How about an education tax credit with a return on investment instead?
Since the Kentucky General Assembly seems intent on giving away tax credits during this session, I thought, as a former superintendent and economic development professional, that I could offer a bit of advice as to how to offer an education tax credit with an economic return. The proposed education scholarship is a frivolous waste of resources. The members obviously know this is bad public policy by the way they are trying to deceptively push it across the finish line unnoticed as House Bill 563 or Senate Bill 170. It is a far cry from a return on investment, rather it is a giveaway of existing revenues to more affluent families at the expense of the most disadvantaged families in our Commonwealth. Instead of shrinking the pie the General Assembly ought to be looking at ways to grow the pie and help the Commonwealth become more competitive. Economic competitiveness in the early years of the 21st century is all about "density and degrees." States and cities winning this econo