Most of have expected this. Many folks daren't even think about this. Trump hints that there is a way to abolishing the income taxes!
(twitter.com)
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As soon as he did NO TAX ON TIPS and then NO TAX ON OVERTIME, I said "He's slowly building up to NO TAX ON INCOME." Then he did NO TAX ON SOCIAL SECURITY BENEFITS and I knew it was only a matter of time.
The thing most people are not focused on is the replacement SALES TAX RATE. It doesn't need to be and can't be 15%, 20%, 27% or anything stupid like that. Something like 1-5% is all the fedgov should need, or it's gottentoo damn big and needs re-shrinking.
You do NOT want a national sales tax.
That would be the WORST idea.
You would first need a constitutional amendment to allow it, and then it would be ADDED TO all the other taxes, and NOT REPLACE them.
Even if we had a few years where it would replace, other politicians would just add it back later.
Switching to tariffs would work. But forget the national sales tax.
You are DREAMING.
Government doesn't work like that. In 1913, the income tax was 1% to 6% max.
How did that work out? Went to 90+% for decades.
First of all, dreaming is a GOOD thing, not a bad thing.
Why can't we return to a time when there was no income tax? We can, if enough Americans accept that it can be real and then demand it.
Second, the assertion that the creation of the national sales tax could not occur simultaneously with the permanent repeal of the income tax, in one or two simultaneous amendments, is unprovable.
Also the mere statement that politicians would add the federal income tax later doesn't make it necessarily factual. We can prevent it by using language similar to "Congress shall pass no law creating a federal income tax."
Think in terms of possibility. Dare to dream, patriot.
Agreed on the sales tax rate. With the inflated prices it should not be more than 5 percent. The fed doesn't deserve more than the tithe God established.
10% would be WAAAYYYY too much.
Not to communists.
To them, 10% is WAAAYYYY too little.
Yes. And they are the ones who are wrong about this.
In Pugetopolis, paying 10-15% combined state, county, city, and other local sales tax is common.
Your pay is labor capital not income. Labor capital is untaxable via 4th/5th Amendments as “individual property”. IRS intentionally misclassifies (fraud) via employer (compelled fraud). Correct your W-2 with IRS Form 4852 (Box 1 is correctly $0) and file 1040-X to get 100% of payroll tax back: Template here: https://greatawakening.win/p/16aA4T1R4C/success-constitutional-action-ag/c/
Get your request in to IRS as soon as possible to get in the queue. They are slow-walking refund checks 12-18 months and may have liquidity issues.
Additional related links: https://greatawakening.win/p/1995LofUBM/repost1-greatest-digslinks-compi/
Correct. Pay given for labor is not "income"; you traded a piece of your life and physical body for that money. It was an even exchange; you didn't "make" any money. You had to trade something away for it. Yet they stole (confiscated) money from you.
In this way the American people are deliberately forced to drown perpetually in debt and to live a life of lack.
Capital gains are different. You invest some sweat equity, true; but then you can do nothing; yet you can make much more money than you had invested. This is wealth creation.
Capital gains are just an exchange, as well.
You buy a house and sell it at a higher price due to the inflation caused by the devaluation of the US dollar by the Federal Reserve money printing.
The house is the same. No wealth creation.
You nailed it. Artificial "price increase" via fiat printing creates the impetus for a "higher assessement" [property taxes and other fake "capital gains" taxes] in order to eventually take all your actual accumulated wealth/cash via continually higher and higher taxes with no actual increase in the actual value or utility of the underlying asset. This is why "money lenders" have been deported and banned from 171 countries in the last 1000 years for usury, theft, and oppression. I won't say the name because many are pretending and don't really worship God.
Your example of a house appreciating due to inflation and dollar devaluation is so completely different from, say, that of public companies increasing in value for stockholders because of making and selling products that improve people's lives as to constitute a different topic.
Still we agree that "the house is the same" is a true statement. ;)
Step 1: separate properly “labor capital” from actual income. Get all payroll taxes back.
Step 2: challenge jurisdiction of IRS “income collection” within sovereign state. They have none, AND it is specifically prohibited by “no direct taxation” clause of Constitution. IRS as representative of Fed gov’t can collect taxes only from sovereign states directly, except excise tax for occupations on excise tax list and from work performed on Federal Lands. (Most occupations not on list)
Step 3: opt out of all Federal programs including IRAs, 401ks, and Social Security (after full refund requested & collected). Participation in program is voluntary consent to taxation, i.e. “Terms of Service” include you agreeing to pay taxes, even if illegal and Unconstitutional.
Haha yeah, Anons already knew.