How to Take Advantage of the New Tax Bill to Fund K-12 Education

Posted on Friday, January 26th, 2018

Invest In Education’s Thomas Carroll joins School Reform News’ Theresa Mull to talk about how the newly passed tax reform bill expands educational opportunity for students in all 50 states.

Thomas Carroll, president of the Invest in Education Coalition, discusses the advantages of the 529 plans. There are two: prepaid tuition plans and college savings plans. Carroll explains how these plans allow people to get the most out of their money. Carroll also talks about how the new bill sets the stage for broader school choice, notably in the form of a potential national tax credit. He shares some of the other policy initiatives, such as education savings accounts for military families, something he and his organization are working to make a reality in 2018.

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