Trump’s ‘Baby Bonus’ Idea Is Just Good Ol’ Hungarian Tax Policy

At the Conservative Political Action Conference in March, former President Donald Trump appeared to be informed via his teleprompter of a new plank in his platform: “We will support baby boomers and we will support baby bonuses for a new baby boom, how does that sound? That sounds pretty good.”

Perhaps this would occur through a refundable tax credit for people who can prove they’re pregnant—or maybe it would be through some sort of child tax credit expansion. The most common way governments provide financial assistance or procreation incentives is through tax credits, so one can assume this nascent policy ...