Matt Barnum and Richard Rubin begin: “Republicans’ tax-and-spending megabill would give the school-choice movement a major, long-sought victory—and deliver an unusually generous tax break to wealthy taxpayers. The bill includes a new way for taxpayers—whether they are parents or not—to direct tax dollars to private school scholarships (vouchers) instead of the Treasury.” They continue: “There is an extra twist: It would deliver virtually risk-free profits to some savvy investors.”
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