Trump didn't call for Congress to abolish the income tax. He states historical precedent as to why it could POSSIBLY be eliminated in lieu of tariffs. While I agree with and support the idea (more elimination of government overreach IS a good thing), we still don't know for sure what the plan is. It's implied that he'd like to get rid of the income tax, but there hasn't been anything that outright indicates it's going to happen. I think we need to keep things in context in regards to what Trump is actually saying at the moment and reserve ourselves from putting conjecture out as definitive statements.
Yes: the headline is hyperbole and misleading. Still a fabulous little clip, and it strongly suggests Trump is working his way to an outright elimination of the IRS.
Exactly , there is another post from supposed Treasury secretary that stated “ it’s his job to abolish income tax” it says more . But supposedly it’s a fraud account, it says so under the account and states it’s going to be removed ! People are excited ! Although that account is total bull !!
Exercising discernment and keeping things in context with facts and evidence is key to strengthening our movement, because the left relies solely on misquotes, out of context statements, bullshit "fact checking" using MSM propaganda and other annoying tactics. We need to be better than the left because "we are the news" now!
There's been so much lazy low quality posting from people who didn't bother to read past a headline or a social media post. Seems like half the posts lately. Then a bunch of comments taking those posts at face value. Common sense and discernment have gone missing.
Since income tax is used to pay the interest on the debt, easy way to solve this is kill the Fed and FRNs. and convert the IRS infrastructure to tariff and on luxury tax collection.
Oh, it's not that I don't believe he can do it; I'm just waiting to see if he actually SAYS he is planning on doing it instead of just making cryptic statements on it. When an actual plan is announced, I will rejoice!
With Americas 250th birthday coming, I figure it’ll be around July 4th 2026. Also when DOGE is supposed to be finished with cutting the fat outta government. He gave Elon and Vivek till that exact date to get it done. Something like a 90% cut of government. These next 1.6 years is gonna be wild.
“Taxing our citizens to enrich foreign nations” 😳😳😳😳😳😳😳
Did anybody catch that?? So the Conspiracy Theorists were right.
Whereas the narrative from the IRS is:
Taxes provide revenue for federal, local, and state governments to fund essential services--defense, highways, police, a justice system--that benefit all citizens, who could not provide such services very effectively for themselves.
If the government wants to print money, they need to put out an order for a bridge or something we actually need. Contract a construction company to build said bridge and then print the money and give it to the contractor and we get a bridge for the new money instead of an interest charge to some rich family or banker.
He ABSOLUTELY called for the abolition of the income tax in favor of tariffs. I listened after reading all the naysayers' comments. I found them to be overcritical. I think THIS IS HUGE imho.. since nobody asked me lol. I don't think Trump is just playing tiddlywinks. He says things for a reason.
I'd love to see it happen. If enacted I bet within 48 hrs states like CA, NY, MA, PA would double or triple their income tax to take advantage of the windfall to their citizens. These blue states would love nothing more than to claim every penny the feds didn't take for themselves..
No, books are books and the average person cannot even breakdown money in money out for their personal finances. Businesses will still need accountants.
Also I think when the real plan goes into effects (UBI for individuals, local manufacturing subsidy, small business grants etc) CPAs will be needed to make sure people/businesses get what they are entitled to but also that no one takes advantage of the new system. We do not want grifters abusing our new economy the way they did PPP "loans"
I think the income tax will be eliminated, at least for the 95%. It will be incremental and gain speed. It will take a little while for tariffs and oil sales to Asia to spin up the necessary revenue. All the cuts in spending will bring success from both ends.
I remember him saying we have to get the tariffs up and running before we eliminate income taxes which does make sense. I believe we have a couple of year at least until he can eliminate income taxes.
Trump didn't call for Congress to abolish the income tax. He states historical precedent as to why it could POSSIBLY be eliminated in lieu of tariffs. While I agree with and support the idea (more elimination of government overreach IS a good thing), we still don't know for sure what the plan is. It's implied that he'd like to get rid of the income tax, but there hasn't been anything that outright indicates it's going to happen. I think we need to keep things in context in regards to what Trump is actually saying at the moment and reserve ourselves from putting conjecture out as definitive statements.
I want him to say the words.
Clip and title a long ways apart.
Gay post OP. Do better.
Ouch. Burn...
hard to deny it in this case tho.
Kek. I hadn't. Good catch.
I think he’s priming the pump
This I can agree with.
Yeah, shifting the Overton window, which is a good thing
Yes: the headline is hyperbole and misleading. Still a fabulous little clip, and it strongly suggests Trump is working his way to an outright elimination of the IRS.
Remember when Trump had a hard copy of the whole IRS code displayed?
No, I don't remember that! Thanks for mentioning it. And I won't be surprised if we see it again.
It was early in his first term. Floor to ceiling huge space. It illustrated the improbability of anyone understanding the whole code.
Exactly , there is another post from supposed Treasury secretary that stated “ it’s his job to abolish income tax” it says more . But supposedly it’s a fraud account, it says so under the account and states it’s going to be removed ! People are excited ! Although that account is total bull !!
