The Conversation U.S.Hugely profitable ExxonMobil has received $580 million in property tax breaks in Louisiana since 2000, much of which would otherwise have gone into public school budgets.
It’s part of a nationwide pattern that starves school budgets to deliver tax breaks to businesses.
Poorer neighborhoods pay the price of substandard schools.
Our investigative unit worked with 3 of the leading academic experts on this issue to uncover the full scope:
https://theconversation.com/students-lose-out-as-cities-and-states-give-billions-in-property-tax-breaks-to-businesses-draining-school-budgets-and-especially-hurting-the-poorest-students-222940
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