There’s a plan being floated in Missouri to establish tax credits for companies that provide grants to scholarship organizations that would, in turn, help students attend privately run schools.
A similar measure has been operating in Arizona and Pennsylvania for a while, but its prospects in Missouri are not strong.
What’s interesting about this scenario is how the proposal might pass after all. From the St. Louis News-Dispatch: “Rep. Ed Robb, R-Columbia, hopes to sell rural legislators on the premise that the tax credit is a free-market solution to failing urban schools. Without such a solution, he said, the whole state may have to foot the bill for continuing declines in St. Louis and Kansas City.”
Sounds about right.
Bring in some competition, fix up the schools, and stave off a state bailout or takeover.