We have been discussing the elimination of the Federal Income Tax on the board for several years. If you look deep enough, you see pieces of that plan stirring together to become reality. Eliminating the current tax system is a must! It feeds the Cabal by taxing Americans on a mountain of national debt.
Getting back to the points I made in the title. I truly looked for the new TV ad but I couldn't find it online. Here is Politifact saying she made this claim during her acceptance speech.
"Former President Donald Trump "intends to enact what, in effect, is a national sales tax ... that would raise prices on middle-class families by almost $4,000 a year"
Here is a liberal site confirming the quote.
Former President Trump Proposes an Up to $3,900 Tax Increase for a Typical Family
Last year my wife and I paid $22,000 in Federal income tax. If I get to keep $22,000 by paying $3900 in higher sales tax, I think that is a good deal. This is how Trump can promise a skyrocketing recovery after he returns to office.
Trump Drops Bombshell Proposal: Allegedly Suggests Eliminating Income Tax in Favor of High Import Tariffs During DC Republicans Meeting
Elon: I can’t wait. There is a lot of waste and needless regulation in government that needs to go. Trump is reportedly eyeing a plan to involve prominent business executives, including Elon, in auditing federal agencies to identify programs to cut.
https://greatawakening.win/p/1994fdoOVE/elon--i-cant-wait-there-is-a-lot/c/
Lin Wood: No Taxes!!!
https://greatawakening.win/p/1994kH5Yro/no-taxes/c/
Jan 2023: Republicans to Vote on a Bill that Would Abolish the IRS, Eliminate Income Tax
Ron Paul: By the way, when I say cut taxes, I don’t mean fiddle with the code. I mean abolish the income tax and the IRS, and replace them with nothing.
https://greatawakening.win/p/16a9gxARxX/abolish-income-tax-and-the-irs/c/
U.S. Congressman Introduces Gold Standard Bill as Inflation Spirals Out of Control
Lying by Omission is Still Lying. That Is the MO. of ALL Liberal/communists and MSM.
As someone who has tax free income, I will be theoretically paying more, but I appreciate that everyone else will get a better deal. I also pray we start selling oil or start making money in general so taxes will be less needed overall.
You will also have some choice of how much tax you pay.
Also goodbye most of H&R Block and parasite tax companies
Never thought of that, we won't have to file our taxes each year as well. That will save me $200/year :)
The important part about eliminating the income tax isn't just the tax itself, but the incredible drain on productive resources that is required to maintain compliance. Think how many industries have warped valuations due to taxes. Real estate, commercial real estate in particular, will be radically revalued without the artificial tax advantages it enjoys today. Not to mention removing an entire accounting and legal industry built up around it. All of that capital can redeployed to constructive areas of the economy.
If you have to deform an industry with taxes, warping overseas imports in favor of domestic production is the absolute best place for that to occur. It promotes resiliency over efficiency, which is a good thing for any country. And no, I don't feel the slightest bit sorry for the wealthy elite who are going to have to readjust to a more equitable tax structure.
u/#q2450
This sounds like it will be a great delta after Trump wins.
As long as the national sales tax is directly and irrevocably tied to the permanent elimination of the income tax, via constitutional amendment,
... sign me up.
PS: The Q post has nothing to do with the my post, I just like it!!!
It's the little details they forget about.
So the difference between income tax and sales tax is that there is only one way to reduce income tax, and that is by reducing your income...not a good choice. The best way to limit your sales tax is by choosing to buy and consume less. You can also look for more competitively-priced items than luxury top-shelf items.
Now if the sales tax on food were eliminated (it's an essential purchase) then it sounds like a reasonable trade-off to me.
Or I should say there is no tax on gorceries.
For clarity's sake, do you mean there is no tax on groceries under Trump's plan? ....or do you mean currently? Because I pay sales tax on all groceries I buy, here in east Tennessee, USA. Occasionally, the State of Tennessee will announce a sales tax moratorium on sales of groceries, but it's always a temporary measure.
Please clarify what you mean by this statement.
I live in Michigan, there is no tax on groceries here. I thought that was nation wide. I guess I never looked into it.
I just looked it up. 11 states tax groceries, Tennessee is one of them.
https://www.kiplinger.com/taxes/states-that-still-tax-groceries
Correct; however, I still suspect that overall taxes in Tennessee are lower than the other states because we don't have as many regulations, fees, and costs that one finds in other states. A friend who just moved here from California was absolutely astonished that he was able to have a meal at a very good local Italian restaurant and only paid about $30 for his meal, drink and tip included. He told me that the same meal where he came from would have been more like $70 or more.
There is no tax on food.
YOU ONLY PAY A SALES TAX IF YOU BUY 💩