POLITICSTHE 74
‘A Sea Change’: Public School Supporters See Potential in New Tax Credit
The new Education Freedom Tax Credit allows taxpayers to claim a dollar-for-dollar credit up to $1,700 for donating to scholarship granting organizations (SGOs), which can fund both private and public school scholarships. Advocates argue this could benefit public schools by attracting taxpayer support, while critics warn it may divert funds from public education to private institutions.
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Adjacent reporting
- Linda McMahon suggests states could set their own rules for federal tax-credit scholarships
- North Carolina Senate overrides ninth Stein veto to enact scholarship tax credit bill
- Billionaire and Republican megadonor is funding scholarships for students at closing Philly schools
- Bitcoin-Funded ‘Satoshi Scholarship’ Opens Lomond School Doors to Global Students
- Billionaire and Republican megadonor is funding scholarships for students at closing Philly schools