Trump tax plans could exempt 93 million Americans from income taxes
Former President Donald Trump’s tax reform ideas could offer total or partial income tax exemptions to roughly 93.2 million Americans, a meaningful chunk of the U.S. electorate, according to CNBC’s analysis of several estimates.
As part of his economic pitch to voters, Trump has floated a sweeping tax overhaul, including a slate of income tax breaks.
So far, the Republican presidential nominee has officially proposed eliminating income tax on tips and Social Security benefits, along with overtime pay. And last week, in an interview on the sports media site OutKick, Trump said he would consider tax exemptions for firefighters, police officers, military personnel and veterans.
Published Mon, Oct 21 2024 2:27 PM EDT
https://www.cnbc.com/2024/10/12/trumps-tax-cuts-expire-after-2025.html
Oct 21, 2024, 8:01 PM
The only way this works is IF, and in the current DC climate that's a very big IF, we go back to import/export tariffs with a precious metals backed currency funding the U.S. and State level govts. I could be mistaken, but I doubt this gets passed in the next 4 1/2 yrs.
Plus fire 90 percent of federal workers. And close down all the bullshit alphabet agencies. Chief being EPA.
MAKE CFC'S GREAT AGAIN
DOGE incoming!
Department of Governmental Efficiency.
Elon!
If you get rid of the fed reserve, it's immediately fixed
Frodo, put away the 'Party Tent' 🥲
D̶o̶r̶f̶ Fredo goes fishing...
I think you’re mistaken.
Import tariffs are a big part of the Trump agenda.
We could do it if we cut spending back to Constitutional limits.
Maybe if he dusted off his prior executive order #13818 regarding the blocking of assets from those convicted of corruption, trafficking, etc. and confiscated same, I'm sure it could relieve all Americans from paying taxes. This would include money from Rothschilds, Rockefellers, etc. If he did that he could probably cut checks to each adult citizen for a few hundred grand to boot.
The owners of the Federal Reserve have TRILLIONS stashed away. Ill gotten gains from a system they rigged, under color of law, to drain our wealth into their pockets. Take it back and give them jobs at GITMO.
Good, I’ll pay off house, pay all kids colleges, then buy a new Chevy and a Toyota put the rest into crypto.
Then you can invite all of us frens over for Bar-B-Q. 😁🤣
Oh man, a refund would be quite a thing.
Considering the IRS was illegally established along with the Fed in 1913, all moneys collected since then should be considered as reparations to indviduals and decendents of deceased taxpayers..
Been saying it for a very long time… "In the future there will be no income tax."
"They Live" (but not for long)
WWG1WGA!
How many bureaucrats & Federal Departments will we need to get rid of to reach this goal? 🤔
The only way America maybe survives economically is if...
The statistical chance that one of the above will occur before Jesus comes back...1 in 100000000000000000000000000000000000000000000000000. That's 1 with 50 zeros behind it. This is the official scientific number at which something become an impossibility!