Justin Sink at The Hill writes that:
The White House said Wednesday it believes that President Obama’s unpopular proposal to tax college savings accounts makes sense as part of a broader education plan. The decision to jettison the proposal, which had come under criticism from Republicans and Democrats as a middle-class tax hike, was made because the issue had become a “distraction” lowering the odds that Obama’s broader education plan would gain traction …
The White House spokesman also said that:
… the proposal was a “relatively inexpensive and small piece of business for us.”
Yes, and to do what the president wants, and advance the progressive agenda, there must be more taxes and they will hit the middle class because that is where the money is.
The 529 skirmish was merely a probe.
