US media: 'Trump account' may allow wealthy individuals to donate stocks directly Odaily Planet Daily News: According to The New York Times, officials from the White House and the US Treasury Department have started internal discussions on expanding the investable scope of the "Trump account" (officially known as the 530A account). The current discussion includes allowing the world's wealthiest individuals to donate their company stocks. Currently, Trump's account only allows cash investments in diversified index funds and does not allow stock donations. This idea aims to utilize the unrealized wealth of wealthy individuals such as Musk or Huang Renxun. If the relevant rules are modified, Musk will be able to directly donate Tesla or SpaceX stocks, and Huang Renxun can donate Nvidia stocks. Compared to index funds with slow and stable returns, children will be able to hold long-term exposure to high growth large tech stocks and are expected to earn huge returns. Donators can transfer high priced stocks worth billions of dollars without triggering capital gains tax, while receiving full tax deductions for charitable donations based on the fair market value of the stocks, further reducing the tax burden. However, this idea has sparked controversy within the Ministry of Finance. Restricting Trump's account to diversified index funds was originally intended to protect children from the impact of market volatility. To modify the current rules, it is necessary to revise relevant regulations, which may require legislation. (Golden Ten)