Yes file this under the “may never happen” category.
But now GOP wants to tax PhD tuition benefits and the free tuition given to dependents of university employees.
So if that passes and is in effect when my kids are in college, I could end up paying $150-200k in taxes over time for my 3 kids’ benefit (if they get the max value of my current benefit, which is variable, but currently would be $600k max value for 3 kids).
I know people argued about the HRC tax increases we would’ve seen with her, but she probably would’ve mostly just bumped up a couple higher marginal rates and would not be slashing corporate taxes.
Pretty sure she wouldn’t have tried to sacrifice grad students. Or the janitor at the university who uses the tuition benefit to pay for his kids college. No one will shed a tear for doctors, I know, but it’s aggravating how much our income range is being targeted.
But now GOP wants to tax PhD tuition benefits and the free tuition given to dependents of university employees.
So if that passes and is in effect when my kids are in college, I could end up paying $150-200k in taxes over time for my 3 kids’ benefit (if they get the max value of my current benefit, which is variable, but currently would be $600k max value for 3 kids).
I know people argued about the HRC tax increases we would’ve seen with her, but she probably would’ve mostly just bumped up a couple higher marginal rates and would not be slashing corporate taxes.
Pretty sure she wouldn’t have tried to sacrifice grad students. Or the janitor at the university who uses the tuition benefit to pay for his kids college. No one will shed a tear for doctors, I know, but it’s aggravating how much our income range is being targeted.
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