People who are using 529’s tend to be personally responsible, and leftists hate that.
There’s very likely a racial disparity between 529ers and those who eschew this savings plan,
and THAT’S what BO is really targeting.
'Cause I'm the TAXMANNN...
Who knew that would make it so far on this side of the pond?
To think our forefathers revolted over a whopping three percent...
“You don’t need those 529 plans, America. I’m giving you a “free” kommunity college indoctrination.” - Lord Obammie
How is this any different than putting (after-tax) money into a regular bank account, then having that money taxed as income — again — when we withdraw it?
(And why would I expect Obama to possess a lick of economic sense, much less any concern for the middle class?)
destroying the ‘middle class’ is a standard and necessary Communist strategy when they take-over and control any country.
the rich are usually part of the “communist” coup anyway, if only behind the scenes.........the poor are usually bought off with a few small ‘freebies’ .... it is the ‘middle class’ that poses the greatest danger to a Communist dictatorship
Piles of money do not sit idle. Democrats can sniff out dough from the moon.................
My government is at war with me.
FUBO!
Obama's goal is to have 2 classes in America. He's siphoning the money from middle class bank accounts to the poor in order to do so.
He's already accomplishing this thru huge hikes on health insurance which go directly to subsidies to the lower class. Now he'll try it with education.
This despite the fact that the middle class are the "working people"
For the same reason, the ObamaCare law will effectively ban people from saving money tax-free in high deductible Health Savings Accounts (HSAs). HSAs allow people to plan and save for their own health care and be responsible for it themselves.
The only reason HSAs haven’t been dropped yet is that he’s afraid of the blowback.
His real goal is to destroy 90% of the private Colleges and Universities and have federally run colleges and universities put in their place.
Obama wants a new middle-class tax.
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.