Can’t really be surprised by this either….
Check it out:
Part of President Barack Obama’s ambitious tax reform plan is a proposal to gut the popular 529 savings accounts used by millions of Americans to save for college. The administration has labeled the plans “inefficient” and complained that the benefit accrues too heavily towards higher-income Americans.
But in 2006, Obama actually voted in the U.S. Senate to make the 529 savings permanent, and has written favorably of the plans in the past.