yodeljunkmanenvy [freestater.org]@piefed.social to Libertarian Discussion@sh.itjust.worksEnglish · 27 days agoNew Hampshire proposes to cap school spending (aka property taxes) to the rate of inflationnhjournal.comexternal-linkmessage-square8linkfedilinkarrow-up12arrow-down14file-textcross-posted to: libertarianism
arrow-up1-2arrow-down1external-linkNew Hampshire proposes to cap school spending (aka property taxes) to the rate of inflationnhjournal.comyodeljunkmanenvy [freestater.org]@piefed.social to Libertarian Discussion@sh.itjust.worksEnglish · 27 days agomessage-square8linkfedilinkfile-textcross-posted to: libertarianism
minus-squareT00l_shedlinkfedilinkEnglisharrow-up1·26 days agoNot increasing funding, when things are more expensive is cut
minus-squareyodeljunkmanenvy [freestater.org]@piefed.socialOPlinkfedilinkEnglisharrow-up1·26 days agoOkay bear with me here. So school budgets will still go up by the rate of inflation. Inflation is how much more expensive things have become, so in inflation-adjusted dollars, they will be getting the same amount of money. Does that make sense?
minus-squareT00l_shedlinkfedilinkEnglisharrow-up1·26 days agoYes, ok bear with me. You know inflation is always 100% accurate to reflect real costs right?
minus-squareyodeljunkmanenvy [freestater.org]@piefed.socialOPlinkfedilinkEnglisharrow-up1·26 days agoYes exactly!
Not increasing funding, when things are more expensive is cut
Okay bear with me here. So school budgets will still go up by the rate of inflation. Inflation is how much more expensive things have become, so in inflation-adjusted dollars, they will be getting the same amount of money. Does that make sense?
Yes, ok bear with me. You know inflation is always 100% accurate to reflect real costs right?
Yes exactly!
Im glad you agree with my sarcasm