NEW YORK, May 9 -- The Manhattan Institute issued the following excerpts of a commentary on May 8, 2026, by senior fellow Allison Schrager to Bloomberg Opinion:

* * *

Trump Accounts Are a New Way to Redistribute Wealth

Economists may disagree about how important the issue of wealth inequality is, but politicians don't.

With a majority of Americans saying the gap between rich and poor is a very big problem, punitive wealth taxes are gaining . . .

Click here for more information about our products