Georgia On Verge of Adopting Education Tax Credits

While New Mexico’s Legislature failed to pass legislation that would allow individuals and businesses to take a credit against their state taxes for donations to organizations that offer scholarships to children in K-12 schools, another state, Georgia, is on the verge of adopting such a law. All that is necessary at this point is a signature from the conservative, Republican Governor who is expected to sign it.
As was repeatedly pointed out (here and here) in the debate over tax credits in Georgia, tax credits for education will improve education by offering choices to children in those who might not otherwise have a choice over their educations. New Mexico should follow Georgia and other states that include Arizona, Rhode Island, and Pennsylvania in adopting education tax credits.

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