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Yo_Mama_Been_Loggin

(108,049 posts)
Sat Dec 2, 2017, 09:43 PM Dec 2017

After a high-drama vote, here's what the Senate tax bill means for schools, parents and students

The Senate tax bill that passed in the wee hours of Saturday morning could have massive implications for schools and universities, students and parents. Public education advocates warned that certain provisions could put pressure on state and local spending for public schools while giving parents incentives to send children to private schools.

The bill passed 51 to 49 after senators worked through the night on last-minute revisions and amendments — including some scribbled in the bill’s margins. The legislation has to be reconciled with a version passed by the House before being sent to President Trump, but many of the provisions affecting education are likely to stay.

Public education advocates hammered the bill for offering incentives to private school parents through tax-free school savings accounts while eliminating the deduction for state and local taxes that fund public schools.

“It’s crazy that we’re eliminating the ability of people to deduct their state and local taxes that go directly to local services, including schools . . . while at the same time providing a $10,000 incentive for folks to send their kids to private schools,” said Sasha Pudelski, assistant director for policy and advocacy at the American Association of School Administrators, which represents public school superintendents across the country.

-more-

https://www.msn.com/en-us/news/politics/after-a-high-drama-vote-heres-what-the-senate-tax-bill-means-for-schools-parents-and-students/ar-BBG3lXD?li=BBnb7Kz&ocid=edgsp

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