Brian O’Neill’s column “Corbett’s Legislative Attack Is on the Money” (July 17) was excellent as are the many other editorials concerning the pension problems associated with teachers and legislators. I wish someone would offer a true solution to the problem instead of rehashing the issue.
Changing to a 401(k) is not the answer as it will take 20 to 30 years to have any impact. I suggest a 0.5 percent to 1 percent sales tax increase on everything except food. This way all the (legal/illegal) businesses pay a fair share. All money would go to education, split between pension needs and education. Every school would receive the same dollars per student, and if additional income is required then use the real estate tax method.
Using the real estate tax as a means to fund schools is antiquated. The formulas used are 30 to 50 years old and reassessments haven’t taken place in 30 to 40 years (in most areas). Let’s get real and make some changes and stop playing politics.
First Published July 24, 2014 8:00 PM