Possibly also the end of the Federal Reserve and FIAT currency. Our income tax pays the interest on money the Fed loans to the US to use in circulation.
Have you ever watched the classic Hitchcock movie, North by Northwest with Cary Grant and Eva Marie Saint? IYKYK.... but if you don't want to watch the whole thing, https://www.youtube.com/watch?v=VCP2_5Z8ETE
That is not the first time he has hinted at eliminating the income tax.
It would free up massive amounts of money, and the CB boot off the neck of the American people. The boost to industry would create jobs like we haven't had in many years, and American industry would become competitive with the imports since price of imports would have to go up, and US industry costs would go down.
I really believe this is one of Trump's goals. When he tells the American people 2025 is going to be glorious he isn't just bullshitting us.
Yes, something I've always dreamed about. These companies are paying an absolute fortune in payroll taxes from their employees labor. I couldn't believe it once I started reconciling payrolls. It's no wonder so many companies want to hire illegally.
As a small business owner I can state emphatically that the taxes I pay on my employees wages is pure theft. And then I have to pay workers comp taxes and unemployment taxes on their wages too. Costs me 40 dollars an hour to pay you 20 and then you get less than 15 an hour after you pay your taxes. And at the end of the game they take 50% of what you have worked all your life to save that the hospital system hasnt already sucked out of your wallet to scratch out a couple extra years of a life thats mostly miserable due to health. Its a fucking racket.
Get rid of the income tax and the property tax. In fact, let's do reparations for both. And let's turn the IRS building over to the Washington Redskins/Commanders.
The Danny is not amused. But fuck that guy! He was and always will be a dirtbag. I'd love to see this happen. And stop pretending that anyone calls them the commie/commandeers... Hail to the Redskins!
The JFK stadium site is the natural extension of the Mall the other direction. It is currently an abandoned wreck of a parking lot and a failed soccer stadium. Make JFK Great Again!
MSM would all be like- "Here are the top 5 reasons why eliminating income tax is bad for you:
• It would empower the white male, cis-gender patriarchy.
• it would be racist against China.
• The EU would not want to be our friend anymore.
• It would let Putin conquer Ukraine, Europe, and eventually the whole world.
• The rich would not pay their fair share. "
I am finishing reading "The LIfe of George Washington" by John Marshall and am very struck by similarities between Washington and Trump, and the strange correspondence between early US politics and the present day, with the same basic actors (constitutional federalists and francophile "republicans"). When Washington was in office and maintained a scrupulous neutrality in the contest between Great Britain and France, he was denounced and calumnied by the faction in the US that was enamored of the new French Republic and its out of control government. (It was also the faction that was agreeable to spending money, but not to obtaining revenue.)
You also see a stark similarity between modern America, Weimar Germany, and the rise of a powerfully magnetic political outsider, that promises to transform the Nation to something greater than ever before, are beloved by the people, are relentlessly lied about in media, and ultimately share the same enemy of international bankers.
Trump and this moment in history shares a LOT of similarities with multiple points in the past. Which should only go to show what an important point in time we’re living in.
If you're paying 50% income tax you either need a better accountant or you need to get out of NY/NJ/CA/IL. I think the highest Federal rate is 34% unless Biden had it changed.
Now - if you live in CA and can make a living winning Lotto jackpots you won't pay CA taxes on that so you would be at 34%. Let that sink in - CA doesn't tax lottery jackpots. Makes me wonder if that is because they cheat on that.
Further, people were citizens of their state of the Union without being citizens of the United States (people that the IRS has authority to tax).
In the Brushaber case that resulted in Treasury Decision 2313 on the taxation of non-resident aliens, documents show that Brushaber, who claimed to be a citizen of New York, was born in New York. He was taxed on an investment in Union Pacific Railroad in Utah, and he objected to this. It turns out UP was chartered by Congress, and therefore a federal source of profit for Brushaber.
No idea, but does that mean the President can just eliminate it without support from Congress?
I'm not arguing that it shouldn't be done, but I don't think it's as easy as just saying he's going to eliminate it and POOF!, it's gone.
If it was that easy, he would have done it during his first term, right? Especially during the first two years when Republicans controlled the White House, Senate, and the House.
Or one of the other Presidents who promised the same thing (I'm pretty sure Reagan was one) would have done so.
And if he needs approval from Congress to do it, that means they would he de-funding themselves, because their salaries are paid from money brought in by income tax. I just don't see that happening.
I'm not trying to be a killjoy, but I just don't see what good can come out of this type of thing. I think it just sets people up for a lot of anger and dissapointment down the road when it never happens.
