Reply to I don't understand why parents waste so much money on private schools in this area.

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Private schools should be abolished.  Or at least the tax payer subsidy should be abolished.  Not only do public school parents pay for our schools, but we also pay for your privates?  No thanks!

It’s the other way around. I pay for public schools that we don’t use. We don’t get a tax payer subsidy for private.

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Private school is a choice.  You don't have to, but you choose to; that is totally fine.  But, private schools benefit from the non-profit tax exemptions.  If that is taken away, the true cost of private will apply.  The tax payer is subsidizing private schools when they play no role for the public good, unlike other non-profits.  And now, after the Tax Cuts and Jobs Act, individuals get a taxpayer subsidy via 529s.  So, yeah, that's a publicly funded subsidy.[/quote]

You’re really stupid.

If I get could no longer claim nonprofit status they still would pay very little tax since only “profits” are taxed and schools spend their income on expenses. [/quote]

Then you don't know how nonprofits work.  To qualify as one, you have to pass a public benefits test.  I do know that the income they make is not "profit," according to the revenue code, which is the most egregious part of private, nonprofit secondary schools.  Whether or not you understand that is the divide. Likely, you are too happy to live on this subsidy under the code.  Enjoy![/quote]

Seems like YOU don't understand how corporate taxes work. If schools were forced under the tax treatment of corporations they would only be taxed on their "profit" not their revenue. So, almost nothing. Or literally nothing in most cases. Because they spend their revenues on their expenses. [/quote]

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