Now He’s After Middle-Class Savers

Wall Street Journal ^ | January 21, 2015

[<1/1,000,000th%]

Obama wants a new middle-class tax.

[lentulusgracchus]

There’s very likely a racial disparity between 529ers and those who eschew this savings plan, and THAT’S what BO is really targeting.

I think you nailed it. This is telling the Obama Nation, "Look, I done Whitey again!"

And if Congress doesn't roll over right away, well, "I got my phone and I got my pen..... Watch this!"

It's all about 2016 turnout now, and he'll be in full Race Riot mode from now until the election.

[lentulusgracchus]

My point is that if Obama would propose taxing from one, he would surely tax the other [Roth accounts] .

That's why I never even looked at Roths; I knew "they" were coming. People who actually looked at the arithmetic would be in danger of getting sucked in by some pretty romantic-looking numbers, which is the only reason anyone should need, not to give Roths any "mindshare".

[rdcbn]

As John Gruber has informed us. Obama ruthlessly exploits the economic illiteracy of the American voter and shamelessly uses greed, envy and stupidity to divide and conquer the American people

[GeronL]

Now if only there was an opposition party

[MrB]

Basically, GWB passed the 529 plan into place for people to save their own money for their own kids’ education.
BO & his supporters see that as “YT’s way of doing things”,
and he’s going to “get YT” once more by removing that tax break.

[Carry me back]

Yep going after the whites while refinancing over and over minority houses. Really buying them for them. Then moving minority families into Fl, Ga,Va giving them incentives to move into those states, so they vote liberal. Yep our govt at war with its citizens.

[combat_boots]

Now, that is a FACT.

[dinodino]

Obama sucks huge sacks of donkey c0cks. We set up 529 accounts for our daughters, only to have this POS raid them to give the money to his teat-sucking constituency? Disgusting.

[Theodore R.]

It seems like the words “stupidity” and “the American people’’ fit into more and more sentences these days.

[Theodore R.]

People in CA may no longer recognize DiFi, as they call her, but they endorse her and like her still.

[American Infidel]

We set up 529 accounts for our daughters, only to have this POS raid them to give the money to his teat-sucking constituency? Disgusting.

I agree with your sentiment at outrage at this proposal, but this does not have a prayer of passing the current House & Senate. Just more lip service to his commie base.

"It's not fair that "they" have more than you and are able to save for their kids' education. They didn't build that!"