A Boost for Private Schools

Reagan offers tax credits

Ronald Reagan could not have picked a better audience (4,200 members of the National Catholic Educational Association), or a more fitting date (April 15, the deadline for filing tax returns). His speech was chock-full of applause lines, and he hit nearly every one on cue. "I believe that working Americans are overtaxed and underappreciated." Cheers and applause. "I have come to Chicago to propose another tax bill that will allow them to keep a little more of their own money. I have come to propose a tuition tax credit for parents . . ." At this point, his...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!