Tuesday, March 15, 2011

Friedman’s Maryland Tax-Credit Scholarship Report Part of a Larger, Flawed Effort

Friedman’s Maryland Tax-Credit Scholarship Report Part of a Larger, Flawed Effort

Scholarly Review of Reports Deemed Claims of Fiscal Benefits to be Unsubstantiated and Inaccurate
Contact: William J. Mathis, (802) 383-0058; William.Mathis@colorado.edu
TEMPE, Ariz. and BOULDER, Colo. (May 16, 2010) -- A new report issued this week by the Friedman Foundation is part of a series of reports purporting to demonstrate that programs awarding tax credits to donors funding private school vouchers will reduce government expenditures and make the finance system more efficient. A scholarly review of the reports, however, was released last year and sharply criticized the reports, pointing out that they present unsubstantiated claims and fail to adequately consider short- and long-term costs of such tax-credit schemes.
Read More: http://nepc.colorado.edu/newsletter/2010/05/friedman%E2%80%99s-maryland-tax-credit-scholarship-report-part-larger-flawed-effort

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