New York, NY – Does the Cost of Yeshiva Tuition upset you?

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    Governor Spitzer and the New York State Senate are proposing a Tuition Tax Deduction of $1,000 per child to help families who are working hard to pay their private school tuition. This is a historic policy change. It is the first time in New York State history that the State will recognize a parent’s right to, and sacrifice in, choosing the best education for their children. This proposal is even more important as it could set a precedent for future State budgets.

    Special interests, like the state teachers’ union, are pressuring your representatives to get rid of it. They are running radio ads and buying up billboard space – even as the Governor and Legislature are giving them billions in new funding of their own.

    Do not let special interests keep you from getting this tax break!

    Time is running out. The State Budget is supposed to be adopted by March 31.

    Call or e-mail your legislators and the Governor TODAY Insist that the Tuition Tax Deduction be included in the final State Budget.
    The teachers’ unions are spending thousands and thousands of dollars to convince legislators not to help you. Your legislator must hear from their constituents. They must hear from you.


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    9 Comments
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    cpa
    cpa
    17 years ago

    to 10:26

    Do u mean to say that it’s only a AGI “deduction” not a “credit” or refund; that’s the biggest political hoax 1) like u said it’s little or no help at all 2) a lot of people especially the ones with big families r not paying those taxes at all, so the most needy ones r not being affected at all.
    It’s called:
    PURE POLITICS!!

    Anonymous
    Anonymous
    17 years ago

    anon 1043

    Do you still send a check yearly to your childrens yeshivas as you pay school taxes?

    If everyone did, then tuition will be affordable and we would not need any help!!

    Anonymous
    Anonymous
    17 years ago

    To the whiner who can’t spell. First of all…that should have been “too” old. Your education fails you…your parents wasted their hard earned dollars. I have finished paying my sons schooling, finished paying my mortgage and still understand my obligations to my community. The only one here who is bitter is you. The camel cannot see his own hump.

    Anonymous
    Anonymous
    17 years ago

    I will call him and tell him that I am against it. The Yeshivas will only raise the tuition by $1000. I have already collected close to 1000 signatures against this proposal.

    Anonymous
    Anonymous
    17 years ago

    The highest New York state tax rate is 7.7%. A $1,000 deduction therefore results in your tax bill being $77 dollars less under math standards used for tax returns. In Williamsburgh the result would be different.

    Anonymous
    Anonymous
    17 years ago

    to old and bitter (10:43)
    just because you no longer pay tuition doesnt mean a tax break isnt neccassary we will still pay school taxes but just anoher reasonable exemption

    Anonymous
    Anonymous
    17 years ago

    It’s time to stop whining about your tuition bills. As a senior with no children in school, I still pay the same school taxes as anyone else. As Jews, we have an obligation to the community we live in…the entire community. If you want to live in isolation from the world, move to a shtetle and declare yourself a new country.

    Joel
    Joel
    17 years ago

    What is your source or just explain, why will the ending credit be only $77.

    Also, what are the tax bracket of Eligibility?

    Anonymous
    Anonymous
    17 years ago

    The proposed tax deduction is not as valuable as it sounds. Firstly, it only affects you state, not federal, tax bill. Even if you are in the highest bracket the maximum amount you will save is $77 per child. The deduction also gets phased out above some income level so many people won’t even get that. The #s are a joke that on the one hand my reaction to Spitzer is don’t do me any favors. The only redeeming value to this bill would be that its a small step (very very small) in the right direction and hopefully this can be expanded over time into something more meaningful. Now a $1,000 tax credit – that would be worthwhile. Also, I wouldn’t be suprised to see some constitutional challenge to thise type of law so it may be beneficial to get some law on the books, as meaningless as it is, so that we can get this tested, and hopefully approved, by the courts.