Yes, it's nice to think about, and dream what could happen, but it's not at all realistic. At least, not from anything I've read about it. From my understanding, the President can't just eliminate income taxes, or the IRS, by himself.
So if anyone can give me any sort of specifics on how it can legally be accomplished, I'd be grateful.
The suggestion is not that he does this himself. The suggestion is that he will lead congress as the President and work to achieve that goal.
The mere fact that he could suggest this and discuss it with the people he did implies that there is a LOT more underway than we know about.
If we think that DJT is just going to get in again as President and the Swamp and Establishment will continue as before, we're not really thinking along the Q lines or the Great Awakening.
If one looks beyond the surface level, then there are oodles of things that have transpired over the last 4 years that indicate the plan is well underway and that the shift will soon reach surface levels.
States can do a Constitutional Convention with two thirds of the states ratifying it, or CONgress can do amendments - but they still need 2/3 of both houses of CONgress to vote for it. We couldn't get those numbers to vote for a post office to be named after Trump.
hope he will do it by exposing the fraud of the IRS and its history of destroying America ____ Bill Cooper and Dan Meador research docs at SupremeLaw.org: http://supremelaw.org/authors/cooper/index.htm
we the people could do that if enough people were brave enough. you aren't breaking a law by not filing or paying, because there is no law passed stating income tax must be paid.
people have played along all this time, all on their own.
ignorance & out of fear.
the fiat is printed out of thin air, you get charged interest & then you turn around & "pay" back that interest on a fiat "currency". then, people get "returns", which adds more interest that they think is owed, because they have to charge interest on that fiat. its a revolving door of madness, just as the creators of the system intended.
I'll be pissed off because I've got about a million dollars saved for retirement that I've paid several hundred thousand dollars in income tax to earn and if this happens I'm going to have to pay tariffs or buy higher cost domestic goods, effectively double taxing me? I'm all in favor of killing the income tax, but for the sake of fairness do it in a way that doesn't royally fuck over retired people and folks that saved a lot.
I'm in the same financial situation as you at this time. Right now, up to 85% of Social Security can be taxed as income and is called a financial torpedo for a reason. This would no longer be the case in this scenario.
Currently if your money was invested pre-tax (IRA, 401K, 403b), you would pay tax on it as income when taking it out for retirement. Under this tariff plan, you should not be taxed on it as income. If you have money in a Roth plan, all your gains in investments were already sheltered from income taxes while in the fund.
So in theory, we should be in a good position by having more money available to spend on potential higher priced items. Having more money also means you can invest, rather than spend to make even more money.
I just hope they don't try to attach some kind of retroactive capital gains tax to those investments.
Eliminating the income tax will also mean eliminating the Gestapo IRS.
We will need another independence day holiday.
Possibly also the end of the Federal Reserve and FIAT currency. Our income tax pays the interest on money the Fed loans to the US to use in circulation.
I will get my chisel and rope seat and start working ASAP.
I’ll bring lemonade and cookies.
I'll bring the BBQ!
Teamwork!
Yes!
I’ll bring Miller Light
Are we doing this? I mean sounds like we are!
Would be an awesome place for our GAW Reunion! Oh, the symbolism!
save some space on the grill, Imma make my jerky-flavored burgers and also all the covfefe anybody could want.
Oh YUM!
I will come and cheer you on. I hate heights.
I will accept that!
I've visited Mt Rushmore. Just standing on the observation post my knees were shaking.
Have you ever watched the classic Hitchcock movie, North by Northwest with Cary Grant and Eva Marie Saint? IYKYK.... but if you don't want to watch the whole thing, https://www.youtube.com/watch?v=VCP2_5Z8ETE
A Classic! We just watched it on the YUGE screen at our local cinema for the 65th anniversary of it's release as part of a Fathom Event. Wonderful!
Lol
I'm half Indian and I'll help you.
(For those who don't know a lot of natives think Rushmore is an abomination.)
That is not the first time he has hinted at eliminating the income tax.
It would free up massive amounts of money, and the CB boot off the neck of the American people. The boost to industry would create jobs like we haven't had in many years, and American industry would become competitive with the imports since price of imports would have to go up, and US industry costs would go down.
I really believe this is one of Trump's goals. When he tells the American people 2025 is going to be glorious he isn't just bullshitting us.
Yes, something I've always dreamed about. These companies are paying an absolute fortune in payroll taxes from their employees labor. I couldn't believe it once I started reconciling payrolls. It's no wonder so many companies want to hire illegally.
