...should be celebrated. However, I think that closing school for a Muslim or Hindu holiday screws up the families not celebrating those holidays (need for childcare, etc.). How about allotting floating holidays to each kid to two a year, and if the kid is out from school for that holiday, he has to bring a note from his/her parents, and the kid(s) will have to make up missed assignments. I think that this trend will become unwieldy since if you accommodate all religions with giving holidays off, then the school calendar will extend into summer.

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