Trump Announces $1,000 Newborn Baby Investments In ‘Big Beautiful Bill’

[YoursTruly]

That is just plain stupid. Spending money where money is real needed spent does not make you a RINO. Voting for and siding with progressive causes makes you a RINO.

If Trump were actually a RINO like John McCain, Mitt Romney, Mitch McConnell or Susan Collins, the democrats would be celebrating him and Trump would be endorsing leftwing causes instead of bucking them.

RINO's like you are OK with the government taking money from everyone, to pay for others. Does the word "Welfare" mean anything to you? Obviously you don't understand socialism.


And yes, Trump is a HUGE RINO.
He spent $8 trillion in just 4 years.
Only vetoed 1 spending bill.
Increased the debt ceiling 3 times and suspended it for 2 years.
He assaulted our 2A twice.
He shoved an expensive flu shot in our face
He initiated the first 2 covid mandates
Gave Fauci a presidential commendation on his last day in office (2021)
He tried to give black people $500 Billion (socialist "Platinum Plan)
His healthcare bill was Obamacare on steroids.
He's still funding universities

Trump is a true blue democrat, with socialist tendencies. Trump pushes left wing policies, and you RINO's don't even realize they're left wing policies.

 

[Ropey]

All the energy these leftists are spending on calling Trump what they are is simply marvelous.

It was only a decade ago when they held the MSM and their hosts were ripping conservatives to shreds with their PC bullshit.

Trump sure turned those tables.

He took their entire platform, readjusted it for conservatism with a healthy dash of classic libertarianism, and the left? well they're still looking down at where their lunches used to be.

 

[Unkotare]

If Biden had came up with such a... scam, they'd be screaming their bloody heads off about it.

Why would democrats support anything that encouraged Americans to have more children? The democrats' want to encourage killing more children. Encouraging illegal immigration does not offset that.

 

[Ropey]

RINO's like you are OK with the government taking money from everyone, to pay for others. Does the word "Welfare" mean anything to you? Obviously you don't understand socialism.


And yes, Trump is a HUGE RINO.
He spent $8 trillion in just 4 years.
Only vetoed 1 spending bill.
Increased the debt ceiling 3 times and suspended it for 2 years.
He assaulted our 2A twice.
He shoved an expensive flu shot in our face
He initiated the first 2 covid mandates
Gave Fauci a presidential commendation on his last day in office (2021)
He tried to give black people $500 Billion (socialist "Platinum Plan)
His healthcare bill was Obamacare on steroids.
He's still funding universities

Trump is a true blue democrat, with socialist tendencies. Trump pushes left wing policies, and you RINO's don't even realize they're left wing policies.

^Chickens for KFC.

 

[toobfreak]

RINO's like you

RINOS like me, you dipshit? You've been on this forum for six years. Far too long to excuse such lapses in reason. I'm probably the farthest thing from a RINO this board has to offer.

I thought you were a somewhat pretty OK guy for the most part. Obviously I was really wrong. You're a ******* imbecile.

Off to Iggy-land for you. Nothing you say has any merit in reading further.

 

[YoursTruly]

RINOS like me, you dipshit? You've been on this forum for six years. Far too long to excuse such lapses in reason. I'm probably the farthest thing from a RINO this board has to offer.

I thought you were a somewhat pretty OK guy for the most part. Obviously I was really wrong. You're a ******* imbecile.

Off to Iggy-land for you. Nothing you say has any merit in reading further.

You're supporting socialism in the name of Trump. That makes you a RINO.

Again: A RINO is a republican who's not fiscally conservative. There's nothing "conservative" about the government taking money from all citizens and giving it to a few others.

 

[Ropey]

While ass kicking never feels so good as when they're kicking their own asses for you.

 

[Ropey]

One of those single women.

 

[White 6]

Things like this is only more proof that Trump is still a democrat at heart. It's only money, right? And we're only $37 trillion in debt. Right?

Trump Announces $1,000 Newborn Baby Investments In ‘Big Beautiful Bill’​

Every baby born a U.S. citizen gets a $1,000 contribution into a deferred, low-cost index fund.


.....snipped

While the accounts start at $1,000 per child, they allow for $5,000 additional dollars to be added every year throughout the life of that child.

That whole bill should be scrapped. Only idiots support it.

 

[Ropey]

But if Trump is a Democrat, then you should like the bill.

 

[egp320i]

how can trump set up and index fund to every child born, he knows every kid born and instantly enters there name?
what if the kid at 18 can legally take this money out and go buy a new car and drugs.....and not use it for education, what then?
who pays for this is obviously the most important, I don't want to give a dime to any kid
it's the parents responsibility to set up a fund for their kid, not me...... or my tax $$$

 

[1srelluc]

No, the money is put into an account for you. The government makes some interest off the money. The money helps americans get a foot up on building a family.

