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I was thinking, if our country also set up similar accounts for children, would it help boost birth rates? Would our billionaire entrepreneurs be willing to donate billions in stock to support the nation's children?
On July 4, the "Trump Account," benefiting tens of millions of American children, officially launched, and tech giant Dell and his wife also announced a donation of $6.25 billion to support it.
The "Trump Account" will provide $1,000 in government seed funding for every newborn American child born between 2025 and 2028, funded by the U.S. Treasury. The account will invest in the U.S. stock market to generate compound growth, providing financial support for children after age 18 for education, home buying, and entrepreneurship.
The $6.25 billion mega-donation from American tech giant Dell and his wife will supplement the "Trump Account," injecting $250 into the personal investment accounts of approximately 25 million American children born between 2016 and 2024.
Dell and his wife stated: "We don't want children just before the cutoff date to be left out," and called on more business leaders to join in, giving the next generation a starting point for the "American Dream."
This is the largest direct charitable project benefiting children in the United States in recent years. Collaboration between the government and private enterprises to help children become shareholders and long-term investors in "American capitalism" as early as possible plays a certain role in bridging the "spreading pessimism and social division in the U.S." as it approaches its 250th anniversary.
It is expected that more large U.S. companies and wealthy individuals will join in donating and contributing matching funds to the Trump Account.
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