Tuesday, October 14, 2014

How to DESTROY PUBLIC SCHOOLS! Explained well, Massive Tax Breaks help destroy our schools

http://crooksandliars.com/2014/10/nation-piece-spells-it-all-out-how-destroy

Daniel Denvir is the best reporter I've seen at pointing out the long term strategies of schools privatization, and his piece in this week's The Nation might be his best yet. I strongly urge you to read it all, because the issue is too complex for bullet points:
In 2010, State Attorney General Tom Corbett was elected as governor, his political network heavily populated by advocates for private-sector education reform. Backed by a conservative state legislature, Corbett cut about $860 million from public education in his first budget rather than tax the state’s booming natural-gas industry. He also expanded Pennsylvania’s “voucher lite” programs, popular among conservatives, which provide corporations with major tax credits in exchange for donations for private-school tuition.

Let me remind you that the main reason we see hedge funders involved in school "reform" is that they get a tax credit of 300% over ten years. That beats the market. Take away that tax credit, and you'll be amazed at how quickly the air leaks out of the for-profit schools' bubble.

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