Bloomberg BNA: Private School Tax Credits Transform Charitable Incentive Into Profit Scheme

Public schools are funded by taxpayer dollars. School tuition vouchers allow taxpayer dollars to fund private education by paying for private school tuition. Tuition tax credits work in a similar fashion, by allowing a credit for donations to private school voucher funds. In this article, the Institute on Taxation and Economic Policy’s Carl Davis, discusses how state and federal tuition tax credits can be profitable to a donor. Read more

---