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Florida Tax Credit Scholarship Program

Tax Credit Scholarships save Florida taxpayers $372M, audit shows

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The Florida Tax Credit Scholarship Program is estimated to have saved taxpayers in the state upward of $372 million, according to a report released Monday by EdChoice. Tax credit scholarships allow individuals and businesses to reduce their state tax liability by making private donations to a nonprofit organization that in turn provides scholarships for children to attend private schools of their choice. “These programs are designed to attract capital to education and provide avenues for individuals and organizations to invest…

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