How a Tax Regulation Could Cripple School Vouchers

THE IRS HAS PROPOSED limiting the federal deduction of contributions made to charitable organizations. The move is an attempt by the White House to target a handful of states – most of them wealthy and Democratic – seeking a way around the limits on state and local tax deductions included the new tax overhaul.

But in doing so, the Trump administration would undercut its own education agenda by crippling private school choice programs in dozens of states that rely on charitable donations.

The conflict was on display Monday at a public IRS hearing, where advocates of tax credit scholarships pleaded for a carve-out to avoid collateral damage, while critics of such programs applauded what they see as a long-overdue change to the way charitable deductions are administered.

Full story at US News