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The System cannot reform itself.It appears as if Trump is all in on gaslighting the nation on the Epstein issue. As MAGA wakes up to the undeniable fact that DJT is every bit the lying charlatan as anyone else in the swamp, will they begin to question other MAGA narratives too?
So who exactly had this power ?
They could keep it simple, with simply a deferred $1000 tax-credit for newborns. Multiply it according to whatever rate an actual capital investment would multiply - say, the way this actual investment might multiply. Make the tax-credit saleable to education institutions for tuition, say. If there are still non-government universities out there in 20 years.‘Trump accounts’ come with a $1,000 baby bonus. Then the rules get complicated, tax experts say
President Donald Trump’s massive tax and spending package includes a new child savings account with a one-time deposit of $1,000 from the federal government for newborns.
- President Donald Trump’s “big beautiful bill” includes a new savings plan for children with a one-time deposit of $1,000 from the federal government for newborns.
- So-called “Trump accounts” will function like an individual retirement account.
- But beyond the initial seed money, tax experts say the benefits fall short of other savings plans already out there.
The premise is simple: So-called “Trump accounts,” a type of tax-advantaged savings account, will be available to all children who are U.S. citizens starting in July 2026.
Beyond that, the rules get somewhat confusing, tax experts say.
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