louisiana’s tuition donation credit

June 11, 2018

Tuition Donation Credit Program vulnerable to exploitation with recent federal tax changes

A little-used state tax credit program designed to benefit low-income students could balloon into a profitable tax shelter for Louisiana’s wealthiest citizens thanks to the recent federal tax cut law. If high-income taxpayers are allowed to exploit the program, the cost of the credit to the state could explode in the years to come as wealthy taxpayers rush to take advantage.Read more...