EdChoice statement on federal 529 tax proposal
INDIANAPOLIS—EdChoice President and CEO Robert C. Enlow offered the following statement in response to a federal tax proposal this week that would allow families across the United States to extend the benefits of a 529 college savings plan funds to pay for K-12 educational expenses:
“EdChoice supports the expansion of the federal 529 program to include K-12 expenses as a proactive, attainable step in the right direction that will give families in non-choice states more opportunity to find the right fit for their children and offer additional purchasing power to families in states with educational choice programs on the books. These funds should be available for use at any K-12 school recognized at the state level.
“We understand this is not a solution for every family—especially for families with limited means—and we hope lawmakers will continue to find ways to expand K-12 educational access at the state level and where it’s appropriate federally. But unlike some recent proposals out of Washington, this is not a top-down plan held together with red tape and regulation; rather, it mirrors our mission to empower families to make decisions about their children’s education the same way they make decisions about every other aspect of their lives. It’s a good start, and we must work to expand access as quickly as possible.”
EdChoice is a nonprofit, nonpartisan organization dedicated to advancing full and unencumbered educational choice as the best pathway to successful lives and a stronger society. EdChoice believes that families, not bureaucrats, are best equipped to make K-12 schooling decisions for their children. The organization works at the state level to educate diverse audiences, train advocates and engage policymakers on the benefits of high-quality school choice programs. EdChoice is the intellectual legacy of Milton and Rose D. Friedman, who founded the organization in 1996.