It is a win-win for Americans; sort of reparations for years of white injustice over "white privilege," building a stronger country full of more citizens and fewer undocumented illegals.

There is no socialism involved, in fact, this is anti-socialism as it is meant to spur greater autonomy.

Yep, it's tax deferred, not tax free. The leftists here should learn to fuckin' read.

The .gov will actually make money in the end.....Much more than the 1K invested. Much more so than a 529.

That and it gives parents a simple avenue to invest in their child's future.

President Trump’s proposed “Trump Accounts” would provide every US citizen born from 2025 to 2028 with a $1,000 tax-deferred investment account.

These accounts will be private property controlled by the child’s guardians, allowing parents to add up to $5,000 annually. Children will be able to access some funds at age 18 for education, training, or a first-time home purchase, with full access at age 30. Trump says this program will give countless American children a strong financial start in life.

Unlike tax-free withdrawals from 529 education plans and Roth IRAs, the Trump savings accounts will require post-tax contributions, and withdrawals will be taxed either as long-term capital gains or regular federal income, depending on how the funds are used.

Trump Account For Newborns: Eligibility, Payout Details, And How The Program Works

President Trump’s proposed “Trump Accounts” would provide every US citizen born from 2025 to 2028 with a $1,000 tax-deferred investment account. Managed by guardians, the account tracks the stock market, allows annual contributions up to $5,000, and becomes partially accessible at 18, with full...

www.timesnownews.com

 

[AntonToo]

President Trump's One Big, Beautiful Bill is a major win for families:

• Increases Child Tax Credit to $2500.
• Enhances Adoption Tax Credit $5000.
• School Choice Tax Credit $1000.
• Federal savings account for new babies.
• Defunds Big Abortion.

What's not to like.

Free money. What’s not to like?

 

[SassyIrishLass]

Deciding to have children shouldn't have a cash incentive

 

[1srelluc]

Deciding to have children shouldn't have a cash incentive

Not for anyone who properly plans.....A tax-deferred leg up for a kid is a great thing.

 

[SassyIrishLass]

Not for anyone who properly plans.....A tax-deferred leg up for a kid is a great thing.

Well yeah but yeah but we sorta planned on taking care of our children without government

 

[1srelluc]

Well yeah but yeah but we sorta planned on taking care of our children without government

Read post #72 and reassess.

 

[SassyIrishLass]

Read post #72 and reassess.

I don't have to reassess. My husband and I had children and they're our responsibility.

 

[Dragonlady]

Things like this is only more proof that Trump is still a democrat at heart. It's only money, right? And we're only $37 trillion in debt. Right?

Trump Announces $1,000 Newborn Baby Investments In ‘Big Beautiful Bill’​

Every baby born a U.S. citizen gets a $1,000 contribution into a deferred, low-cost index fund.


.....snipped

While the accounts start at $1,000 per child, they allow for $5,000 additional dollars to be added every year throughout the life of that child.

How stupid is this. They're giving $1000 trust fund to rich kids. Big whoop.

 

[AntonToo]

Yep, it's tax deferred, not tax free. The leftists here should learn to fuckin' read.

The .gov will actually make money in the end.....Much more than the 1K invested. Much more so than a 529.

That and it gives parents a simple avenue to invest in their child's future.

President Trump’s proposed “Trump Accounts” would provide every US citizen born from 2025 to 2028 with a $1,000 tax-deferred investment account.

These accounts will be private property controlled by the child’s guardians, allowing parents to add up to $5,000 annually. Children will be able to access some funds at age 18 for education, training, or a first-time home purchase, with full access at age 30. Trump says this program will give countless American children a strong financial start in life.

Unlike tax-free withdrawals from 529 education plans and Roth IRAs, the Trump savings accounts will require post-tax contributions, and withdrawals will be taxed either as long-term capital gains or regular federal income, depending on how the funds are used.

Trump Account For Newborns: Eligibility, Payout Details, And How The Program Works

President Trump’s proposed “Trump Accounts” would provide every US citizen born from 2025 to 2028 with a $1,000 tax-deferred investment account. Managed by guardians, the account tracks the stock market, allows annual contributions up to $5,000, and becomes partially accessible at 18, with full...

www.timesnownews.com

In the end this is yet another scheme to pump stock market by expanding national deficts.

In typical Trumpian fashion it does the opposite of addressing the biggest issues America faces.