UncleRico
shsbxheb@mstdn.social
Posts
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Post #3659812
“..Trump accounts exist. The question is whether people will be helping their kids by putting money into them..the answer for almost everyone is no.The main reason is that we already have 529 accounts for the purpose of saving for a kid’s education.The big difference between the accounts..is that it is possible to withdraw money from a 529 account,if it’s needed,where it is not possible to withdraw money from a Trump account for any reason,until the kid turns 18.” https://open.substack.com/pub/...
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Post #2404053
“The wealthiest Americans used to pay higher taxes to finance the government. Now, the government pays wealthy Americans interest on a swelling debt, caused largely by lower taxes on wealthy Americans. Which means a growing portion of everyone else’s taxes are now paying wealthy Americans interest on those loans, instead of paying for government services everyone needs.” https://open.substack.com/pub/robertreich/p/what-no-one-will-tell-you-about-the?r=1uo829&utm_medium=ios