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New Federal Tax Credit Boosts School Choice—but Blue States Face Big Decision
Tags: Current Focus, Renewal America, United States, Inequality / Upward Mobility, Movement for Renewal of America, Health, Mental Health, Education, 2. Cost of Living Action, 3. Income and Wages Fairness, 5. Bringing Jobs and Factories to the US, 6. Capital Allocation for Infrastructure, Goods and Services, 9. The Movement for Global Literacy, 10. Health- Body/Mind Wellbeing for All ,
Tax credit of $1700 to Scholarship Granting Organizations or SGO's, is part of the One Big Beautiful Act. This means that one gets a direct tax credit to offset taxes due in the tax return, so that a donation to an SGO will cost the one donating nothing. The government allocation for this is $254 billion to 2034 and will help parents with upto 3 times the median wage in the region finance their children's education. Will Blue states (states run by Democrats) under pressure from Education unions favoring public schools oppose the school choice this offers parents. Parents are increasingly frustrated with the public school education system's failure to give children a good education to get jobs and pursue higher education or apprenticeship education.
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