The Carolina Journal reports that the North Carolina House rejected an amendment that would have allowed the General Assembly to consider the creation of an education tax credit enabling low- and middle-income students to attend a school other than their assigned public schools. House Bill 1988, “Tax Fairness in Education,” would have allowed North Carolinians who choose to educate their children in a home school, private school, or public school that charges tuition an individual income tax credit of up to $1,250 per eligible child per semester or a maximum of $2,500 for a full academic year starting in FY11-12. During 2010-11, the maximum credit would be $1,250.
Continue reading...