Trump ‘Birthright’ Accounts:
A Step in the Direction
of
‘Equitist
Citizen Birthright Equity’.
GLOBAL STRATEGIC HYPOTHESES.
Dear Reader,
The Trump Faction’s “Big Beautiful
Bill”, now passed into U.S. law, contained a provision, championed by Republican
and Trump Faction supporter Ted Cruz, to provide each newborn U.S. Citizen with
a US$1,000.00 bank account, administered by the U.S. Department of the Treasury,
that is to be invested in a stocks index fund, that would thus [likely] gain in
value over time, tax free, until the account-holder reached the age of ‘‘‘majority’’’,
e.g., at 18 years of age.
Parents, relatives, and,
e.g., local governments and private employers could contribute further funds to
these accounts prior to the account-holders’ majority. The accounts’ funds could not be used until
the account-holders’ majority.
Those funds’ uses thereafter
would be as taxable income, for “qualified uses” – e.g., uses for education,
primary home purchase, and entrepreneurial investments. Penalties would apply for “non-qualified”
uses.
Part of Ted Cruz’s stated purposes for these accounts included – in face of the fact that so many ‘majority-class’ Citizens do not invest in the capital markets – to give more of those Citizens ‘“a stake in the system”’, as well as to encourage entrepreneurial ventures by the account-holders – to ‘“make more capitalists’’’.
This new legal provision of
taxpayer-funded ‘accounts at birth by birthright’, is, of course, similar to the
‘Citizen’s Birthright Equity social trusts funds’ pillar – as a newly-recognized
human right, and all-citizens property right – that forms a crucial pillar of Seldon’s
proposal for ‘Equitist Political-ECONOMIC DEMOCRACY’ as the higher successor
system to the capitalist system, in his book Marx’s Missing Blueprints.
Such proposals have garnered
by-partisan support in the U.S. for some years now.
As a sign of the possible «Zeitgeist»
character of such proposals, we note that, before the “Trump ‘birthright’
accounts” law, Democrat Cory Booker proposed a similar “baby bonds” bill, but
it did not gain sufficient by-partisan support to pass.
Characteristically, Booker’s
proposal was posed in ‘Rocke-Nazi’-canonical “divide-and-conquer” terms, in
particular, to exacerbate the – long-‘Rocke-Nazi’-cultivated – racial divide in the
United States.
‘Rocke-Nazi’ political whore Booker presented his bill as
a way to reduce the wealth gap between African-ancestry Americans and European-ancestry
Americans, with much higher Federal government contributions aimed at the
former. Booker, of course, did not
present his bill as a means to mitigate the proletarian-disadvantages of the U.S.
majority class in general.
U.S. state governments, and
even some local governments, have been considering similar enactments, and
several U.S. states have passed such provisions into law.
Hillary Clinton’s 2008
Democratic Presidential Primaries platform initially contained a one-time US$5,000.00
baby bond plan, but naturally, that provision was later removed from her platform,
‘Rocke-Nazi’ political whore that she is.
The U.K. had passed a Child
Trust Fund into law in 2005, but, of course, it was abolished but a few years
later, in 2010 – predictably, given the ‘Rocke-Nazi’ domination of U.K. policy
and governance, and the Rocke-Nazis’ humanocidal hatred of the majority class,
and of any benefits thereto.
A law with provisions similar
to those of the “Trump ‘birthright’ Accounts” went into effect in Hungary in
2005.
We expect this
element among those of several other ‘trends toward Equitism’ to continue, and to accelerate.
For more
information regarding these
Seldonian insights, and to read and/or download, free
of charge, PDFs and/or JPGs of Foundation books, other texts, and images, please see:
For partially pictographical, ‘poster-ized’ visualizations of many of these Seldonian insights -- specimens of ‘dialectical art’ – as well as dialectically-illustrated books
published by
the F.E.D. Press, see –
https://www.etsy.com/shop/DialecticsMATH
¡ENJOY!
Regards,
Miguel
Detonacciones,
Voting Member, Foundation Encyclopedia Dialectica [F.E.D.];
Elected Member, F.E.D. General Council;
Participant, F.E.D. Special Council for Public Liaison;
Officer, F.E.D. Office of Public Liaison.
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SOLUTION –
‘Equitist Political-ECONOMIC
DEMOCRACY’;
BOOK:
MARX’S MISSING BLUEPRINTS
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