The tweet directly challenges Sen. Elizabeth Warren's call for an ultra-millionaire wealth tax on Elon Musk to fund child care for all three- and four-year-olds in America. It highlights private foundations holding just over $1.86 trillion in wealth that disbursed roughly $110 billion in 2024, or 6 percent, barely above the 5 percent minimum required under IRC Section 4942. It notes American universities control an estimated $840-875 billion, with only 144 schools holding endowments of $1 billion or more that account for 86 percent of that total. Harvard's endowment stands at $57 billion, the largest by far. The post questions why Warren does not target this larger pool of untaxed multi-generational wealth instead. It references her original statement about Musk and urges taking the discussion further to include all major concentrations of wealth.
Funny how she's worried about other people's money. Get lost fake Indian go game the system somewhere else.
The tweet directly challenges Sen. Elizabeth Warren's call for an ultra-millionaire wealth tax on Elon Musk to fund child care for all three- and four-year-olds in America. It highlights private foundations holding just over $1.86 trillion in wealth that disbursed roughly $110 billion in 2024, or 6 percent, barely above the 5 percent minimum required under IRC Section 4942. It notes American universities control an estimated $840-875 billion, with only 144 schools holding endowments of $1 billion or more that account for 86 percent of that total. Harvard's endowment stands at $57 billion, the largest by far. The post questions why Warren does not target this larger pool of untaxed multi-generational wealth instead. It references her original statement about Musk and urges taking the discussion further to include all major concentrations of wealth.
SOURCE: https://x.com/maphumanintent/status/2067441809047884094 SOURCE (mirror): https://xcancel.com/maphumanintent/status/2067441809047884094