Who would give a Big Amen to this… WOULD OPEN THE FLOODGATES OF THE ECONOMY !!!!
(media.greatawakening.win)
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No.
I lived in a small town (<4,000), off the road network, for eight years. Every time the Mayor announced a wage increase, (because they couldn't attract & keep competent people), the local housing authority jacked up the rent by a similiar % ... followed shortly thereafter by the grocery store, the two restaurants, the gas station, the hardware store, etc.
I concur the income tax must go. But how to do it without getting stabbed in the twig & berries by the wannabe robber barons salivating at all that 'free' untaxed cash is a nightmare.
So do it gradually, something like fix all federal income tax rates at current level in 2025; then reduce each tax bracket by a full 1% point per year until the bracket reaches zero.
Outside a constitution amendment, I can not think of any way of keeping future politicians from fucking it up though.
The function of the income tax is to skim off excess liquidity in the economy that is due to the fiat money system printer going brrrr.
Good point, great pumpkin.