The 529 Plan lets families save tax-free for university tuition. Let’s open that up so families can spend it to jumpstart young adults’ careers.
The worst thing about all this is not that NBC reporter Katy Tur apparently has no idea about basic American expenses and their tradeoffs.
Congress can take two major steps to encourage school choice in lieu of this ineffective 529 expansion: dramatically cut its meddling in education, and dramatically increase the federal child tax credit.
Obama’s 529 proposal was almost insanely suicidal. What politician in his right mind proposes a tax aimed so narrowly at education and the middle class?
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