex- pected that any unqualified increases in state aid will tend to further entrench the present district system. Such increases remove the incentive to consolidation. The localities should finance their own expenditures insofar as they are able to do so. Where, of two adjoining districts, one has an exception- ally high valuation and the other has an exceptionally low valuation, there is no necessity for shifting the school burdens of these districts to the state.”* In the light of this statement, it would seem that the one-room district in many sections of Missouri might become even more firmly en- trenched if the recommended financial plan were adopted. The plan as recommended involves a considerable shifting of tax burdens, and the degree of shifting that would result is held to be desirable. The reduction of a district school rate from $0.65 to $0.20 per $100 of assessed valuation would in- volve a decrease of almost 709, while a reduction from $1.00 to $0.20 would involve a decrease of exactly 80%. It seems highly questionable whether the desired degree of equaliza- tion in tax burdens would be achieved by changes in local rates so radical as these. The financial plan is apparently based in part upon the theory that such a result would be accomplished regardless of whether the reduction in the school rate represents a comparatively small decrease in total raxes in one district and a much larger decrease in another. The question arises whether a radical reduction in local tax rates is expedient, or whether it might not be more desirable to increase the state’s contributions to the support of public schools over a considerable period of time, thereby making it possible to test such changes in tax burdens as may occur when the successive changes are made. As the subject of tax burdens is rather elusive and in many instances defies careful statistical analysis, a gradual change has much to commend it. At least a gradual change would make it pos- sible to observe the effects, and it should also insure against an excessive shifting from one group to another. Finally, the proposed financial plan is an untried experi- 1 Compton, R. T., Fiscal Problems of Rural Decline, Albany, N. Y., 1929, p. 182.

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