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Lloyd Doggett: “Our tax laws are adjusted so that I can take advantage of…”

Featuring: Lloyd Doggett, Democratic | U.S. House Texas, 37th Congressional District

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With Liberty and Justice for Some Ep. 60 with Rep. Lloyd Doggett

Published | Video Starts at 14:03

Are there anything that affects maybe not on the corporate side, but on the wealthy individual side that especially stands out. Well, overall, I would say that most individuals get the benefits of retirement incentives much more than working folks. Our tax laws are adjusted so that I can take advantage of the 529 account to help my children. Many people can't afford to set aside money in that. So we don't do enough on higher education, we don't do enough on retirement. It's all slanted toward the benefit. Those at the top. (14:03–14:16)

CLAIM

Asserts that tax laws favor those who can afford to use 529 accounts for education savings.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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