Public Education is Getting Stripped with Billionaire Dark Money! ASMR Field Flowers Patterns Pt2

1 year ago
20

In this video, it is explained how upper-income tax avoidance drives school privatization and defunds public education. Lawmakers in several states are expanding or enacting school voucher tax credits, which allow wealthy individuals and businesses to opt out of paying for public education and redirect their tax dollars toward private and religious instruction. Equity investment firms and other for-profit operations also invest in school privatization efforts. This exploits deficiencies in federal tax law for the self-interest of wealthy families while building enthusiasm for privatizing public education. However, research suggests that voucher programs have not resulted in academic achievement for students attending private schools, and often these students perform worse than comparable students in public schools. The opponents of school choice call this a violation of federal law as taxpayers pay for public school districts and the network of private and religious charter schools that receive district and state funds. Meanwhile, billionaires are leading a coordinated nationwide movement to apply business principles to education using tax loopholes and dark money.
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This is a Clip from the Vlog "r/IRS Questions," which hopes to provide a steady path of information for the /r/IRS Reddit community and anyone interested in tax compliance. This channel also features the latest Internal Revenue Service news, IRS commentary, and tips from tax expert John R. Dundon.
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