The currently popular means of establishing vouchers in the states where the state constitution forbids them is called an “education savings account.” The way it works is otherwise known as money laundering. Suppose Daddy Warbucks owes the state $200,000 in taxes. He gives the money to an independent organization that gives out money for private and religious schools. He gets a state tax credit and may actually make money on the deal if he also gets a federal tax credit.
Very clever. Daddy Warbucks makes a generous gift of money that should have gone to the state treasury to pay for public services. The independent organization collects millions of dollars to hand out as vouchers.
This particular game was created in Florida, where the state courts ruled vouchers unconstitutional, and the voters rejected an effort by Jeb Bush to alter the state constitution.
Now it is happening in Missouri, where the richest man in the state is Rex Sinquefield.
Rex has long been a hater of public schools. He stands to achieve his dream, undermining the public schools, and getting a hefty tax deduction too.
from sarah http://ift.tt/2seAavI