Trump Talks About Eliminating the Income Tax at GOP Meeting
It's not only possible but might be the best move for our country
In a story from Trending Politics News, it was reported that Trump floated the idea of eliminating the US income tax, replacing it with tariffs, speaking to a private group of GOP supporters.
If Trump did this, it would have some benefits almost immediately.
The estimated income tax for 2023 was $4.3 trillion. Removing that burden from the US economy would almost immediately drive the economy in a positive direction.
Using tariffs to offset the loss of income tax revenue for the US government would unburden American citizens and businesses while it makes goods from outside the US more expensive. This would, across a medium to long term time frame, dramatically create US jobs and improve domestic production.
The income tax is said to pay for the Federal Reserve fiat money system, where the debt on the US dollar is a large burden on the US economy. Presumably, Trump would also eliminate the need for a FED in the first place so as to justify removing the income tax.
As a bonus, all debt that originates in modern-day fractional reserve banking is based in fraud and should be expunged since the banks actually act as a conversion house for the borrower, who were, reality the real creditor. The loan application is actually a promissory note, with a face value of the loan amount, which is then converted by the federal reserve banking into bank credit given to the borrower at exorbitant conversion rates. The banks don’t actually take on any real risk in this situation and never actually supply any real money.
The increase in domestic production and the reduced tax burden would also drive up the development of infrastructure, which the US hasn’t seen since the westward expansion of railroads in the mid-19th century.
All said and done, if Trump truly wanted to boost the US economy and create an economic boom the likes of which we have never seen before, the actions he spoke about at the GOP meeting might be the best way to do it.
What do you think?
Please tell me what you think or let me know if I got something wrong. I want to hear from you.
Much love,
Justin Deschamps is a researcher, omniologist, podcaster, and business consultant who has committed himself to restoring the knowledge, reason, and goodwill that helped the founding fathers create the greatest nation on earth.
I’ve always thought income tax did not make sense. Almost everything you buy is taxed why do I need my earnings also taxed. Really miss your Vigilant News show. Hope you have completely recovered from your horrible infection. As a nurse I understand all too well the hell you must have endured.
I think Trump has alot of good ideas that he'll be able to accomplish this time around.