Sentences with phrase «affluent families towards»
By drawing more affluent families towards 529 accounts, the latest reform is almost certain to make the overall impact even more regressive, unless states change their tax treatment.
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Likewise, the Child and Dependent Care Tax Credit, which I do not depict in a graph, is heavily tilted towards more affluent families: The top quintile of income receives 35 percent of the total expenditure whereas the lowest quintile receives 1 percent.