Families with a high income claim the majority of parent tax credits in Oklahoma

The concern has grown the tax credits for the parental election of the state and benefits from it. A new report by Oklahoma’s tax commission shows that 92% of families who were approved for the program already had students in private schools.

The legislator said this program should give parents of the public school the opportunity to send their children at private schools. However, the numbers do not support this focus.

According to data from the US Census Bureau, the middle household income in Oklahoma is around 63,000 $ 63,000. According to the program of the program, parents can receive up to 7,500 US dollars for private school editions. These costs include things such as tuition fees and fees.

The tax commission’s figures show that 46% of the approved applicants earn more than $ 150,000 per year. More than 94 million US dollars were approved for these applicants.

Senator Julia Kirt, D-Oklahoma City, said this was what she warned.

“Let’s be responsible for the money,” said Kirst. “Let us be very specific. These are problems that we have pointed out right from the start, and unfortunately it proves true.”

Senator Lonnie Paxton, R-Tuttle, said you are working on potential solutions.

“We carry out legislation that initiates the tax commission and tried to make the program cleaner and go better,” said Paxton. “Some changes are made by an invoice that we go through here, but I have not read this specific report, but I definitely still support the program.”

A total of 260 financially disadvantaged students were approved for this program. According to the Oklahoma Tax Commission’s report, more than 9,000 applicants with a household income of $ 250,000 or more were approved. Only 8% of the students left public schools to attend private schools as part of this program.