Tax Credit News
It's called when great legislation passes when you're not looking, or even hardly hoping it will pass. It's when the tax payers who will benefit from it don't even realize the benefit they will receive. It's what I consider one of the most brilliant concepts in the education debate. It's called tax credits for private and home schools. It's found in this year's budget.
When the late night revisions to the budget were offered, out of the blue, a $100 per student tax credit for home and private educators showed up. That means that if you educate your child at home, or send them to a private school you can take $100 off of you taxes. It also appears to be refundable meaning that if you don't even pay $100 in income taxes in the first place, you will get a check from the government for $100 (per child).
Read here about it in the budget (page 19,20).
And does Doyle like it? Take a guess. From Wispolitics Budget Blog
Notice the contradiction. Tax breaks for home schoolers IS funding education. And as I've always pointed out before it is a VERY effective way to do so. Just for every family you pursuedto go to a private school or home school their kids with this tax credit you are helping fund a parents prefer choice for the education of their child AND saving the state approximately$9,900! You can say "wow" again. If Doyle vetoes this he should be pounded with every cannon on board ship for not only NOT funding education but NOT saving tax payers as well. Load. Aim. ......
And the MJS? Notice how much it costs.
At least this story got it more straight:
A new tax credit for parents who home school their children or send them to private school, saving those parents $14.6 million per year.
If Doyle vetoes this he should be pounded with every cannon on board ship for not only NOT funding education but NOT saving tax payers as well. Load. Aim. .....
When the late night revisions to the budget were offered, out of the blue, a $100 per student tax credit for home and private educators showed up. That means that if you educate your child at home, or send them to a private school you can take $100 off of you taxes. It also appears to be refundable meaning that if you don't even pay $100 in income taxes in the first place, you will get a check from the government for $100 (per child).
Read here about it in the budget (page 19,20).
And does Doyle like it? Take a guess. From Wispolitics Budget Blog
He [Doyle] singled out one of the amendment provisions, providing tax breaks for home school parents, for derision. "Tax breaks for home schoolers while cutting education in this state by $400 million, that's not very good public policy," he said.
Notice the contradiction. Tax breaks for home schoolers IS funding education. And as I've always pointed out before it is a VERY effective way to do so. Just for every family you pursuedto go to a private school or home school their kids with this tax credit you are helping fund a parents prefer choice for the education of their child AND saving the state approximately$9,900! You can say "wow" again. If Doyle vetoes this he should be pounded with every cannon on board ship for not only NOT funding education but NOT saving tax payers as well. Load. Aim. ......
And the MJS? Notice how much it costs.
Giving parents who home-school their children, or who send them to private schools, a new $100-per-child income tax credit, which wouldcost a total of $14.6 million. Parents whose children are enrolled in Milwaukee's Choice program, which allows low-income students to attend private schools at state expense, would not qualify for the credit.
At least this story got it more straight:
A new tax credit for parents who home school their children or send them to private school, saving those parents $14.6 million per year.
If Doyle vetoes this he should be pounded with every cannon on board ship for not only NOT funding education but NOT saving tax payers as well. Load. Aim. .....
posted by Lucas @ 11:10 PM
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