Trump's One, Big, Beautiful Bill Establishes a "MAGA" Savings Account
The Trump administration released its initial tax bill -- known as The One, Big, Beautiful Bill -- and it contains several proposals that have been widely expected. For example, it proposes an increase in the Child Tax Credit and extending the tax cuts passed during the first Trump administration.In addition, the bill includes the proposed creation of "MAGA accounts" that could help put babies born as U.S. citizens on the right financial track.Image source: Getty Images.Continue reading
The Trump administration released its initial tax bill -- known as The One, Big, Beautiful Bill -- and it contains several proposals that have been widely expected. For example, it proposes an increase in the Child Tax Credit and extending the tax cuts passed during the first Trump administration.
In addition, the bill includes the proposed creation of "MAGA accounts" that could help put babies born as U.S. citizens on the right financial track.
Image source: Getty Images.
