Funding schools based on local property tax was institutionalized as a way to ensure rich people don’t have to pay for poor people’s education.
[0]: https://apps.urban.org/features/school-funding-do-poor-kids-...
That's a lot. From your own link, a vast majority of schools are regressive, i.e poor people get less.
"A handful - Nevada, Wyoming and Illinois are weakly regressive, and the majority have a weakly progressive distribution of funding to poo vs non poor students"
Actually, looking at the data further, you can't really draw a conclusion about whether or not the funding is regressive or progressive. The local funding is definitely regressive, but you'd need to know how state and federal funds were distributed across schools to know if the end result was progressive or regressive. For instance, if federal funding was evenly distributed to every school, that would still be regressive.
The best teachers still don't want to work there because being called the c-word by 1st graders or having a 3rd grader threaten to stab you (and seem like they really mean it) and not being able to do anything about it because the two fights and one baggie of drugs admin's had referred to them by noon today has them too busy to spend any time on "minor" stuff like that, plus having lockdowns with police patrolling the halls and yelling at anyone who so much as pokes a head out a door without clearing it with them first, due to credible threats of violence, several times per year, makes you want to do literally anything else as a career in a hurry. 15-20% higher pay than the next-best-paying district doesn't make it worth it.
Schools can't fix poverty and ghettos no matter how much money you give them, but trying that is simpler than fixing the real problems that cause very, very "bad" schools, so that's what we do, even though it will never work.
While a lot of modern education funding reforms in America focus on redistributing funds to support poorer communities, this is not an immediate win. In states like California where local property taxes have been effectively abolished by a voter backed constitutional amendment, there are big challenges in fairly negotiating the allocation of resources across the different regions of the state.
2. People who are concerned about the allegedly regressive character of public school funding would do well to spell out their model of how spending affects basic math and writing performance. For almost all of history, every educated person studied under conditions that made the most impoverished reservation school in North Dakota look like Andover.