In a burst of good policy, the Daily Tar Heel calls for the state to enact refundable education tax credits:
There is an ugly achievement gap among socioeconomic classes in North Carolina.
Fortunately, the N.C. Education Alliance has peeked into the greener grass of other states’ educational backyards and discovered a tax credit system to help close the aforementioned achievement gap.
The state should adopt the proposed two-pronged program, which provides both family education tax deductions and philanthropy education tax credits and will give lower- and middle-class families the same education options as their wealthier peers.
They point out that nonpublic education, even if the state gave every public school student a scholarship to go elsewhere, saves the tax payers money. They even explain tax credits avoid the problem with vouchers — regulatory entanglement. Hip! Hip!
I’ll save the third cheer for when they see that even if there were no low income families or no socioeconomic achievement gap, the tax savings and increased parental choice are A Good Thing for everyone in the state.
