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Registered on:8/30/2017
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quote:

It isnt per account.


It is for kids born during Trump's second term.

As of early 2026, the federal government provides a one-time, $1,000 seed deposit for "Trump Accounts" for U.S. citizen children born between January 1, 2025, and December 31, 2028

quote:

Most of the funding is from parents or philanthropists.


That still does not change the fact that taxpayers are funding the accounts at $1000 per account, which is something conservatives should be against.

That is my point.
quote:

Conservatives are against savings accounts?


No. They are against taxpayers funding the accounts.
quote:

Isn't it privately funded


taxpayer funded
quote:

The libertarian party sucks


I can count maybe five members of this board who are actual members of the Libertarian party.


quote:

As I said earlier, its the socialism of the right: a good idea that will never work because man is too flawed to implement it without causing chaos and bad outcomes to everything it touches.


The majority of libertarians on this board are "economic libertarians". Economic libertarianism is being tried right now in Argentina. Let us know if you believe this is not working in Argentina.

quote:

Far better to accumulate QQQ


Stick to the topic.

QQQ doesn't give out "qualified dividends". Or if it does, it is miniscule. Many need these qualified dividends for tax purposes.
quote:

Campbell's soup is at a 52 week low around 20. Dividend up over 7%.


A lot of the food stocks are at lows.

CAG is around 15 with a 9% yield.

KHC is around 21 with a 7% yield.

re: Good News For The Mid Terms

Posted by frogtown on 3/19/26 at 7:13 am to
quote:


paid $3.09 yesterday in arkansas,


Your gas station is working off old inventory.

As others have stated, you probably live in the sticks.

Give it another two weeks and then report back the price.
quote:

Would it have passed?


They had the DJT tax cuts as leverage. I believe so.
quote:

People get pissy that Trump hasn't "done something"


In order to get some spending cuts, they(the cuts) needed to be in the BBB. That was his opportunity to "do something".
quote:

You're going to have a pretty big tax bill. All of these dividends are going to be taxed a regular income if it's a taxable account (it needs to be in a Roth).


The fund utilizes Section 1256 contracts (NDX options), resulting in a 60/40 capital gains split (60% long-term, 40% short-term).

So 40% will be taxed as regular income. 60% long term cap gain.
quote:

I wish people would watch soaps again for their drama fix and tune all these meatheads out. We've turned politics into The Young and the Restless.
Privacy•Ad


This is a bingo. I used to listen to Limbaugh because he made me laugh. We have a group that is way way way to hung up on these influencers and every little post they make or word they say.
quote:

Looks like they turned on him.


Trump first threatened to primary Massie when Massie voted against the Cares Act.
She says she wants to be Great Britain's version of Javier Milei, which is what GB needs.

re: Who pays the tariffs?

Posted by frogtown on 2/24/26 at 3:57 pm to
quote:

So how does that compare to the 2020s?


Read it.

link

re: Who pays the tariffs?

Posted by frogtown on 2/24/26 at 3:53 pm to
quote:

I really wish people would be as disgusted with the income tax as much as they are with with tariffs.


I am disgusted with all of it. What equally disgusts me is there are many in the GOP who cannot even admit tariffs are a tax.

re: Who pays the tariffs?

Posted by frogtown on 2/24/26 at 3:49 pm to
quote:

Know what the top income tax bracket was when "America was great" through the 1950s? 91%


The top bracket was 91%, but they weren't paying it.

During the 1950s, the top federal marginal income tax rate was famously high, peaking at 91% or 92% for income over $200,000 (roughly $2 million today). However, the actual effective tax rate (the percentage of total income paid after deductions) for the top 1% was much lower, averaging around 42% for all federal, state, and local taxes, or ~17% for federal income tax alone, due to loopholes.
Tax Foundation
Tax Foundation
+3
Key 1950s Tax Data Points
Top Marginal Rate: 91%–92% (on income over $200,000).
Top 1% Effective Rate: ~42% (total federal/state/local)

re: Obamacare failure

Posted by frogtown on 2/23/26 at 9:21 am to
quote:

Very high deductible catastrophic only plans were very cheap


Just for reference.

Pre ACA, I had a HDHP with AETNA. My policy premium was only $150/month. Deductible was around 8k if I remember correctly.

Exactly what I needed since I was self employed. This kept me from going bankrupt.

re: Obamacare failure

Posted by frogtown on 2/23/26 at 8:03 am to
quote:

Insurance premiums for those whose employer didn’t provide healthcare were too often out of reach.


This is a lie. We had high deductible.catastrophic policies tailored to our needs, which is something we cannot get with the ACA.
quote:

If putting that money back into circulation causes the economy to boom, then taking it out in the first place had to have caused a drag.


So it looks like there are no takers to address this point. Interesting.