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News • 7 months ago

Wealth inequality starts at birth. Lawmakers debate whether child savings accounts can help, the 401Kids Savings Act

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Wealth inequality starts at birth. Lawmakers debate whether child savings accounts can help, the 401Kids Savings Act

@return2ozma to

News • 7 months ago

Wealth inequality starts at birth. Lawmakers debate whether child savings accounts can help

The 401Kids Savings Act would create savings accounts for newborns. While state child savings accounts have shown promise, inflation and taxes prompt concerns.

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@Noodle07
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1•7 months ago
Don’t forget that paying taxes to help others while they don’t necessarily benefit from it horrify most of them

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