Tax‑credit vouchers favor affluent families

Federal scholarship tax credits that set eligibility by a percentage of area median income (here, 300% AMI) can produce very high nominal cutoffs in expensive counties, meaning families with incomes well into six figures become eligible. In New York this translates to thresholds like ~$309k in the Bronx and ~$510k in Westchester, so the program functions more like a broadly available middle‑class subsidy than a narrowly targeted anti‑poverty measure. — If states adopt such tax‑credit vouchers, the political and fiscal effects will be large: they broaden private‑school subsidies, reshape public‑school funding politics, and change who benefits from school‑choice coalitions.