I’ve had a few issues too hopefully you can get a reply or @SymoneBeez or @thejobbiebot look into application indexing. Repeated problem have unused apps that aren’t being queued and jobs aren’t being retuned
If your kid depends on FAFSA this Trump accounts will destroy them .
🚨🚨🚨
The government is giving a child $1,000 in "free money" but by placing it in an asset account in the child's name, they are disqualifying that child from thousands of dollars in Pell Grants and subsidized loans over their college career
($200/yr x 4 years = $800 lost immediately, plus more if the balance grows).
The "free money" is effectively clawed back by the financial aid system. The Treasury gives with one hand and the Department of Education takes with the other. This ensures poor families remain indebted to the system rather than receiving outright support
🚨🚨🚨🚨
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THE WAGE REPLACEMENT SCHEME (THE CORPORATE TAX DODGE)⚠️⚠️⚠️⚠️🏦🏦
Another anomaly Employers can contribute up to $2,500 per year to these accounts, and these contributions are "not considered income to the employee or the dependent." The Treasury promotes this as a "tax-preferred benefit" for small businesses.⚠️⚠️⚠️
So If an employer puts $2,500 into a Trump Account instead of giving the employee a $2,500 raise, who wins? 👀
The employee gets locked liquidity (can't touch it for 18 years), but the employer gets a tax deduction.
This incentivizes corporations to replace liquid wage increases with locked equity contributions. An employer can tell a worker, "I can't afford a $2,500 raise," and instead give them $2,500 in a Trump Account. 🚨🚨🚨
The employee thinks they got a bonus, but they actually got nothing they can use to pay rent or buy groceries today. This suppresses real wage growth by funneling compensation into illiquid government accounts that the worker cannot access, while the employer maximizes tax benefits.🚨🚨🚨🚨
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THE NEGATIVE TAX ARBITRAGE (THE POOR MAN'S PENALTY)🚨🚨🚨
Another Anomaly: it says Contributing to a Trump Account is done with after-tax dollars (no deduction), but withdrawals are taxed as ordinary income upon distribution.⚠️
This is the opposite of a Roth IRA (where you pay tax now, but withdraw tax-free). In this system, you pay tax now, and you pay tax later.⚠️
This structure is predatory for low-income families who are currently in a low tax bracket. If a family in the 10% or 12% tax bracket contributes today, and the child withdraws the money at age 35 when they are in the 22% or 24% tax bracket, the family has voluntarily entered a higher tax liability. This structure guarantees the IRS collects more revenue decades from now than they would under a normal savings account or Roth structure.
The "benefit" of tax-deferred growth is wiped out by the penalty of higher taxes at withdrawal.⚠️⚠️⚠️
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All these Trump accounts do is 🚨🚨 Loop:
The Government (Treasury) forces money in -> Robinhood/BNY manages it -> The money buys stocks/companies -> BlackRock/Goldman/etc. run those companies/assets -> The stocks go up due to forced demand -> The companies match employee contributions (tax write-off) -> More money in -> Stocks go up more.
It's a circular enrichment scheme for the financial sector.🚨🚨🚨STOLEN from US TAX PAYERS 🚨🚨🚨
@RepThomasMassie
I got rejected by 30–40 medical schools.
Two weeks later, my entire life changed.
One of the greatest lessons my wife and I have learned over nearly 20 years of marriage is this:
Don’t run away from hard. Run toward it.
#fyp#explore#inspiration
Genius. He’s making $100k a day in creator fees (Solana) from people creating coins on his behalf
This can be the airdrop which can only add to $Ansem buy pressure and zero sell pressure
This has NEVER happened with a coin before because no one has ever had the influence that Ansem has
Billions
You got to be really careful around someone who has intellectual horsepower like this, but is capable of playing dumb most of the time.
Sociopath archetype