by David Safier
Myth No. 4: Suspending the tax credit for donations toward private school tuition would save money and mitigate the need for education budget cuts.
Fact: Getting children into private schools with $1,000 of foregone tax revenue costs less than the $9,000 spent on a child in the public school system. To save money, the Legislature should expand the private school scholarship tax credit and move more children from public to private schools. Suspending it will disrupt these students’ educations and increase costs to the state as children return to public schools.
Let me explain how individual tuition tax credits work. Basically, they're a way for people who already send their kids to private school to have the state pick up part of the tab. In other words, the tax credits are back door vouchers or, as one educational writer calls them, neo-vouchers.