private-school-tax-break-plan-gains-momentum-under-trumps-education-agenda

Private school tax-break plan gains momentum under Trump's education agenda

 • 612 views

A new tax-credit system could help thousands of families pay for private education through scholarship funds Its expected to cost about $5-billion yearly in tax revenue and faces strong push-back from public education advocates

The education landscape might see big changes as Donald Trump pushes for a new school-choice program. His tax-break plan (which is different from earlier voucher ideas) would make private schooling easier for many families

The proposed system lets people and companies get tax-credits up to 10% when they give money to school-scholarship funds; these funds would help families that earn up to 3x their areas median income. The programs cost would be around $5-billion per-year in lost tax money

Private-school choice programs have seen a big jump since covid — more than 1-million students use them now which is twice as many as before the pandemic. Linda McMahon‚ Trumps pick for education secretary and ex-small business chief is ready to push this agenda forward

Linda will fight tirelessly to expand ʼChoiceʼ to every State in America

Trump stated this week

The tax-credit approach seems more likely to work than past ideas: its getting support where direct-voucher programs failed in places like Nebraska and Kentucky (during Nov-5 elections). Public-school teachers dont like this idea though — they say it takes money away from the 50-million kids in public schools

The National Education Association points out some problems: these private schools dont have to show what they teach or how they spend money. Federal funding is already bigger in Republican states: they get 15% of their K-12 money from Washington while Democrat states get just 11%

Popular

News by theme