X @Elon Musk
Elon Muskยท2025-12-18 16:14

RT Mario Nawfal (@MarioNawfal)๐Ÿ‡บ๐Ÿ‡ธ $14 TRILLION NGO EMPIRE: TAX EXEMPT, VOTER PROOFAn essay citing Federal Reserve Financial Accounts says U.S. NGOs held $14.12 trillion in assets as of Q2 2025, which is bigger than the combined 2025 GDP of Japan, Germany, and India by roughly 5%.If your brain just tried to file โ€œNGOโ€ under soup kitchens and service dogs, congratulations, you have the same mental model the tax code is still using.The point is not that charity is bad, because plenty of nonprofits do real, dire ...