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'Trump accounts' benefit the wealthy far more than ordinary Americans
🏛️ Politics

'Trump accounts' benefit the wealthy far more than ordinary Americans

"Trump accounts" — special investment accounts promoted by the administration — offer meaningful benefits mainly to wealthy Americans who can fully exploit the associated tax advantages. For most low- and middle-income earners, the gains are negligible because they lack the funds to invest. Critics argue the scheme widens rather than narrows wealth inequality in the United States.

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