Post #3661304
2026-07-06 11:39 UTC
Testing at 7% (bit high) with 4% inflation (high) you end up with $1600 of inflation adjusted dollars after 18 years.
This is just a market juicing. He's just juicing the market with your tax dollars because Trump is a grifter and thief
Replies (1)
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@jmcrookston@mastodon.social 2026-07-07 23:56
At 18 the account holders can use the money to buy a home or go to college. If they use it for other things, they get taxed. There are 6 million accounts but only 1 million children were young enough to qualify for the $1,000. It's a big tax break for rich people but not anything useful for people with less money.