Political Quotes

On the recordJune 12, 2002
I want to really reinforce the point my colleague made, which is that this system shrinks the taxpayers' dollar; that when we put a dollar at the top of that funnel, by the time it gets down to the student, that dollar has shrunk from $1 to something like 65 cents. In the education tax credit model, with the tax credit model, we actually grow the dollar. The person puts in $2, but it only costs, or the reduction in Federal income taxes is only $1, so we actually grow it. So if we invest $1 there, we end up with 60 cents in the classroom. If we invest $1 here, we end up with $2 directly going to the student in local communities with, in this case, the local school board deciding how this money is going to be spent.
Said by
Pete Hoekstra
Michigan

Editor's note · Context

Discussing the impact of education funding models on taxpayer dollars and student investment.

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