Tax Credits for School Choice
COLUMBIA, S.C. (AP) — Legislation that would help parents send their children to private school has advanced in the South Carolina House.
The idea of using tax credits to help parents foot the bill for private tuition has died repeatedly in the Legislature and divided Republicans. State economic advisers estimate the latest proposal would cost the state $133 million when fully implemented in 13 years. The cumulative loss of revenue to the state would be more than $800 million by 2023-24.
Supporters discount the state’s report as inaccurate. They think more students would transfer from public school, saving the state money.
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