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In this episode of Pencils, Policy and Profits, I discuss the implications of eliminating property tax and its effect on public school funding. This state policy, if enacted through legislative action, could severely impact our education system. We must protect our teachers and ensure adequate resources for all students. To support my campagin go to michelleforstaterep.com 00:00 – Introduction & Episode Overview Michelle Williams sets the stage for the episode, explaining her background and outlining the promise and realities of eliminating school taxes. 00:30 – How Defunding Spurs Takeovers Explains how decreased funding enables state takeovers, focusing on Houston ISD and Dallas ISD’s finances. 01:26 – State Funding vs. Property Taxes Breakdown of how much funding comes from taxes versus the state, and what that means for school district budgets. 02:17 – Rising Costs & Budget Shortfalls Addresses inflation’s impact: fuel, electricity, food, and salaries, all rising while state funding stalls. 03:30 – Payroll Realities & Catch-22 Dallas ISD’s payroll absorbs its tax revenue; explains how defunding creates systemic problems and sets up state takeovers. 04:26 – Accountability Rules & Failing Schools Discusses how rule changes increase the number of “failing” schools and the link to funding. 05:05 – State Control & Public School Autonomy Highlights the impact of property tax elimination: loss of local control, state-appointed leadership, and consequences for teachers. 06:13 – Political Motivations & Senate Bill 1365 Unpacks how new laws and political strategies accelerate state takeovers and underfund schools. 07:32 – Duty to Support Public Schools Emphasizes the civic duty to support education even for those without children in the system. 08:18 – The Math Doesn’t Add Up Analyzes the financial impossibility of replacing school tax funding without drastic measures like a major sales tax hike. 09:30 – Call to Action Encourages listeners to get informed, speak to local school boards, and advocate in their communities. 09:56 – Campaign Support & Closing Thoughts Michelle Williams invites listeners to support her campaign, get involved, and help protect public education.