PEFNC

Administrative costs are bad, except when it's a non-government entity generating them:

The corporate taxes would go to scholarship-granting organizations that could keep 9 percent for administrative costs, or about $8.8 million in five years if the projections are accurate, and more in future years if the program's popularity grows as it has in Florida.

Parents for Educational Freedom in North Carolina, or PEFNC, wants to be one of those scholarship-granting organizations

A 9% cut just for handling stolen reallocated tax revenues? That's a pretty sweet deal if you can swing it, and it brings that Florida trip into perspective.

He must have been a telemarketer in a previous life:

"It is a beginning and it will be funded by corporations that believe in educational access for everyone," Stam told several hundred people attending the rally. "It will not cost the state money; it saves the taxpayers money while at the same time providing tens of thousands of scholarships for children whose families earn, for a family of four, up to about $50,000 a year."

It most certainly will cost the state money. Right out of the revenue coffers and into the hands of private schools: