August 24, 2018

CNBC: Cutting SALT–It Could Be the Last Day for This Tax Saving Strategy

media mention

There are 18 states with private school voucher tax credits, including programs in Arizona, Alabama and South Carolina. A number of them offer credits to contributing taxpayers on a dollar-for-dollar basis.

“In a perverse situation, you donate $100 and you get back $137 in the form of state tax credits and deductions,” said Carl Davis, research director at the Institute on Taxation and Economic Policy. Read more