Post #61072 by Steve203 on the US Policy board

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...even more.

Abbott promises to gut property taxes for public schools, starving them to death

The governor promised to push through laws to make it almost impossible for school districts to raise taxes. In announcing his run for a record fourth term, he also said voters should have the power to reduce or eliminate school funding entirely.

Abbott is aligning himself with the most reactionary members of his Republican Party. For decades, fringe conservatives have wanted to end government-run schools and send every child to private institutions run by clerics or ideologues under the banner of parental choice.

Texas already ranks 47th in the nation in public school funding and pays teachers $10,000 less a year than the national average. No surprise then that Texas students trail the nation in reading and math scores, according to the Nation's Report Card, a nonprofit that analyzes testing data.

https://www.msn.com/en-us/news/politics/abbott-pro...

This is the trend I was looking to exploit, a year ago, when I opened a position in Stride. Bailed out in September, when the fraud allegations against Stride came to light. The stock is now trading at half of it's price in September. *whew*, dodged another bullet.

Steve

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