Michael and Susan Dell donate $6.25 billion to encourage families to claim 'Trump Accounts'

[dalton99a]

https://apnews.com/article/michael-dell-susan-trump-accounts-stock-market-poverty-inequality-7e2615d50a3fc0563109ed0eeb4c41e1

Michael and Susan Dell donate $6.25 billion to encourage families to claim ‘Trump Accounts’
By THALIA BEATY
Updated 9:16 AM CST, December 2, 2025

NEW YORK (AP) — Billionaires Michael and Susan Dell pledged $6.25 billion Tuesday to provide 25 million American children under 10 an incentive to claim the new investment accounts for children created as part of President Donald Trump’s tax and spending legislation.

The historic gift has little precedent, with few single charitable commitments in the past 25 years exceeding $1 billion, much less multiple billions. Announced on GivingTuesday, the Dells believe it’s the largest single private commitment made to U.S. children.

Its structure is also unusual. Essentially, it builds on the “ Trump Accounts " program, where the U.S. Department of the Treasury will deposit $1,000 into investment accounts set up by Treasury for American children born between Jan. 1, 2025 and Dec. 31, 2028. The Dells’ gift will use the “Trump Accounts” infrastructure to give $250 to each qualified child under 10.

“We believe that if every child can see a future worth saving for, this program will build something far greater than an account. It will build hope and opportunity and prosperity for generations to come,” said Michael Dell, the founder and CEO of Dell Technologies whose estimated net worth is $148 billion, according to Forbes.

...

[Diamond_Dog]

1. Does this super wealthy guy

think that if he starts a stock market account with a couple hundred dollars in it for families living in poverty who can barely afford the rent, they will be encouraged to add $ to it over the years? How can you spend money on the stock market when you are barely scraping by? Oh well …. like dismissive asshole Mitt Romney once said, borrow it from your parents.

Insanely wealthy guy has no clue how families in poverty have to live. Why doesn’t he invest his billions into hospitals, schools, libraries, vaccination programs, or things like that instead?

[lame54]

15. Because...

Those won't be considered Trump bribes
And will be harder for Trump to raid on his way out the door

[markodochartaigh]

2. The Libertarian way.

The oiligarchs make as much money as they can, any way that they can. Then, if they choose, they support whatever cause they choose, when they choose, and in whatever amount they choose.

And the hoi-polloi are supposed to be thankful for any crumbs that fall from the table after the oiligarchs have stolen the banquet.

[2naSalit]

3. Trojan Horse Alert!!

Think about it, this bears his name, therefore, at some point, he would claim all that $ as his. He could possibly decide that he can abscond with that money and even bankrupt the account holders and force them into servitude.

Any route that returns us to a system of open slavery is the objective 24/7 so always keep the negative aspects of anything that sounds good where if in the wrong hands would be really bad, because it IS in the wrong hands.

[Polly Hennessey]

4. Throwing peanuts to the peasants are we Susan and Michael.

Now you feel swell and a big, ‘look what we did.’ Personally, I would send mine back with a note telling them to pay their taxes. 🤑💸💸

[Silent Type]

5. Kind of hard to bash someone who gives a bunch of money that might make a small difference to some people in future.

But looks like this will be a bash thread.

[AZJonnie]

6. Because we know what they're actually up to, the intent of which is destroying Social Security

[BannonsLiver]

7. He's a fanatical Trump supporter, which makes him a piece of shit.

So there’s that angle too.

[Silent Type]

8. Yeah, but there is pleasure in taking money from a POS.

[bluesbassman]

9. Explain how you think this gesture will make any kind of meaningful difference?

I’d really like to understand your thinking on this.

[Silent Type]

10. In 65 years that $250 per person will accumulate to a decent amount for people, many of whom will have nothing

otherwise. Plus, it starts people on having something on their own. Maybe they'll save.

It's really that simple. I get we hate wealthy people, but I have no problem taking their money and using it for something good, even if it's only a small help.

If this were a Democratic program we'd be dancing in the streets, with good reason.

Were you screaming when Cory Booker and Ayanna Pressly proposed The American Opportunity Accounts Act (“Baby Bonds”)?

https://pressley.house.gov/wp-content/uploads/2023/02/Baby-Bonds-One-Pager-1.pdf

THE AMERICAN OPPORTUNITY ACCOUNTS ACT
Rep. Pressley and Senator Booker’s American Opportunity Accounts Act, or Baby bonds, is a race-conscious, universal bond and critical wealth building tool to help close the racial wealth gap and provide greater opportunity for all. Specifically, the legislation:

• Provides every child, as a birthright, an “American Opportunity Account” seeded with $1,000 that every year, depending on family income, would receive up to an additional $2000, while the account continues to accrue interest over time.

• Allows account holders to access funds beginning at age 18 for any eligible wealth building activities, including homeownership, paying for higher and continuing education, investing in a small business, and saving for retirement.

[ProfessorGAC]

11. Using Long Term Average Since 1975...

...that $250 turns into $120k.
So, your comment is fair.
If we include the $1,000 that I'd the basis of the whole idea it would be around $600k.

[bluesbassman]

12. What I have a problem with is that it's a backdoor way to defund SS.

Sure, MAYBE that money stays in the Wall Street administered account, and after all the fees associated with maintaining it does provide a small pile for the recipient. Far more likely though is that at some point in their lives these people will decide they can use the money sooner than later for things like food, rent, and medical bills, and then when they reach 65, or more likely 70 or 75 and that money is gone and Social Security doesn’t exist anymore, do you think Dell or any other billionaire is going to help them out?

[Silent Type]

14. Don't think so, but I understand the fear. Democrats proposed the same thing in 2019, with a bit more money. As far as

Dell, no wealthy person will stay wealthy if people aren't able to buy their computers, their food, their cars, their services, their movies, their media, etc.

[Cha]

13. Fuck Dell.. I know I will Never buy

a computer with that name on it.

Traitor Accounts you Stupid Appeaser.