"Issues associated with replacing the property tax with state grants"

The Andrew Young School of Policy Studies at Georgia State University has published a policy brief (July 2007, Number 157) entitled "Issues associated with replacing the property tax with state grants." You can find the brief at http://aysps.gsu.edu/frc/files/brief157.pdf
It's just four pages long and well worth printing and reading. "This policy brief presents a set of issues and questions that should be considered as the state considers the elimination of local property taxes and their replacement with state grants....This brief focuses on the issues that arise in reducing local government fiscal discretion and establishing a state grant program to replace the lost revenue...."

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