Exercising discernment and keeping things in context with facts and evidence is key to strengthening our movement, because the left relies solely on misquotes, out of context statements, bullshit "fact checking" using MSM propaganda and other annoying tactics. We need to be better than the left because "we are the news" now!
There's been so much lazy low quality posting from people who didn't bother to read past a headline or a social media post. Seems like half the posts lately. Then a bunch of comments taking those posts at face value. Common sense and discernment have gone missing.
its about engagement. you know, like the msm model.
You write well with a lot of knowledge !
Thanks, although I don't consider myself to be that exceptional or knowledgeable, I appreciate the outside view from a fellow Fren! Cheers, NSB!
Since income tax is used to pay the interest on the debt, easy way to solve this is kill the Fed and FRNs. and convert the IRS infrastructure to tariff and on luxury tax collection.
This much we do know,
"The Federal Reserve is not federal, and there is nothing in reserve."
This is the phrase that needs to be promoted.
After everything we've seen Trump accomplish, there are still people here who don't believe he can get rid of income tax. Just watch.
Agreed. POTUS didn't say the words, yet. He's planting the seed.
Oh, it's not that I don't believe he can do it; I'm just waiting to see if he actually SAYS he is planning on doing it instead of just making cryptic statements on it. When an actual plan is announced, I will rejoice!
A nice start would be his campaign promise of eliminating taxes on overtime for the many hard working Americans. As soon as possible.
I believe, before his term is ended, this will be his parting gift to the people of America.
With Americas 250th birthday coming, I figure it’ll be around July 4th 2026. Also when DOGE is supposed to be finished with cutting the fat outta government. He gave Elon and Vivek till that exact date to get it done. Something like a 90% cut of government. These next 1.6 years is gonna be wild.
NO, ENCORE HE MUST
“Taxing our citizens to enrich foreign nations” 😳😳😳😳😳😳😳 Did anybody catch that?? So the Conspiracy Theorists were right.
Whereas the narrative from the IRS is:
https://apps.irs.gov/app/understandingTaxes/teacher/whys_thm01_les01.jsp#:~:text=Taxes%20provide%20revenue%20for%20federal,services%20very%20effectively%20for%20themselves.
imo we've won when the IRS and FED are destroyed
u/#yesss
Its a step in the correct direction but I will wait & see. Its not like we cant use more of OUR money.
If the government wants to print money, they need to put out an order for a bridge or something we actually need. Contract a construction company to build said bridge and then print the money and give it to the contractor and we get a bridge for the new money instead of an interest charge to some rich family or banker.
He ABSOLUTELY called for the abolition of the income tax in favor of tariffs. I listened after reading all the naysayers' comments. I found them to be overcritical. I think THIS IS HUGE imho.. since nobody asked me lol. I don't think Trump is just playing tiddlywinks. He says things for a reason.
Upvoted for tiddlywinks🐸
before april 15th,before april 15th,before april 15th,
2016 driving for Tariffs ... 2022 allusions to Teddy R. ... 2024 Restoring McKinley 2025 the focus of Carrots and McKinley Becomes Clear
u/#vincewalk
I suspect it won't happen until all the baby boomers are "retired".
I'd love to see it happen. If enacted I bet within 48 hrs states like CA, NY, MA, PA would double or triple their income tax to take advantage of the windfall to their citizens. These blue states would love nothing more than to claim every penny the feds didn't take for themselves..
Quick question: would this make all CPA' s irrelevant?
No, books are books and the average person cannot even breakdown money in money out for their personal finances. Businesses will still need accountants.
Also I think when the real plan goes into effects (UBI for individuals, local manufacturing subsidy, small business grants etc) CPAs will be needed to make sure people/businesses get what they are entitled to but also that no one takes advantage of the new system. We do not want grifters abusing our new economy the way they did PPP "loans"
Well for tax prep yes…but for companies, you still need to know how your business is faring.
Maybe the CPAs can help with tariffs too. They can be remote consultant to aid the ERS (external revenue Service)
Yeah, that’s what I was thinking… an entire industry abolished overnight.
From his lips to God's ears!
Trump is asking all the right questions and planting abundant seeds. It will be up to US, the American people, to demand and end to income tax.
Well, I demand to abolish our California DMV annual bullshit registration fee “tax” but that’s not going away anytime soon.
they should start with the taxes on social security thats just wrong......a JOE FUKIN BIDEN thing when he was in congress
Once we get rid of the income tax, and IRS, watch as Canadians melt the snow as they warm up to joining the US.
I think the income tax will be eliminated, at least for the 95%. It will be incremental and gain speed. It will take a little while for tariffs and oil sales to Asia to spin up the necessary revenue. All the cuts in spending will bring success from both ends.
Come back with hard proof, only. Thanks.
I remember him saying we have to get the tariffs up and running before we eliminate income taxes which does make sense. I believe we have a couple of year at least until he can eliminate income taxes.