Investment Strategy - Advocates for shifting power from the State to individuals through investment accounts for each child at birth [1] - Proposes replacing ineffective government programs with individual investment accounts [1] Potential Benefits - Suggests this approach could improve financial literacy, graduation rates, and small business startups [1] Political Implications - Notes that this proposal is likely to be opposed by "marxists" [1]

A number of CEOs are throwing support behind the Republicanbacked Trump accounts. Under the tax plan, the federal government would deposit $1,000 in a tax advantaged investment account for each child born from the beginning of 2025 through the end of 2028. After that initial $1,000, families and others can contribute up to $5,000 per year.The money would grow tax-free as long as it's invested in a broad stock index. When withdrawn, investment returns will be taxed as long-term capital gains, but only if use ...