Assuming that the court rules against a voucher and the program reverts to a bill that passes giving parents money directly in the form of a refundable tax of $7,000 per student. Fine, but close to 50% of SC families do not pay state income taxes. Help me out on this, what good would s tax credit do if a person has no tax liability?
A refundable credit allows a filer to get a refund exceeding their tax liability. It would work much the same as the Earned Income Credit or Child Tax Credit.
“Refund”, in that context, is a misnomer. “Subsidy” is a better word, assuming the cost of education exceeds the amount of the credit. If the credit can exceed the cost, “welfare” is appropriate.
The Taxpayers provide a public education system for everyone. No discrimination, no legacies, no religious test. Anyone can attend. I am all for making that an excellent school system. But this “hey neighbor will you pay for my kid’s private school plan” is just a scam to get those of us who do not have children in school, and those of us who have children in public schools to foot the bill for private schools. Schools our children, grandchildren, nieces, nephews etc. may not even be admitted to if they wanted to go. Tell private schools that if they want state money, they have to take students on a first come first serve basis and see how many take you up on that.
Can you imagine Joe Megabucks, whose kid goes to Porter Gaude, being told, “The good news is you got a private school voucher, the bad news is Jill from the projects just took over your kid’s slot. Better luck next year, and could you turn in
Preston’s monogrammed blazer at the door on your way out?
They say they are just taking back the money they pay to public schools, but that is a lie. Remember school taxes on private residences have been eliminated. So no single individual pays $7000 to to the public school system. They are taking more from the system than they paid in, hurting the people who are left or requiring the rest of us to pay more to support the public school system. I.E. Scam.
Remember to vote against anyone who votes for vouchers. They are picking your pocket.
7 comments
Assuming that the court rules against a voucher and the program reverts to a bill that passes giving parents money directly in the form of a refundable tax of $7,000 per student. Fine, but close to 50% of SC families do not pay state income taxes. Help me out on this, what good would s tax credit do if a person has no tax liability?
Hey man, you can’t just out Sick Willie’s welfare-for-the-rich program like that! We still need the gullible rubes thinking this program is for them!
Correct that to “refundable tax credit of $7,000 per student.
A refundable credit allows a filer to get a refund exceeding their tax liability. It would work much the same as the Earned Income Credit or Child Tax Credit.
“Refund”, in that context, is a misnomer. “Subsidy” is a better word, assuming the cost of education exceeds the amount of the credit. If the credit can exceed the cost, “welfare” is appropriate.
Socialism that Fitsnews approves of!
The Taxpayers provide a public education system for everyone. No discrimination, no legacies, no religious test. Anyone can attend. I am all for making that an excellent school system. But this “hey neighbor will you pay for my kid’s private school plan” is just a scam to get those of us who do not have children in school, and those of us who have children in public schools to foot the bill for private schools. Schools our children, grandchildren, nieces, nephews etc. may not even be admitted to if they wanted to go. Tell private schools that if they want state money, they have to take students on a first come first serve basis and see how many take you up on that.
Can you imagine Joe Megabucks, whose kid goes to Porter Gaude, being told, “The good news is you got a private school voucher, the bad news is Jill from the projects just took over your kid’s slot. Better luck next year, and could you turn in
Preston’s monogrammed blazer at the door on your way out?
They say they are just taking back the money they pay to public schools, but that is a lie. Remember school taxes on private residences have been eliminated. So no single individual pays $7000 to to the public school system. They are taking more from the system than they paid in, hurting the people who are left or requiring the rest of us to pay more to support the public school system. I.E. Scam.
Remember to vote against anyone who votes for vouchers. They are picking your pocket.