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re: LA tuition donation tax credit
Posted on 8/9/18 at 6:52 am to I B Freeman
Posted on 8/9/18 at 6:52 am to I B Freeman
In looking at this, this credit actually saves the state money. According to the legislation on this credit, the programs are limited in how much they can give a child for a scholarship. The max value of the scholarship is 10-20% less than what the state is on the hook for when a kid goes to public school.
So it's a cost savings to the state and a kid in poverty goes to the school of the parent's choice. Not to mention the financial benefit to a taxpayer.
So it's a cost savings to the state and a kid in poverty goes to the school of the parent's choice. Not to mention the financial benefit to a taxpayer.
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