Read the article. Soros donated $1.75 million for 800,000 kids. I don’t see any problem with this at all. Rather his money than tax money.
800,000 kids times $200 is way more than $1.75 million that Soreass donated. Soreass’s donation is a drop in the bucket for the $160 million cost.
I'm not very knowledgeable about U.S. tax laws — but, I understand that there are generous tax breaks for foundations such as OSI. Soros’ contribution would be money net of tax breaks (which he wouldn't otherwise have in his pocket).
He was hoping that all the public schooled taxpayers wouldn’t do the math. 800,000 x $200 = 160 Million. Soros paid $1.75 million. Guess who paid the rest??
Kids wouldn’t need $200 in schools supplies if their lists didn’t include “paper towels, hand wipes, kleenex” I kid you not. I paid $2,500 in school property tax last year and they can’t furnish kleenex!!
I’m homeschooling a kindergartner. I spent $25 at Target last week. I’m good to go.
According to a NY Daily News article:
"Billionaire philanthropist George Soros gave $35 million toward the program, with $140 million in federal stimulus funds routed through state government making up the rest."