My theory: Indeed, if we just cut income tax instantly, the reaction by corporations, the stock market and real estate would be so sharp it would lock up the entire system. Basically we have to first reverse quantitative easing, and then we shrink interest to almost nothing. Writing interest off on a American car gives an example; send the bill to the IRS instead. It's the Fed's bad money and interest, its their bonds they bought that artificially stimulated the economy, so they can eat their lunch. It also results in sort of a tariff against the Fed. Then you start reducing income tax liability and then position the country to be lifted from it. The death of the income tax is the end of the Fed.
Unfortunately we the people are the ones who create money, so in order to get it back, we have to starve the root instead of cutting it all the way out.
Isn't "No Income Tax" the goal though?
Eventually. But that comes after they balance the budget. Push through the cuts they want done. And get Tariff income flowing.
All three things have to come first before that. Which could take the vast majority of his term
This. You ease the masses into this stuff. They’re doing it right.
Agreed they have a strategic plan and road map how to reach that point.
It also steers future votes. Carrot on a stick enters the chat.
My theory: Indeed, if we just cut income tax instantly, the reaction by corporations, the stock market and real estate would be so sharp it would lock up the entire system. Basically we have to first reverse quantitative easing, and then we shrink interest to almost nothing. Writing interest off on a American car gives an example; send the bill to the IRS instead. It's the Fed's bad money and interest, its their bonds they bought that artificially stimulated the economy, so they can eat their lunch. It also results in sort of a tariff against the Fed. Then you start reducing income tax liability and then position the country to be lifted from it. The death of the income tax is the end of the Fed.
Unfortunately we the people are the ones who create money, so in order to get it back, we have to starve the root instead of cutting it all the way out.
That's what I thought also.
^ just because it’s the goal doesn’t mean it all happens in month 3.