As a small business owner I can state emphatically that the taxes I pay on my employees wages is pure theft. And then I have to pay workers comp taxes and unemployment taxes on their wages too. Costs me 40 dollars an hour to pay you 20 and then you get less than 15 an hour after you pay your taxes. And at the end of the game they take 50% of what you have worked all your life to save that the hospital system hasnt already sucked out of your wallet to scratch out a couple extra years of a life thats mostly miserable due to health. Its a fucking racket.
Same. Own my own business, ironically tax preparation. I hope he abolishes the income tax.
And, I just wrote up a long email about large companies legally skirting paying FICA / Medicare on their employees.
We little people pay through the nose, but the big companies are using loopholes. So infuriating!
^ THIS from LongTimeListener above!
We should not pay taxes on wages as they are not profit. They are an exchange of labor for money.
they are taxing one's labor.
I had to buy new tires today. The government felt entitled to $70 for my bad luck
They take our money in every possible way one can think of.
Has anyone ever calculated how many times we are taxed on the same dollar??? I know it's a lot!
Get rid of the income tax and the property tax. In fact, let's do reparations for both. And let's turn the IRS building over to the Washington Redskins/Commanders.
Redskins
The Danny is not amused. But fuck that guy! He was and always will be a dirtbag. I'd love to see this happen. And stop pretending that anyone calls them the commie/commandeers... Hail to the Redskins!
The JFK stadium site is the natural extension of the Mall the other direction. It is currently an abandoned wreck of a parking lot and a failed soccer stadium. Make JFK Great Again!
Can you imagine the reeeeeing if he gets serious about that idea, lol.
MSM would all be like- "Here are the top 5 reasons why eliminating income tax is bad for you:
• It would empower the white male, cis-gender patriarchy.
• it would be racist against China.
• The EU would not want to be our friend anymore.
• It would let Putin conquer Ukraine, Europe, and eventually the whole world.
• The rich would not pay their fair share. "
No free shit for you lazy fucks.
Hahaha!
Meanwhile, they'd have one less weapon to target folks with.
I do recall him saying either in 2019 or 2020 that if reelected he would work towards eliminating Federal Income Tax
I am finishing reading "The LIfe of George Washington" by John Marshall and am very struck by similarities between Washington and Trump, and the strange correspondence between early US politics and the present day, with the same basic actors (constitutional federalists and francophile "republicans"). When Washington was in office and maintained a scrupulous neutrality in the contest between Great Britain and France, he was denounced and calumnied by the faction in the US that was enamored of the new French Republic and its out of control government. (It was also the faction that was agreeable to spending money, but not to obtaining revenue.)
excellent history comparison: Thomas Paine, Thomas Jefferson, Joel Barlow: Advice to the Privileged Orders (https://quod.lib.umich.edu/cgi/t/text/text-idx?c=evans;idno=N22719.0001.001), Columbian Order of the Bavarian Illuminati (whether an actual organization or not), and Aaron Burr
You also see a stark similarity between modern America, Weimar Germany, and the rise of a powerfully magnetic political outsider, that promises to transform the Nation to something greater than ever before, are beloved by the people, are relentlessly lied about in media, and ultimately share the same enemy of international bankers.
Trump and this moment in history shares a LOT of similarities with multiple points in the past. Which should only go to show what an important point in time we’re living in.
Oh hell yes!!! Just like pre-1913!
Imagine making twice what you make now.
If you're paying 50% income tax you either need a better accountant or you need to get out of NY/NJ/CA/IL. I think the highest Federal rate is 34% unless Biden had it changed.
Now - if you live in CA and can make a living winning Lotto jackpots you won't pay CA taxes on that so you would be at 34%. Let that sink in - CA doesn't tax lottery jackpots. Makes me wonder if that is because they cheat on that.
If that won’t get manufacturing back into the US, nothing will...
Drain the Federal Reserve (NWO bank) dry! Down to the last fake dollar!
Tariffs used to be how we did shit before the Fed Reserve Act.
End the Fed, too!
This is how the nation was funded before 1913.
Further, people were citizens of their state of the Union without being citizens of the United States (people that the IRS has authority to tax).
In the Brushaber case that resulted in Treasury Decision 2313 on the taxation of non-resident aliens, documents show that Brushaber, who claimed to be a citizen of New York, was born in New York. He was taxed on an investment in Union Pacific Railroad in Utah, and he objected to this. It turns out UP was chartered by Congress, and therefore a federal source of profit for Brushaber.
