I don't like this at all. Why are we gifting some gen alpha retards free six figures with my tax dollars? Fuck them kids.
ok boomer
>>61436031This isn't a comment on this particular legislation, but if the country improves things for future generations, that means future generations will live better lives than you, and you have to accept that.
>>61436031the money goes into the market
>700000 by 35thats gonna be worth about $45 in todays money, NGMI
Honestly, we should be doing more to democratize the wealth in the markets. Way too many people out there think financial success comes from some out-of-reach goal, when it's really about steady contributions and time in the market.I remember taking some financial courses in middle school and high school. We learned how to write checks, how to balance a checkbook, etc. This was in the late 2000s, too. It's really insane to me that we'll learn this bullshit and what the predicate of a sentence is, but we don't teach investing. Instead, the kids learn how to lose money on the crypto casino, or spending money on $400 sneakers.We need to do better.
>>61436031>Liquidity locked into the market for 18 years>This is bad
>>61436031by that time, that won’t even be enough money to buy a new car, much less to live on or make any real impact on their lives.
>>61436031I hate boomers so much its unreal.
>>61436214>sorry kid born in 2023 you get nothing! >here kid born in 2026, have $200k for free!Make it make sense.
>if you invest $10,000 every year for 18 years you will have $170,000Wow.
>>61436031>"Trump account"I hate this faggot so much making every attempt to treat the largest economy in the world like a new one of his fucking shitty hotel or casino businesses.
>>61436240It's funny as fuck desu
>>61436031Conman
wtf is a trump account now?non american btw
Me after I knock up thousands of negresses in the next 3 years for them to shake their toddlers into SIDS and split the account opening payment
Stocks aren't real. If everyone has $3,000,000 in stocks, it doesn't make everyone rich, it makes $3,000,000 worthless. SOMEONE has to do labor. Someone needs to keep the lights running, keep the toilets unclogged, keep the floors mopped, and keep your soggy fast food orders assembled.The art of American wealth inequality is finding out how far we can bend the ratio of people who can live free instagram-snapping lives vs people who carry those people's luggage.
>>61436369Laughed.
>>61436300For the next few years, babies born in the U.S. will basically be given a savings account with a few thousand dollars. Even with just okay returns, they'll be worth a lot by the time they're 35 or 40.
>>61436031Nothing to do with your tax dollars, everything to do with being free from taxation. Just like 401(k)'s and IRAs are supposed to be (but won't be).Give it seven years (Vance or another Republican will win 2028, then get booted out as the economic collapse intensifies) until our next socialist president and you'll see these accounts get raided by whatever communist fucktard the Dems get elected.
>>61436420Another reddit spacer completely divorced from reality. Very good.
>>61436420I'm fully fucking prepared for Democrats to come raid my 401(k) and Roth IRA.>oh, you thought you could just DCA your way out of poverty? I don't think so, we're going to raise taxes on withdrawals and give the revenue to the biomass known as our voting base>>61436431Spacing isn't from reddit, fagtard.
>>61436443Right, and you didn't just adjust either.Don't you meanI'm fully fucking prepared for Democrats to come raid my 401(k) and Roth IRA.>oh, you thought you could just DCA your way out of poverty? I don't think so, we're going to raise taxes on withdrawals and give the revenue to the biomass known as our voting base
>>61436226Gotta start somewhere, retard. Its all water under the bridge.>>61436240picrel
>>61436454I sometimes space my thoughts out. I've been on 4chan before you were even watching Spongebob.
>>61436479Embarrassing post.
>>61436479Oldfag
>>61436479Your reddit the frog post communicates something else. Tourism.
>>61436488I don't care about what you think. You zoomers think embarrassment means something, you were born in the ostensible panopticon and your self esteem is derived from what other room temperature IQ retards think of you.
>>61436400wagie ragies
because social security is collapsing.
>>61436031So how is a child supposed to put money into their "Trump Accounts" exactly?Oh, their parents have to do it?So it's just a trust fund?Oh okay so it's worthless for anyone that isn't already in the 0.1%.God I hate conservatards.
>>61436031>>61436103Instead of SPY or QQQ if parents fully invested their kids' Trump Accounts in PHYS or PSLV they would have a chance at generating generational wealth by 35.
>>61436031>if the maximum amountSo what is the maximum account? Thousands of dollars every year? If I had a child I might be able to afford that but shitload of Americans won't.And why are we assuming that the market is just going to grow at a constant rate forever? The growth in the last 2 decades were driven by massive advances in consumer tech. What's going to be the next explosion in personal computers? What's the next iphone? What's the next social media? What's the next explosion of video games? These things have already started to plateau so am I supposed to believe we're going to see even more revolutionary shit and all of it will only benefit American stocks?Wait I already know, they're banking on AI shit. That stuff is only good for porn.
>>61436031>MAGA will say this isn't a top signal
>>61436403How is this democratizing wealth? It’s turning blue collar tax dollars into time-locked liquidity for the asset managing class.
Will the inflow help the market?
