This thread over four years could get a few posts. Here’s a gem.“Baby Bonds.”First proposed in NJ by their governor last year, $1000 gets deposited per child. Families making less than 133k per year qualifies.$1000Bond rate at 1.35%$1,270 after 18 years.Yes, great idea, because there should be financial inducements to have children. Especially if you are poor, as having children is inexpensive.80 million dollars a year cost to the NJ budget.Original article below, and heard on the Marketplace podcast last night. https://www.msn.com/en-us/news/politics/nj-governor-proposes-dollar1000-baby-bond-for-children-to-close-wealth-gap/ar-BB18oBRG for this gem to go nationwide.
8trackdisco wrote:
Yes, great idea, because there should be financial inducements to have children. Especially if you are poor, as having children is inexpensive.
Wrong forum noob. 🌫 Somebody hadda say it...
MACS wrote:
We literally already have this on a federal level... it's a tax rebate, it's usually $2k/ child, and anyone dumb enough to think this entices people into having more kids should have a hole drilled in their head to drain the stupid...
opelmanta1900 wrote:
I have a belly button.
teedubbya wrote:
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