Good and Bad Arguments Against Education Tax Credits
One of the things that has become clear to me in much of the commentary about the Net Zero Tuition material last week was that a surprising number of people really don’t understand how tax credits work, or what their distributive impact is. Worth a review, then. Bad Argument: Poor students don’t benefit from tax credits. It is quite true that students whose income is not high enough to be taxable cannot use the credits themselves in the current tax year