>>61436751So first off, the top 20 percent of earners pay 85 percent of the tax revenue. Everyone else basically gets a refund. Second, owning assets is the way to build wealth, not work. I know people that have worked since the 1980s, retired, and didn't save a dime. They expected to just magically be wealthy by 65. You can't do that without ownership of assets.
>>61436127They don’t want us to make it.Billions spent on education each year.Show me they want us to learn how to make it.They don’t!
>>61436769Instead of trying to launchpad kids into a retarded environment of boomer design we could also just build more shit. They're only top earners because rent seeking is the only game in town.
>>61436400TrueEvery Dollar spent on welfare makes my dollar worth less.Stimulus checks devalue the dollar.If Trump gave everyone a million dollars, 1 million dollars would equal zero.
>>61436226>you get nothing!Get better parents I guess, this is nothing new at its core.https://www.fidelity.com/building-savings/child-saving-and-investing
>>61436799As opposed to 25 percent cumulative inflation since 2020 makes the dollar healthy and strong. More concentrated wealth please.
>>61436031$90,000 to $170,000 in 18 yearsNot a good deal I'd you ask me.With 2.5% inflation each year, that's a net gain of $0
>>61436400Yes they are you dumbfuck. Owning a company is like owning a skyscraper. It has value and you can rent it out.Someone who has $3,000,000 in stocks isn't rich? What the fuck are you talking about.
>>61436369he looks confused by the existence of the sun
>>61436751>It’s turning blue collar tax dollars into time-locked liquidity for the asset managing class.stocks and the market have been the best method to become wealthy for centuries. making every american into a shareholder makes the entire country wealthier and sets up people for success.
>>61436300Yearly money injections for Jewish children
>>61436031>inflation adjusted - loss in real terms> (managers) of the funds collect fees> slow to move / adjust with market dynamics, easy prey for hedge funds and brokers >can’t access without massive penalties and taxes.Another ponzi scheme and theft vehicle disguised as breadcrumbs for the poor, just like pensions, social security, 401ks, etc
>tfw $700k is $700 after trumpflation
>>61436031US govt is nothing more than an international criminal terrorist mafia Don't expect anything moral or lawful from them
>>614370323 million is basically the poverty line in 2025
>>61437032You’re braindead and can’t read.He said if EVERYONE owned the same amount in stocks, implying no one was actually doing any labor. Which he is right in that case.
>>61436031The money will be given to Israel and Kike Bankers.
>>61436031This is propaganda to get people to store their savings in credit investments such as stocks and bonds. The economy is nothing more than credit sloshing around and they are worried that young people are not investing at all because they know all the value has already been stolen and we're probably near the top. Physical capital assets and precious metals are where you want to be putting money these days. Pic rel. This is what exponential functions do on a long enough timeline. Nothing about America works without the bond market holding "purchasing power" in IOU form. The money is spent, and the government is lying to you that they can pay it back. The government doesn't owe you anything, it's actually you and I who pay for it all via taxation. So it is actually UOU. You all expect Social Security and Healthcare etc. Well guess what, you can have whatever the hell you want, but YOU have to be taxed to pay for it. $120TN liabilities? That's a you-problem. Just hand over $200,000 per person and you can have your little stipend and your little wellness checkup. Once you die, all of that money doesn't go to your children. Nope. They default on "you" and never the bonds. So if you haven't noticed, the financial system compels the government to set up grifts to impoverish you.
>>61436058Thats the fucking idea, you boomer fucker. Jesus you people truly are a waste of goddam life.
>>61436403When they are going to have "access" to it, it will be gone because it will or is going to be used for the ww3 war effort. Basically, it doesn't exist and it never will. Just like the DOGE refund money doesn't exist and the $2,000 refund doesn't exist.
>>61436058Big "if"
>>61436763Low key eldritch horror, too many teeth
>>61436369I would munity all those normies and sail solo straight to the Africa
The contributions to the "Trump Accounts" are POST-tax, and the kids can't even withdraw them at age 18 without a jewish 10% tax penalty like an IRA. The government expects you to keep that liquidity locked up for your babies until age 60. More jewish than a 50 year mortgage. It's just another scam to pump the stonk market to 100X P/E ratios. You'd be better off buying your kids monero and just leaving it, then they can do whatever the fuck they want with it.
>>61441747This.Just another kike scam. Trump is the most Jew owned prez in American history
My 96 civic will be worth half a mil in 20 years
>>61436420lol Canada has already had something like this for decades
Im so sick of people acting like money in the modern day is a finite resource that is allocated to different things."WHY ARE MY TAX DOLLARS BEING USED TO BLAH BLAH BLAH"you fucking imbecile your tax dollars are being thrown into a giant money pit of debt and everything is paid for by an ever increasing amount of loansNone of this fucking matters anymore. The money isnt real, the value of labor isnt real, everything is just scammers competing to see how much they can rig the system
This is UBI lmao. Also since Gen A starts in 2013, it'll probably be Gen B that benefits most, they'll just have to keep their nest egg while doing minimum work and living with their boomer grandparents (their millennial parents will just have to inherit the house).>millennialsLast gen of the Old Millennium>gen zFirst gen to be totally negrified>gen ALeast white generation>gen BMost NEET generation.
>>61442127Too bad about the gold eh?
