ARNOLD KLING
August 14, 2011
The Top Political Contributors
August 11, 2011
Gender and the New Commanding Heights
August 11, 2011
Jamie Galbraith Makes an Assumption
August 11, 2011
Macroeconometrics: The Science of Hubris
August 10, 2011
Real and Nominal Bond Yields
BRYAN CAPLAN
August 14, 2011
The Effect of Thumb Sucking on Income
August 12, 2011
The Voice of Cold, Hard Truth to All Would-Be Educators
August 12, 2011
Ability, Morality, and Prosperity: A Paper and a Report
August 11, 2011
The Theory of Time and Frittering
August 10, 2011
Male Variance and the Remnants of the Gender Gap
DAVID HENDERSON
August 9, 2011
Hayek in "Unbroken", Part Two
August 8, 2011
Hayek in "Unbroken"
August 5, 2011
James Bovard on the Peace Corps
August 4, 2011
Summers Way Off on FDR and 1941
August 3, 2011
The "Amazon" Tax


I wish that tax credits for tuition and scholarship donations received more attention that vouchers. With vouchers, parents are still receiving a check from the government, so they are not spending their own money. [Yes, they pay taxes, but try following those dollars...] Hence, they have less incentive to be picky customers than if they were spending their own money.
Also very important is that since funds for vouchers are in the hands of government before being returned to parents, there's more risk of strings being attached to them, which will further government control of now private schools.
For a good article on this, see Andrew Coulson's article in the Independent Review: "Giving Credit Where It's Due." Also, his Forging Consensus paper is a good reference. It's linked here.
I've debated vouchers until I couldn't take it anymore. Why not simply expand the Earned Income Tax Credit and/or the childcare tax deductions/credits.
The money parents would save would be their own hence they would have an incentive to spend it wisely. Unlike vouchers, they wouldn't be locked into one way to spend it.
A single mother in Trenton NJ, for example, might find it more useful to hire a private tutor for her kid a few hours a week rather than enroll in a private school. Alternatively she might buy a car which will allow her to move 10-15 miles into the suburbs where she can use a good public school in a better neighborhood. Or she might just buy a computer with internet access or use one of those after-school tutoring services.
Many of these options would be almost impossible under vouchers and quite probably be considered fraud. With the EITC, though, the parent is able to apply the additional dollars to what yields the best marginal benefit...whatever that may be.