Rocky Mountain Voice

Tag: Brenda Dickhoner

New Federal Tax Credit Could Expand Colorado School Choice Options
The Colorado Sun, Approved, Commentary, State

New Federal Tax Credit Could Expand Colorado School Choice Options

By Brenda Dickhoner | Commentary, The Colorado Sun State lawmakers made the right move to postpone legislation that would have created barriers for the program. Colorado lawmakers have been working to close a budget gap of more than $1.5 billion, and programs that students and families rely on are under pressure. At the same time, a new federal tax credit gives Colorado a chance to bring substantial philanthropic dollars into education without drawing from the state’s general fund. The Education Freedom Tax Credit allows taxpayers to receive a federal tax credit of up to $1,700 annually for charitable contributions to scholarship-granting organizations that support K-12 students. Essentially, the program encourages private giving to step in where public fun...

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