[quote=FlyerInHi][quote=flu]
The lunacy is going after a tiny savings plan that encourages individual americans to save/invest( which the last time I checked, would do many americans a good thing that traditionally does a piss-poor job of saving) instead of going after any other sort of “tax loophole” for corporations, hedge funds/private equity, or uber rich people… But I guess those people are important, since they fund campaign contributions, so they must be off limits I guess.[/quote]
Nothing of the sort.
The 529 plan has very low appeal. The proposal is to develop college incentives that have broader public reach.[/quote]
And like I said over and over again. Those college incentives could have been paid from taxes from truly “rich people/corporations”… It could have come out of our defense’s budget.
Why did they specifically pick the 529 plan, besides it was an easy target that people *thought* (since only a minority of group of people have them)…there would be no backlash against and could be crammed down people’s throat…
So the messaging is “let’s tax people who consciously save/invest and plan for the future instead of make good decisions on our country’s budget and allocate money elsewhere for this greater cause…And while we’re at it, let’s call the 529 plan a “rich person’s plan” so we can get more of the lemmings to agree to this, since well, so many people hate/envy more successful people in this country now anyway…”
