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Trump Accounts: A US political establishment ploy to promote more corporatism (www.cnbc.com)

submitted 1 month ago* (last edited 1 month ago) by humanspiral@lemmy.ca to c/economy@lemmy.world

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By giving every child$1000, (optimistically can grow to $4000 by 18th birthday), and allowing tax deferred contributions (mostly by rich) to the account, more Americans will be made to promote Corporatist supremacy.

If you ask for "anti-business" reforms against structural slavery, then will be "ruining your children's savings."

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[–] humanspiral@lemmy.ca 1 points 1 month ago

Yes. It's a gift to wall street to earn fees from accounts, and to pump up S&P500 stocks if that is index that will be used.