One of the impacts of the Great Big Beautiful Bill is the ability of low- and middle-income families to be able to afford private school.
The bill allows taxpayers to take a tax credit of $1,700/year and send it to a Scholarship Granting Organization (SGO) to fund private school scholarships, instead of sending that money to the federal government.
The SGO’s would be able to offer scholarships to kids from families that are below 300% of the median family income in each area. That income level in Anchorage would be roughly $290,000/year– but would vary by the local median income, for a statewide average of about $270,000 in income to qualify for a scholarship…