$1,000 ‘MAGA’ accounts won’t actually make most American kids richer, experts say

So-called MAGA accounts would do little to provide immediate financial relief to families and could worsen wealth inequality, researchers and family advocates said. They favored enhancing the child tax credit.

May 13, 2025 - 19:45
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$1,000 ‘MAGA’ accounts won’t actually make most American kids richer, experts say
So-called MAGA accounts would do little to provide immediate financial relief to families and could worsen wealth inequality, researchers and family advocates said. They favored enhancing the child tax credit.

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