Describe one of the following key concepts for funding for education. Include what you find to be the value of the financial concept. (1 to 1.5 pages) Key Concepts: rate bills, fees, tax shifting, ad valorem taxes, real property, personal property, income tax, sales tax, excise tax, severance tax, value-added tax, lottery, tax rate, tax base, circuit breaker, homestead exemption, elasticity, ability to pay, neutrality, predictability assess valuation, and fractional valuation.
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