The $50 million tax credit represents only 1.7% of the total education budget.
The program is run through the Idaho Tax Commission, not the Idaho Department of Education.
The $5,000 per-student cap (except for special education) helps avoid excessive tuition hikes.
If 100,000 students use the tax credit in the future, taxpayers could save $400 million annually as fewer students attend public schools.
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Caroline Diehl is a serial social entrepreneur in the impact media space. She is Executive Chair and Founder of the UK’s only charitable and co-operatively owned national broadcast television channel Together TV, the leading broadcaster for social change runs a national TV channel in the UK and digital platform which helps people find inspiration to do good in their lives and communities.