In his proposal to simplify the tax code and help middle class families, President Obama has thrown middle class families who are saving for college under the bus. He wants to repeal the tax-favored treatment of 529 college savings plans and make earnings on future contributions taxable, even when used to pay for college.
In his proposal to simplify the tax code and help middle class families, President Obama has thrown middle class families who are saving for college under the bus. He wants to repeal the tax-favored treatment of 529 college savings plans and make earnings on future contributions taxable, even when used to pay for college.
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