70 Year Magazine Archive

A Break for Poor Parents

by Michael Schwartz

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The Packwood-Moynihan tuition tax credit bill, sidetracked three years ago by intense pressure from the National Education Association and the Carter Administration, is up for consideration again by the 97th Congress. The proposal would permit families paying tuition for education in elementary, secondary, or post-secondary institutions to take a credit on their federal income tax of 50 per cent of the tuition paid, up to a maximum of $500 per student.

There are 38 new senators since the last Senate vote on tax credits, and most of them are likely to be more friendly to the proposal than their predecessors were. The Reagan Administration, meanwhile, is firmly committed to tax credits and, just as important perhaps, the National Education Association has been momentarily shorn of its political clout, if not its stridency.

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