Posted on 02/05/2020 6:08:58 PM PST by Tolerance Sucks Rocks
Last week, Wells Fargo and Fifth Third Bank announced they no longer would donate to the Florida Tax Credit Scholarship Program, which enables more than 108,000 low-income children and children in foster care to receive scholarships to attend a safe and effective school of choice.
The move comes after the Orlando Sentinel published a piece suggesting that $105 million in tax credit scholarships had been used by families to pay tuition at faith-based schools that, as The Federalist’s Joy Pullmann put it, “uphold their faiths’ historic sexual ethics.”
Businesses that contribute to nonprofit scholarship-granting organizations in the state can receive a dollar-for-dollar tax credit, and eligible children receive scholarships averaging $6,100 per year to attend a private school of choice. The program is capped at $873.5 million this school year.
The tax credit scholarship program, established in 2003, provides scholarships to children from households whose average income is below $25,000 per year, more than half of whom are from single-parent families.
Although the program helps some of the least-advantaged children in the state, Fifth Third Bank said it would halt its participation until “more inclusive policies have been adopted by all participating schools.”
The decision to suspend financial support for the program—the largest school choice program in the country—came after the Orlando Sentinel reviewed policies of more than 1,000 participating private religious schools and determined that 156 “have policies that say gay and transgender students can be denied enrollment or expelled or that explain the school opposes their sexual orientation or gender identity on religious grounds.”
Florida state Rep. Carlos Smith, who had prodded the bank to cease donations because the values of some participating schools “rubbed me the wrong way,” applauded the decision “to stop promoting a program that supports bigotry.”
(Excerpt) Read more at dailysignal.com ...
Woke banksters.
PING!
Well why didn’t the banks also demand they would only find scholarships to worthy degrees as well - like STEM fields?
Time for Florida to pull these banks’ charters to operate for unconstitutional and Unamerican activities.
No matter what the cause, I never liked any of these tax schemes. Person/Company “donates” and then gets a 100% tax credit.
I figure it’s so the politicians can fund their pet project, good or bad, without actually showing any additional tax revenue.
Traditional morality. Can’t have that!!!
“... more than 1,000 participating private religious schools and determined that 156 “have policies that say gay and transgender students can be denied enrollment or expelled or that explain the school opposes their sexual orientation or gender identity on religious grounds.”
The way this is written avoids saying how many of these are Muslim schools.
I am taking a name that the President gave all Public Schools and it is perfect....
Government Schools
Let that sink in, they are essentially part of the Government and like them have no accountability nor quality control over the “Education” (so called) they provide to our young people. Truth be told it is Indoctrination and exploitation, as in classes for very young in sex practices that are not what our children are there for. We are taxed to support them and have no way to alter what they do (or fail to do) as they are Union Based and walk hand in hand with the Legislature. This is a BIG issue, especially in minority communities where they worst teachers are placed in the worst schools and warehouse them. Of course the Dems want it that way so the Black students for instance come out at a disadvantage that was put upon them by the School System as much or more than anything else.
Watch this video and hear the words from a member of the Black Community giving His perspective on the SOTU speech, and he nails it on Education
https://www.youtube.com/watch?v=FdCXUv2Pf0Q&t=302s
Progressives, finding new ways to keep minorities down and maintain what they believe to be their property.
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