Although I am in favor of a "school tax", we must also realize that in actuality it is an income tax. We cannot impose an income tax without eliminating or re-structuring the Dividend. I have recommended we do both at the same time. Under my proposal, we would run a $500 million surplus instead of a $300 million deficit as the Governor currently proposes. This will allow for better inflation proofing of the PF which will enable the PF to grow at a faster rate. To soften the blow of eliminating the Dividend, I propose a $2500 Dividend this year and then suspend it for at least the next three years. Additionally, I prefer the pre-1980 version of the school tax with the cap raised to $100.