A bill now in Congress would expand tax-credit scholarships nationwide, creating a dollar-for-dollar federal tax credit for individuals and corporations. That could “undermine public education,” according to a new report by The School Superintendents Association and the Institute on Taxation and Economic Policy. It says that, as a result of tax-credit scholarships, more than a billion dollars a year are currently being diverted from state coffers to private schools.
“When some taxpayers are allowed to profit, at the public’s expense, by donating to support private schools, the entire concept of philanthropy is thrown out the window,” the report’s co-author, Carl Davis, tells NPR Ed. Read more