“Democrats said there were some positive elements in the legislation, ['Family Savings Act'] but that overall they would not help average Americans. ‘Probably not your family,’ said Rep. Lloyd Doggett, D-Texas...‘It’s all about helping those at the top.'"https://www.washingtonpost.com/politics/house-approves-gop-tax-measures-for-savings-startups/2018/09/27/af6dd18c-c29b-11e8-9451-e878f96be19b_story.html?utm_term=.66fb37b43fbb …
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"The accounts would mainly benefit wealthy taxpayers, with about $100,000 in annual income needed to take full advantage of it, Doggett maintained. He said people with more modest incomes likely would end up shifting savings from other kinds of accounts into the new one.”
7:20 AM - 2 Oct 2018
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