Education Next – Jason Bedrick and Marty Lueken
“Last year, more than 250,000 students in 17 states used tax-credit scholarships to attend schools their families chose. Under such policies, taxpayers can receive tax credits worth between 50 percent to 100 percent of their donations to nonprofit scholarship organizations that help low- and middle-income students attend private schools. Because such policies are growing in size and popularity, opponents of educational choice have resorted to “creative” accounting and incendiary rhetoric to discourage policymakers from adopting similar tax credits. They want the public to believe that charitable giving to benefit K-12 students helps donors more than it should; however, their claims do not withstand scrutiny.”(more)