Latest News and Comment from Education

Showing posts with label TAX BREAKS. Show all posts
Showing posts with label TAX BREAKS. Show all posts

Wednesday, March 31, 2021

Angie Sullivan: Nevada Gives Tax Breaks for Business, Shortchanges Kids | Diane Ravitch's blog

Angie Sullivan: Nevada Gives Tax Breaks for Business, Shortchanges Kids | Diane Ravitch's blog
Angie Sullivan: Nevada Gives Tax Breaks for Business, Shortchanges Kids



Angie Sullivan is a teacher in a Title 1 elementary school in Las Vegas, a city with free-flowing funds for casinos and entertainment but underfunded schools. She frequently writes members of the legislature about their distorted priorities.

Angie writes:

Remember when the world mocked us because Nevada gave away the family farm to TESLA and RAIDERS?  
Raise your hand if you rushed to Carson City in a Special Session to create those deals?  Regressive on STEROIDS! 

Now the world can mock us for innovation zones.  
Nevada Democrats called the Teacher’s Union petitions regressive?   A few cents a week is nothing compared to large cash subsidies Nevada gives to attract businesses.   Billions given away for a few jobs.  


Tax Credits cashed in at the whim of TESLA/Casinos directly rob Nevadans and their children of hundreds of million of dollars.  The South gets ZERO TESLA benefit.  
There is a reason the accounting practice examined during #SB543 found CCSD was short $10 Billion dollars.  
https://tinyurl.com/aa4af7ja

We have various business tax credit scams sucking the CONTINUE READING: Angie Sullivan: Nevada Gives Tax Breaks for Business, Shortchanges Kids | Diane Ravitch's blog

How Students Pay for Corporate Tax Abatements | Diane Ravitch's blog

How Students Pay for Corporate Tax Abatements | Diane Ravitch's blog
How Students Pay for Corporate Tax Abatements



Good Jobs First entered the national scene when it produced documentation that the CARES Act was being used to funnel billions of dollars to private schools and charter schools. The charter schools were double-dipping, first taking money allotted to public schools, then getting millions more from the Paycheck Protection Program, which excluded public schools.

Now, Good Jobs First has released a new report, showing that students are paying for corporate tax breaks.

Abating Our Future:


How Students Pay for Corporate Tax Breaks
Executive Summary


Public school students in the U.S. suffered poorer schools—and local and state taxpayers paid higher taxes—in 2019 due to corporate tax breaks. Thanks to a new government accounting rule, we are able to prove that economic development tax abatements given to corporations cost public school districts at least $2.37 billion in forgone revenue in 2019. That is $273 million — or 13 percent— higher than two years before.


Across the country, 97 school districts lost more than $5 million each; 149 districts lost more than $1,000 per CONTINUE READING: 
How Students Pay for Corporate Tax Abatements | Diane Ravitch's blog

Monday, January 11, 2021

Time to End Tax Breaks for Charter Schools and The Ultra-Rich | by Jake Jacobs | Jan, 2021 | Medium

Time to End Tax Breaks for Charter Schools and The Ultra-Rich | by Jake Jacobs | Jan, 2021 | Medium
Time to End Tax Breaks for Charter Schools and The Ultra-Rich


Originally published on Diane Ravitch’s Blog

Joe Biden’s recent nomination of Miguel Cardona as a relatively lesser-known, less controversial selection for Secretary of Education was telling. It shows the incoming administration’s reticence to take a side in the ongoing battle over school choice and standardized testing, just like most members of Congress and the major U.S. media.

On the campaign trail, Biden drew cheers from teachers for his promise to end standardized testing, but he noticeably never added any such policy to his website. As was well known by teachers in those audiences, federally mandated tests provide no educational benefit but are the fuel in the engine driving charter school expansion.

President-Elect Biden did vow to cut federal funding to for-profit charter schools, however this affects only about 12% of charters (who could easily change their model while still enriching their for-profit management arms). Biden has acknowledged charter schools siphon money away from public schools, agreeing to new language in the (non-binding) DNC platform to CONTINUE READING: 



Monday, January 4, 2021

Jake Jacobs: End the Tax Breaks for Charter Schools and the Uber-Rich | Diane Ravitch's blog

Jake Jacobs: End the Tax Breaks for Charter Schools and the Uber-Rich | Diane Ravitch's blog
Jake Jacobs: End the Tax Breaks for Charter Schools and the Uber-Rich



Jake Jacobs is a middle school art teacher in New York. He is the national co-administrator of the BadAss Teachers Association, an organization of militant activist teachers.

He writes:

Joe Biden’s recent nomination of Miguel Cardona as a relatively lesser-known, less controversial selection for Secretary of Education was telling. It shows the incoming administration’s reticence to take a side in the ongoing battle over school choice and standardized testing, just like most members of Congress and the major U.S. media.

On the campaign trail, Biden drew cheers from teachers for his promise to end standardized testing, but he noticeably never added any such policy to his website. As was well known by teachers in those audiences, federally mandated tests provide no educational benefit but are the fuel in the engine driving charter school expansion.


President-Elect Biden did vow to cut federal funding to for-profit charter schools, however this affects only about 12% of charters (who could easily change their model while still enriching their for-profit management CONTINUE READING: 
Jake Jacobs: End the Tax Breaks for Charter Schools and the Uber-Rich | Diane Ravitch's blog