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Last week on Tax Day, 30 Democratic Senators, including Senators Schumer and Gillibrand from New York, introduced the Keep Public Funds in Public Schools Act to repeal the Federal Scholarship Tax program approved as part of the Big Beautiful Bill. A more appropriate name for this bill would be “Keep Public Funds out of Parents’ Hands” because the goal of killing the federal tax credit is to keep our tax dollars under the control of unionized district schools, not parents.
Beginning next year, the Federal Scholarship Tax program allows taxpayers to deduct $1,700 from their federal taxes and donate it to support low-income kids through scholarships, tutoring, or other educational expenses. It not only benefits students who attend tuition dependent private schools but also traditional and charter public school students who cannot afford various, increasingly critical expenses like after-school programs, books, and extra instruction.
Continue reading the entire piece here at AMNY
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Danyela Souza Egorov is a fellow at the Manhattan Institute. William Henson is the president emeritus of Cristo Rey Brooklyn High School and a former senior investment banker.