The 401Kids Savings Act would create savings accounts for newborns. While state child savings accounts have shown promise, inflation and taxes prompt concerns.
This is like healthcare, which every other nation has mostly solved, but the Americans bend over backwards to find the most byzantine “solutions “ for just to avoid taxing the rich and/or implementing a functioning welfare state.
The latest hysterical example was importing drugs from Canadian pharmacies because apparently buying from a (barely) socialist country is okay, but basic bargaining is somehow immoral.
No kidding.
This is like healthcare, which every other nation has mostly solved, but the Americans bend over backwards to find the most byzantine “solutions “ for just to avoid taxing the rich and/or implementing a functioning welfare state.
The latest hysterical example was importing drugs from Canadian pharmacies because apparently buying from a (barely) socialist country is okay, but basic bargaining is somehow immoral.
Don’t forget that paying taxes to help others while they don’t necessarily benefit from it horrify most of them