I don’t know the policies that Trump will use to create this fund, but that point is almost irrelevant but noted. Whatever means is used to create the fund, at some point if run well the income from the fund will supersede the funds used to create the thing initially. So, even if Trump borrows a trillion dollars to set it up, at some point the revenue from the fund will exceed a trillion dollars and the money can be paid back.
I do appreciate your point, just because excess taxation is prone to being abused by the state. Imo, a state fund should be only a function of the state and not the federal governemnt.
“So, even if Trump borrows a trillion dollars to set it up, at some point the revenue from the fund will exceed a trillion dollars and the money can be paid back.”
STEP 1: Borrow money
STEP 2: ????
STEP 3: Profit