Curious since Trump has seemingly hinted at getting rid of income taxes (without actually confirming as such). Since reducing oppressive governance and waste is the goal here, and the IRS is definitely an oppressive agency that was unconstitutionally created, what do we think the real long-term plan is for the agency?
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I can see some need for corporate taxes but not personal.
Mostly, personal have to pay taxes on property, local services, and products already.
Corporate taxes would be feeding into an environment that helps make business prosperous.
A lot of Trump's policies are quite inflationary. I'm not sure how he plays to reconcile that.
We need to get our language right. Inflation results in higher prices, but higher prices don't always mean inflation. Inflation is an increase in the money supply. You can do things that raise prices that don't increase the money supply. I know what you're saying but I just want everyone to understand the definition of inflation better.
Trump's 'hoaxvid relief', which was continued by the pedo, MASSIVELY increased the money supply. We're talking 3x or so. Surprise surprise, houses are 3x their 2020 prices, which were already high to begin with.
The money supply has been completely destroyed by the Fed since 1913, but Trump's actions during the end of his first term made it worse. And the pedo, well....next level.
Totally agree, suleo!
This is what I have concerns about as well. Notably, his recent EO including bringing down home prices. In another comment the other day here: https://greatawakening.win/p/19AKAv9ZVZ/x/c/4ZHmT32syva, I outlined multiple reasons why the government has been directly responsible for the bad economic situation we currently find ourselves in. There are things the government would have to fix regarding its own policies and decision making before they can put the fist down in this area. It's like announcing a war on drugs while also being responsible for making it what it is in the first place.
I admit it seems rather contradictory to say I want a free market and yet would like the government to do something about big corporations buying up land and real estate in this country. Taking homes and land away from regular citizens and selling these assets back at inflated prices or relegating them to full-time rentals while enjoying large tax benefits in the process is a cancer on this nation.
Maybe he is planning on standing up the ERS and gages how much comes in before clipping the IRS.
Corporate taxes ARE tariffs if you are manufacturing outside the country.
Historically, corporation have always paid taxes. There are both civil and maritime reasons for this.
So as others have stated, the personal income tax issue that revolves around the IRS is different than the corporate income tax issue? Where does that leave the IRS, then? Would the ERS be sufficient to replace it in regards to corporate "tax"?
I can't remember where I read it years ago, but it seems the whole deal has to do with only "foreign" income was to be taxed. Not the income we earned through our jobs or our own production. (Research needed. )
"... does this mean the IRS isn't going anywhere anytime soon.?"
YES.. They are NOT mutually exclusive.
Going to take some time. Probably after gold destroys the fed, or something.