With Black, Native American, and Latinx children representing nearly three-quarters of children in poverty as of 2019, scholars and policy pundits are simultaneously touting the expanded child tax credit as a policy of racial equity. Without direct policies to address segregation, racism, and white supremacy, Black parents may continue to be excluded from the financial, labor, and real estate markets; many Latinx parents will continue to fear engaging with government and public systems; and racial segregation in housing and neighborhoods will likely continue to contribute to uneven and lower quality investments in Black and Brown children’s education.