Yes, they do. The proposals were not available to families with incomes in excess of $100,000, and they began to phase out at incomes over $80,000. Families with incomes over $100,000 paying tuition costs out of dividend and interest income are one of the few categories of taxpayers to receive more benefits under the Republican approach than under the Democratic approach.
Discussing the impact of tax proposals on families with higher incomes.
Share
More from Rich Neal
I'll tell you what's coming: handouts for billionaires, healthcare cuts for the people.
I can't wait for the Republican Party to meet that waitress who is making $32,000 a year and tell her in this tax bill the Republican Party just gave her 68 cents more a day because that is the reality of what this tax bill is about. We…
Well, the looting is underway. Our colleagues are running the same failed playbook of trickle-down handouts. My friend, the gentleman from Pennsylvania (Mr. Smucker) said the family of four is going to get $1,700. Look at the tax…
Republicans’ ultimate goal is to privatize Social Security, and there isn’t a backdoor they won’t try to make Wall Street’s dream a reality.
Other voices in this conversation
