Thursday, December 08, 2011

Better Education Through Lower Taxes | Andrew J. Coulson | Cato Institute: Commentary

Better Education Through Lower Taxes | Andrew J. Coulson | Cato Institute: Commentary: 'for every dollar the education tax credit reduces state revenues, it saves the state $1.49 — according to an official study by the legislature's accountability agency. That is because educating children in the private sector is quite a bit less expensive than doing so in the public sector. So the program not only improves educational outcomes for all concerned, it generates a 50 percent annual return on investment — a remarkable boon in difficult economic times.'