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Working Families Tax Cuts
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Delivering safe streets, more money in your pocket, and new opportunities to get ahead.
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@WSJopinion: “Universities have raised prices time and again over the years to capture more student loan subsidies. Lo and behold, many are now slashing tuition for graduate programs in response to the new caps on student borrowing instituted by last year’s tax bill.”
Read more here ➡️
wsj.com/opinion/univer…
Read more here ➡️
wsj.com/opinion/univer…
www.wsj.com Opinion | The GOP’s Tuition Deflation Act Colleges are cutting their graduate costs as loan subsidies fall. A big win for taxpayers and education freedom in America! Republicans’ Working Families @TaxCuts law paved the way for this school-choice tax credit.
“By 2030, the Treasury Department estimates that 11 million taxpayers will contribute a total of $26 billion a year to scholarship groups, giving them up to $26 billion in tax credits and funding up to 2.2 million full-time scholarships.”
Read more from @WSJ ➡️ wsj.com/personal-finan…
“By 2030, the Treasury Department estimates that 11 million taxpayers will contribute a total of $26 billion a year to scholarship groups, giving them up to $26 billion in tax credits and funding up to 2.2 million full-time scholarships.”
Read more from @WSJ ➡️ wsj.com/personal-finan…
www.wsj.com School-Choice Tax Credit Gets Big Boost From Treasury Married couples can donate double, making the tax break worth $3,400, not $1,700. From @SenFinance:
“In addition to delivering individual tax relief for the vast majority of Americans, the Working Families Tax Cuts are making raising a family more affordable for new and future parents.”
Read more: finance.senate.gov/chairmans-news…
www.finance.senate.gov Working Families Tax Cuts Make Parenthood More Affordable - U.S. Senate Committee On Finance Washington, D.C.—In addition to delivering individual tax relief for the vast majority of Americans, the Working Families Tax Cuts are making raising a family more affordable for new and future... “In addition to delivering individual tax relief for the vast majority of Americans, the Working Families Tax Cuts are making raising a family more affordable for new and future parents.”
Read more: finance.senate.gov/chairmans-news…
The Working Families @TaxCuts in action:
"Republicans said it was a big deal when they passed a new federal tax credit for school choice. How big? Assuming 10% participation by eligible donors, scholarship funds could hit $18.8 billion, a new report says, or roughly 24% of federal K-12 spending. It’s ‘more than the federal tax benefits each year for charitable giving to every school, college, and university combined.'"
More from @WSJOpinion ⬇️ wsj.com/opinion/federa…
"Republicans said it was a big deal when they passed a new federal tax credit for school choice. How big? Assuming 10% participation by eligible donors, scholarship funds could hit $18.8 billion, a new report says, or roughly 24% of federal K-12 spending. It’s ‘more than the federal tax benefits each year for charitable giving to every school, college, and university combined.'"
More from @WSJOpinion ⬇️ wsj.com/opinion/federa…
www.wsj.com Opinion | Federal School Choice Could Be Huge Possibly many billions in scholarships, even with modest donor uptake.