Concerning Vouchers
How are vouchers going to be given to parents, as a tax deduction, a payment of sorts or...?
If a tax deduction, how much will the deduction need to be to put the full promised monetary benefit into parents hands? If it is a payment of sorts won't it be taxable income, and again, how much will it need to be to put the full promised monetary benefit into parents hands?
Finally, how is the legislature-i.e. the taxpayer- going to pay for the voucher program? Please, no fuzzy math.
Thank you.
Ross McCollin
Staff Note: Good question. We'll get you a more complete answer. In the meantime, check out Steve Urquhart's post on vouchers. Check out his blog site too. Many of the details of the voucher program will be determined by the State School Board who has rule making authority pending the outcome of the November referendum vote.".
If a tax deduction, how much will the deduction need to be to put the full promised monetary benefit into parents hands? If it is a payment of sorts won't it be taxable income, and again, how much will it need to be to put the full promised monetary benefit into parents hands?
Finally, how is the legislature-i.e. the taxpayer- going to pay for the voucher program? Please, no fuzzy math.
Thank you.
Ross McCollin
Staff Note: Good question. We'll get you a more complete answer. In the meantime, check out Steve Urquhart's post on vouchers. Check out his blog site too. Many of the details of the voucher program will be determined by the State School Board who has rule making authority pending the outcome of the November referendum vote.".

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