http://www.quickanded.com/2009/09/treasury-dept-defends-tax-breaks-for-the-rich-on-the-grounds-that-theyre-for-the-rich.html The Quick and the Ed is an education blog published by Education Sector, an independent think tank in Washington D.C. The Quick and the Ed offers in-depth analysis on the latest in education policy and research. Wed, 17 Mar 2010 01:41:18 -0400 http://wordpress.org/?v=2.8.1 hourly 1 http://www.quickanded.com/2009/09/treasury-dept-defends-tax-breaks-for-the-rich-on-the-grounds-that-theyre-for-the-rich.html/comment-page-1#comment-1682 Kevin Carey Thu, 10 Sep 2009 19:56:08 +0000 http://www.quickanded.com/?p=7725#comment-1682 I think that's a very generous and worthwhile thing to do, but if you're among the wealthiest families in America there's no reason for the taxpayers to subsidize that generosity. I think that’s a very generous and worthwhile thing to do, but if you’re among the wealthiest families in America there’s no reason for the taxpayers to subsidize that generosity.

]]> http://www.quickanded.com/2009/09/treasury-dept-defends-tax-breaks-for-the-rich-on-the-grounds-that-theyre-for-the-rich.html/comment-page-1#comment-1678 Kate Thu, 10 Sep 2009 13:51:46 +0000 http://www.quickanded.com/?p=7725#comment-1678 Just wanted to point out a possible fallacy in your argument. You make the assumption that parents alone are participating in these 529 plans, but my husband and I (sans children for another few years) have been sponsoring our nieces. Without our participation, they likely would have no funds for college, and the tax benefits of the plan accrue to them, not us. Just wanted to point out a possible fallacy in your argument. You make the assumption that parents alone are participating in these 529 plans, but my husband and I (sans children for another few years) have been sponsoring our nieces. Without our participation, they likely would have no funds for college, and the tax benefits of the plan accrue to them, not us.

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