Atlanta Journal-Constitution: Georgia’s Tax Credit Program Is Profitable for the Rich

The national School Superintendents Association, which opposes the tax-based tuition subsidies because they leave less money on the table for public schools, published the report Public Loss, Private Gain, with the Institute on Taxation and Economic Policy. It describes the “double-dipping” tax benefits gained by those who donate to such programs in Georgia and eight other states.

“The potential for wealthy individuals to turn a profit by claiming these credits is accelerating the diversion of critical resources away from public schools,” it says, labeling the programs “get rich schemes for shrewd taxpayers.” Read more