New York Times: Betsy DeVos Backs $5 Billion in Tax Credits for School Choice
media mentionCarl Davis, the research director for the Institute on Taxation and Economic Policy, noted that the new tax credit would be extremely generous in providing a 100 percent tax break, especially because the new tax law eliminated some incentives for charitable giving. “Now they want to put a supersized one back into the code,” he said, “but only if you donate to the cause they’ve cherry-picked for you: private K-12 schools.” Read more