[quote=scaredyclassic][quote=flu][quote=AN][quote=flu][quote=harvey][quote=flu]I’d like to see folks try to defend this one….[/quote]

So have you actually looked at the numbers?

It doesn’t seem that these changes would result in a net increase in taxes for most families/students.

With the $2500 credit, it could be a net decrease.[/quote]

Except for households above the cap..[/quote]Cap is $180k as a couple or $90k as a single. Don’t you know that you’re rich when you make that much more than the middle class? Be happy that you’re rich and quit ya whining.[/quote]

So basically, almost every enginerd here in san diego that is single or every double income family in California that actually values their kid’s education…is…well screwed….[/quote]

you can value learning and go to call state and pay little. In my uneducated but semi informed opinion the engineering program at SDSU is very good or at least good enough. We write a small check each semester. My kids on the dean’s list and I don’t think he studies relentlessly, socompetition must be reasonable.[/quote]

That’s great for people that didn’t already dump their money into a 529….Not so great for people already with a 529…But I reread the taxable withdrawal rules of the 529…just in case….Principal amount can be withdrawn without a penalty, earnings get taxed with a 10% penalty…unless your kid get a nontaxable scholarship, for which the same amount can be withdrawn without penalty,subject to ordinary income taxes i think.

Anyway, I doubt this will pass. And besides, if there really ends up being free community college, I’ll be signing up for as many auto body/mechanic shop, photography, graphic artist, woodshop, real estate broker, and metallurgy classes as possible, even though it will be only to fulfill my hobbies…..hopefully, taxpayers paid of course 🙂