It's clear 99% of the public has no idea what's really going on here. Entire "donation" + more is written off to avoid taxes
Bradley Gerstner setup the investment, pumping it back into the S&P $DELL & encouraging parents to invest more at the top of the largest bubble we've seen pic.twitter.com/7gHUkgxYJU
— Financelot (@FinanceLancelot) December 10, 2025
“Today, President Donald J. Trump joined top lawmakers and philanthropists Michael and Susan Dell to celebrate an extraordinary milestone for Trump Accounts: a historic $6.25 billion charitable commitment from the Dells. Trump Accounts are a new, historic savings tool made possible by President Trump’s landmark Working Families Tax Cuts Act.
This landmark gift — one of the largest direct investments ever made in American families — will dramatically accelerate President Trump’s initiative to give every newborn child a head start toward lifelong financial security and the American Dream.”
IRC §170 — Charitable Contributions Deduction
- This section governs deductions for contributions to qualifying organizations, including the U.S. federal government for public purposes.
- Donations to the federal government are treated as charitable gifts, meaning they can be deducted against income tax.
- For individuals, deductions are generally capped at a percentage of adjusted gross income (AGI), but large gifts to government entities often qualify for higher immediate deductibility.
- IRS Publication 526 explains this in detail: contributions “to the United States or any state for exclusively public purposes” are deductible