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Associated Press=sour grapes. Would you have rather he went to Wall Street? Then you would have complained about the traffic and security issues. And the subject was FREE investment accounts for millions of children who otherwise may not have a college account or any investments – buried in the last few paragraphs. No other president has done this!
It’s not free. “Trump Accounts” is literally just another front for the Trump family to skim money from. They’re using Trump Accounts to “invest” money into their own businesses and crypto scams. Idk how you Conservatives haven’t figured this out. Trump conned you and you were dim enough to buy into it.
529 accounts already exist and have been available for decades. They come with the added benefit of not having the name tied to an egomaniac and having the money invested by professionals, not Trump sycophants who will take the money and run.
No other president has done a lot of things. That’s sort of why people are so concerned and frustrated, Rebecca!
Also unlike 529s, Trump Accounts will be taxable upon withdrawal and there are no deductions for contributions (not free). The built in tax bomb is HEAVY. Overall, Trump Accounts are a raw deal.
My own view is that stocks rise regardless of Trump’s chaos, and they fall as a result of his chaos.
+1
As always, one must ask; what is in it for Trump and his family.