Replies

Thanks. In order to end the perceived discrimination, S 306 amends Section 530 of the IRS code to define a family that educates their children at home as a â€œprivate schoolâ€ and allows the â€œprivate schoolâ€ to deduct eligible expenses.

Well, private school tuition is not presently tax deductible but home-school expenses would be>? And having the IRS auditing home schoolers seems like an opportunity rife with abuse.

The real problem is that we are seeing is that Ted is nothing but a magna-cum-laude head-inside-the-Beltway I-can-write-a-supreme-court brief policy wonk once again telling the rest of us how to live on what we are assured are "conservative" principles. He says he wants to "rein in Washington" and eliminate the IRS but then proposes a host of micro-regulatatory acts that have the opposite effect.

That is because Rafael never ran anything. Harvard spit-and-polish and without the substance of a Yale man.

https://www.govtrack.us/congress/bills/114/s306/text

114th CONGRESS

1st Session

S. 306

IN THE SENATE OF THE UNITED STATES

January 29, 2015

Mr. Lee (for himself, Mr. Cruz, and Mr. Crapo) introduced the following bill; which was read twice and referred to the Committee on Finance

A BILL

To amend the Internal Revenue Code of 1986 to encourage the use of 529 plans and Coverdell education savings accounts, and for other purposes.

The table of contents for this Act is as follows:

Sec. 1. Short title.

Sec. 2. Table of contents.

Title I - Title I of the ESEA portability

Sec. 101. Title I portability.

Title II - Allowance of home school expenses as qualified education expenses

Sec. 201. Allowance of home school expenses as qualified education expenses for purposes of a Coverdell Education Savings Account.

Sec. 202. Elimination of Coverdell Education Savings Account contribution limitation.

Title III - 529 programs for elementary and secondary education expenses

Sec. 301. 529 programs for elementary and secondary education expenses.