Copyrighted Image? DMCA | Governor Cuomo's proposal for "Education Tax Credits" is a voucher plan with a different name, usually offered by rightwing Republicans, not Democrats who claim to be progressive.The rhetoric is about "parental choice," but the big beneficiaries would be wealthy donors to private and religious schools.For those who support private and parochial education systems, with a true spirit of generosity, we say good for them. But tax revenue shouldn't be diverted away from state coffers -- which is what tax credits end up doing -- so more money makes its way to private schools. One controversial part of the bill includes access to tax credits --75 percent of any gift up to $1 million -- for donors. The pool of money for the tax credits is limited; the dollars would be doled out on a first-served basis. Large corporations with fancy accounting firms can quickly grab the tax credits, ... |
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