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"There is a way." This was Donald Trump's response to a question about whether or not it's possible for the US to abolish ALL Federal Taxes, "once the country is back on its feet." What I believe we're seeing out of Trump's financial narrative deployments of late is the...

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BurningBright

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668,508 Aufrufe • vor 1 Jahr •via X (Twitter)

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Green Lives Mattervor 1 Jahr

Trump is going to make America more prosperous than ever and I'm here for it.

Profilbild von @SuzieQ_2023
@SuzieQ_2023vor 1 Jahr

BRILLIANCE on so many levels. Legislatively, imploding the Administrative State and all that entails. IRS being one of them. We watch the implosion with EPA v W. Virginia putting a kink in things, then overturning od Chevron, then our brave President and CIC, talking about the return of The Impoundment Control Act of 1974 Check..then checkmate.

Profilbild von LAMP94
LAMP94vor 1 Jahr

Abolish the Fed because it’s unconstitutional and repeal the 16th amendment!

Profilbild von Eyes Wide Open
Eyes Wide Openvor 1 Jahr

Great post, BB. When we get rid of the Federal Reserve, we will remove a huge drain on our income. The overhead on each dollar is a hidden tax going to a private corporation that is never audited. Adding "federal" implies it is a gov agency, but it isn't.

Profilbild von DoubleNickel KnuckleDragger
DoubleNickel KnuckleDraggervor 1 Jahr

At this point, seems pretty obvious DJT slowly walking us down this path for awhile Now reconcile this statement w @GMONEYPEPE ‘s Covfefe digs, BRICS progression, US debt inflation & USD implosion Anyone paying attention can see we have a bright orange future ahead of us

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Derpstatedvor 1 Jahr

Yup I believe, and have maintained that If we still have an income tax and a Fed by the time Trump leaves office, MAGA will have failed, and MAGA won't fail! 😎🇺🇸

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MyLittleMissCleovor 1 Jahr

Is it happening?

Profilbild von A Guy on X That's On a Mission. Live by the Code
A Guy on X That's On a Mission. Live by the Codevor 1 Jahr

Trump cut more regulations in 4 years than any other president. Now that the Chevron Doctrine has been overturned, the number of regulations he can now remove will be unprecedented.

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Jordan Sathervor 1 Jahr

@BadlandsMedia_

Profilbild von andrew j richardson
andrew j richardsonvor 1 Jahr

THE SMARTEST THING TRUMP COULD DO IS ABOLISH FEDERAL INCOME TAX. It is the most inefficient tax - costs 25% to collect and spend and Governments only spend this money once a year according to a "budget". If these funds are left in the hands of the earner/worker then it will be spent approx 3 times creating 3 consumption/sales tax events. The plumber buys a new car and the car salesman renovates his bathroom and the tiler goes on a holiday etc. Thus assuming tax (as most over $120k per` annum pay) at say 40% of $100 then it is an annual collection of $40. Let's say this costs 25% or $10 to collect and distribute (not counting the massive cost to society of accounting fees) leaving $30 for the Government to spend. If no income tax then this $40 would be spent 3 times being a $120 spend which with a sales or consumption tax of 25% then $30 is collected which is identical to an income tax at source. People will have a greater incentive to work and build wealth for all

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🇺🇸TRUMP: “WE HAVE TO TALK ABOUT THE BIG BEAUTIFUL BILL” "It's the biggest bill of its kind ever passed, and we have to talk about it. When you think about no tax on tips, no tax on Social Security, no tax on overtime, a big tax cut in addition to that, plus we're saving the tax cut that we made years ago, which is big. They would have had a 68% tax increase, and now they have a tax cut." Source: Fox News, Acyn

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I traveled all across the country with President Trump, and no matter which state or city we visited, the American people greeted him with thunderous applause in support of his tax cuts. These tax cuts were a huge win for families and small businesses in my district—we can’t let them expire! But we need to go even further and deliver on President Trump’s promise of NO TAX on tips, NO TAX on Social Security, and NO TAX on overtime. This isn’t about any one member of Congress; it’s about delivering the mandate the American people demanded when they elected President Trump—who is far more popular than any of us—in November.

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.President Donald J. Trump invites to the stage a bar manager, as well as a bartender and wife of an electrician — two Iowans who will benefit BIG from No Tax on Tips, and No Tax on Overtime secured in his tax cut: "No Tax on Tips is HUGE for everyone in the service industry. Thank you very much!"
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.President Donald J. Trump invites to the stage a bar manager, as well as a bartender and wife of an electrician — two Iowans who will benefit BIG from No Tax on Tips, and No Tax on Overtime secured in his tax cut: "No Tax on Tips is HUGE for everyone in the service industry. Thank you very much!"

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Rep. Alexandria Ocasio-Cortez: On this point of tax on tips, as one of the only people in this body who has lived off of tips, I want to tell you about the scam, a little bit of the fine print there. The cap on that is $25,000, while jacking up taxes on people who make less than $50,000 while taking away their SNAP, Medicaid, and kicking them off of the ACA. If you're at home and you're living off tips, you do the math. Is that worth it to you? Losing all your health care, not able to feed your babies in exchange for what? This bill is a deal with the devil

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CEOs in meeting with Trump said he was pandering and all over the place as he allegedly proposed replacing income taxes with tariffs. If the US was to replace income taxes with tariffs, not only would inflation soar but the lower and middle classes would be devastated. If you massively tax imports, prices will rise significantly. Since the lower and middle classes spend the majority of their income, this means almost the full tax burden is shifted to the less wealthy Americans while the ultra wealthy Americans effectively have nearly no tax burden. Trump is for the wealthy, not the little guy. We saw this with his $2T corporate tax cuts.

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Anton Gerashchenko

33,729 Aufrufe • vor 1 Jahr

Trump: I will say I believe we had a very productive meeting. There were many, many points that we agreed on… there is no deal until there is a deal I will call up NATO in a little while. I will call up the is various people that I think are appropriate and I will of course call up President Zelenskyy and tell him about today's meeting. It's ultimately up to them have to agree with what Marco and Steve and some of the great people from the Trump administration who have come here, Scott, John Ratcliffe, thank you very much…
1:15

Trump: I will say I believe we had a very productive meeting. There were many, many points that we agreed on… there is no deal until there is a deal I will call up NATO in a little while. I will call up the is various people that I think are appropriate and I will of course call up President Zelenskyy and tell him about today's meeting. It's ultimately up to them have to agree with what Marco and Steve and some of the great people from the Trump administration who have come here, Scott, John Ratcliffe, thank you very much…

Acyn

35,961 Aufrufe • vor 1 Jahr

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Mamdani on Cuomo "conspiring" with Trump: "It is time for us to make clear that what this city deserves is a mayor who when he sees Donald Trump attacking the people of this city will stand up and fight back against that vision, who will not get on the phone with the architect of that vision."

Aaron Rupar

209,274 Aufrufe • vor 1 Jahr