Cant wait!!! Talk about a boom for our economy!!!
https://x.com/DC_Draino/status/1801326417147314476
Always have thought if this country were run properly we’d all get dividend checks instead of paying taxes.
If this was a business….
How would he be able to do that, legally speaking?
Was it legal to begin with?
No idea, but does that mean the President can just eliminate it without support from Congress?
I'm not arguing that it shouldn't be done, but I don't think it's as easy as just saying he's going to eliminate it and POOF!, it's gone.
If it was that easy, he would have done it during his first term, right? Especially during the first two years when Republicans controlled the White House, Senate, and the House. Or one of the other Presidents who promised the same thing (I'm pretty sure Reagan was one) would have done so.
And if he needs approval from Congress to do it, that means they would he de-funding themselves, because their salaries are paid from money brought in by income tax. I just don't see that happening.
I'm not trying to be a killjoy, but I just don't see what good can come out of this type of thing. I think it just sets people up for a lot of anger and dissapointment down the road when it never happens.
Yes, it's nice to think about, and dream what could happen, but it's not at all realistic. At least, not from anything I've read about it. From my understanding, the President can't just eliminate income taxes, or the IRS, by himself.
So if anyone can give me any sort of specifics on how it can legally be accomplished, I'd be grateful.
The suggestion is not that he does this himself. The suggestion is that he will lead congress as the President and work to achieve that goal.
The mere fact that he could suggest this and discuss it with the people he did implies that there is a LOT more underway than we know about.
If we think that DJT is just going to get in again as President and the Swamp and Establishment will continue as before, we're not really thinking along the Q lines or the Great Awakening.
If one looks beyond the surface level, then there are oodles of things that have transpired over the last 4 years that indicate the plan is well underway and that the shift will soon reach surface levels.
Quick question: Which came first? The U.S. Congress; Federal income tax?
Amend the 16th amendment
Can a president make amendments to the Constitution without Congress?
States can do a Constitutional Convention with two thirds of the states ratifying it, or CONgress can do amendments - but they still need 2/3 of both houses of CONgress to vote for it. We couldn't get those numbers to vote for a post office to be named after Trump.
No
Who said he could? Every movement needs a leader
Just think of all the money that is tied up in 401K accounts, with a portion of that being freed up to go into the economy.
is this an incentive for them to push tariffs though
Yea, verily...FUCK YES. Let it be so.
I'm on my way too...
you and me both
He will get on there, just a matter of time
hope he will do it by exposing the fraud of the IRS and its history of destroying America ____ Bill Cooper and Dan Meador research docs at SupremeLaw.org: http://supremelaw.org/authors/cooper/index.htm
You can already sorta see the haIr....
He should be the face of the sphinx
Just use 1 more year worth of taxes to build his own mountain next to it lol
The Best mountain, believe me, a fantastic mountain.
...somebody be sure to point me to the crowdfunder to build mount trumpmore, and I'll kick in a few bones
we the people could do that if enough people were brave enough. you aren't breaking a law by not filing or paying, because there is no law passed stating income tax must be paid.
people have played along all this time, all on their own.
ignorance & out of fear.
the fiat is printed out of thin air, you get charged interest & then you turn around & "pay" back that interest on a fiat "currency". then, people get "returns", which adds more interest that they think is owed, because they have to charge interest on that fiat. its a revolving door of madness, just as the creators of the system intended.
Can we peaceably dismantle the much machine of the USA Federal government? I sure hope so.
If you eliminate it, why do you need to "replace" it? The FEDS have too much money, the income tax doesn't need to be "replaced".
Ww3 required But with truth
And my axe!
I'll be pissed off because I've got about a million dollars saved for retirement that I've paid several hundred thousand dollars in income tax to earn and if this happens I'm going to have to pay tariffs or buy higher cost domestic goods, effectively double taxing me? I'm all in favor of killing the income tax, but for the sake of fairness do it in a way that doesn't royally fuck over retired people and folks that saved a lot.
I'm in the same financial situation as you at this time. Right now, up to 85% of Social Security can be taxed as income and is called a financial torpedo for a reason. This would no longer be the case in this scenario.
Currently if your money was invested pre-tax (IRA, 401K, 403b), you would pay tax on it as income when taking it out for retirement. Under this tariff plan, you should not be taxed on it as income. If you have money in a Roth plan, all your gains in investments were already sheltered from income taxes while in the fund.
So in theory, we should be in a good position by having more money available to spend on potential higher priced items. Having more money also means you can invest, rather than spend to make even more money.
I just hope they don't try to attach some kind of retroactive capital gains tax to those investments.
what a killjoy