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Kiplinger
Kiplinger
Business
Gabriella Cruz-Martínez

'Unprecedented' Private School Voucher Tax Credit in Trump's Megabill

Gold piggy bank on top of a book with gold coins floating above.

President Donald Trump’s sweeping tax cut and spending bill is now law, and one provision that would have helped the wealthy avoid capital gains tax was written out.

Tucked within the mega legislation known as the “Big Beautiful Bill” is a provision that some tax policy analysts call unprecedented, because it calls for a dollar-for-dollar federal tax credit for donations to private school voucher programs with no budgetary cap.

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