The Unseen Consequences of Trump Accounts: Why Enrollment Matters More Than Stock Donations The controversy surrounding billionaire stock donations to Trump Accounts, a program aimed at providing investment opportunities for American children, has overshadowed the more pressing concern of enrollment.
An estimated 73 million eligible kids do not have an account, and it's time to refocus on this fundamental issue. The complexities surrounding stock donations are largely beside the point.
Millions of families, disproportionately low income households, are being excluded from this initiative due to a design flaw: the requirement for parents to actively opt in by filing a tax form or navigating a government website.