By David SafierIn yesterday's post, Two dirty little secrets about tuition tax credits, I mainly presented facts about the way individual tuition tax credits are structured. But I also took three leaps into the realm of conjecture, and I would be grateful if anyone out there who has the facts will let me know whether … Read more
by David SafierHere are two facts lots of people aren't aware of about the way School Tuition Organizations (STOs) give out individual tuition tax credit money. People who give tuition tax credits can recommend who they want the scholarship to go to, so long as the child is not a dependent. The STO doesn't need … Read more
by David SafierI'm a bit late on this one, since it's in this morning's Star. In case you missed it, today's Star editorial slams the legislative special session which was called to create a new tuition tax credit, then it goes after Yarbrough for all the money he's pulling out of his School Tuition Organization, … Read more
by David SafierThe media has been writing about a special session to create new tuition tax credits, and it has jumped on the story that Steve Yarbrough is doing very well financially with his own STO. I've been covering the same territory in greater depth and detail. But you can't follow the story unless you … Read more
by David SafierCommenter MindlessMama makes a good point about the need for stricter regulation of STOs. As I read this, it makes me think there's a big opening for fraud. I'm not suggesting that's the case w/Yarbrough's STO. But we see what a lack of oversight has yielded for our mortgage industry, kids. So what … Read more