Colorado Peak Politics
  • Featured Posts
  • The Soapbox
  • Archives

WAR ON THE MIDDLE CLASS: Dems Say No to 529 Plans, But Keep That Tax Cut For the CEO’s Model X

Posted on April 19, 2018 by ColoradoPeakPolitics

More important than college educations

It was just a few days ago that Democrat legislators were screaming that there was not enough money for government-run schools, but now they are lining up to bestow tax cuts on rich drivers of electric sports cars.  Democrats in the Colorado House of Representatives voted to continue this unnecessary perk for the benefit of corporate executives, business owners, and virtue signaling trust funders.

Also this week, Democrats voted against 529 savings plans – with the laughable assertion that these are tax breaks for the rich.  If you are a middle-class parent reading this there is an excellent chance that you have 529 plan for your kid(s).

The massive hypocrisy of the Democrat agenda, asserting that a CEO’s electric car is more important that the educational savings of a child of a mother making $50,000 per year is astounding.

It kind of makes sense though.  What good is a middle class voter to the Democrats anyway these days?  Democrat politicians are not pulling in big campaign donations from middle class Coloradans squirreling away $100/month in their 529 plan.  In fact, in 2013 the average annual contribution to at 529 plan was $453, and the average 529 plan balance was $2,331. Likewise, these self-reliant producers are not going to benefit from the Welfare State that the Democrat party has carefully built in exchange for a reliable voting block.

This fact pattern reveals what the left truly thinks of the middle class – that is, not much.

29
SHARES
ShareTweet
« BARACK OBAMA HIGHWAY: Of All People, Pabon Should Recognize a Scandal
$PRINGTIME IN PARI$: How Hancock Blew Our Bucks »

Leave a comment Cancel reply

You must be logged in to post a comment.

Latest Posts

  • WRONG WOMAN: Democrats May Nominate a Woman for 2020 Senate Race, but Not Duran
  • FLIP-FLOP ALERT: Bennet Now Opposes Coloradan to Lead Interior
  • WAR, WHAT IS IT GOOD FOR? What Did Teachers Actually Get from the Strike?
  • SPEAK UP! Here’s Your Chance to Give Polis, Dems a Piece of Your Mind
  • BENNET’S BLUNDER: Money More Important than Mother Earth

Follow Colorado Peak Politics

Follow Us on FacebookFollow Us on TwitterFollow Us on RSSFollow Us on E-mail

Pages

  • Privacy Policy
  • Terms of Use
  • Privacy Policy
  • Terms of Use
© 2011-2017 Colorado Peak Politics