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Getting rid of Federal Income Tax and its fallout
Posted on 1/27/26 at 11:01 am
Posted on 1/27/26 at 11:01 am
IF Trump can get rid of federal income tax it will forever reshape the size of the federal government. It will greatly limit it and if Democrats try to reimpose federal income tax it would be political suicide. Of course they will try to implement other taxes but implementing new taxes has always been extremely difficult. That is Trump’s ultimate game changer if he can accomplish it through tariffs
Posted on 1/27/26 at 11:02 am to Rip Torner
If you believe federal income tax can be replaced by tariffs, I've got a very large bridge to sell you.
Posted on 1/27/26 at 11:05 am to Ingeniero
Who would buy a large bridge?
Posted on 1/27/26 at 11:06 am to Rip Torner
quote:
That is Trump’s ultimate game changer if he can accomplish it through tariffs
1. Tariffs would not generate enough revenue to replace income taxes.
2. Income taxes will never be replaced.
Posted on 1/27/26 at 11:10 am to Rip Torner
Talk is cheap. By the way, the IRC didn't shrink after the TCJA or the OBBB, but sure.
ETA:
the learned poli board downvoting facts
ETA:
This post was edited on 1/27/26 at 1:46 pm
Posted on 1/27/26 at 11:11 am to Rip Torner
You’re forgetting something.
IF Trump can replace income taxes with tariffs, he can also invent a pill that makes it possible for you to shoot 100 dollar bills out of your arse.
In fact, that might be a little bit easier for him to do.
The pills will be orange, and big (Youge, in fact) but if you can swallow the lie that we will ever not have income tax, you can swallow the pill.
IF Trump can replace income taxes with tariffs, he can also invent a pill that makes it possible for you to shoot 100 dollar bills out of your arse.
In fact, that might be a little bit easier for him to do.
The pills will be orange, and big (Youge, in fact) but if you can swallow the lie that we will ever not have income tax, you can swallow the pill.
Posted on 1/27/26 at 11:11 am to Rip Torner
Income tax(the tax code) = control.......you think congress will ever give that up. 
This post was edited on 1/27/26 at 11:12 am
Posted on 1/27/26 at 11:12 am to WeeWee
quote:
Tariffs would not generate enough revenue to replace income taxes.
Tariffs don’t need to “replace” income tax, that’s the point, Congress can make do, like the rest of us when we have a cut in funds
quote:
Income taxes will never be replaced.
Probably not, it’s not in the interest of Congress, see the above point
This post was edited on 1/27/26 at 11:13 am
Posted on 1/27/26 at 11:13 am to Rip Torner
We need to keep the income tax to cover the built in fraud payments. These daycares and wineries arwbt going to fund themselves...
Posted on 1/27/26 at 11:14 am to Rip Torner
Doubtful. Spending hasn't been constrained by revenues via the income tax. Why would it by tariff revenue?
BTW, unless the 16th Amendment is repealed, this will never stick.
BTW, unless the 16th Amendment is repealed, this will never stick.
Posted on 1/27/26 at 11:16 am to Ingeniero
quote:
I've got a very large bridge to sell you.
Show me the ownership papers - I have just the place to put it.
Posted on 1/27/26 at 11:17 am to Rip Torner
quote:
IF Trump can get rid of federal income tax
He can't, so everything else you said is moot.
Posted on 1/27/26 at 11:17 am to SippyCup
quote:
Income tax(the tax code) = control.......you think congress will ever give that up.
Correct
And it benefits corporations that can lobby to carve out specific things in the tax code to give them an advantage
You couldn't even get a flat income tax for this reason
Posted on 1/27/26 at 11:19 am to RummelTiger
A lot of money would be made in local taxes as people spend more though. This would be great.
Posted on 1/27/26 at 11:19 am to Rip Torner
You earn 1000$ from your employer
Your employer withholds federal income tax.
Depending on your state, your employer also holds state income tax.
You then use what your left with to buy goods. Those goods are also taxed.
Own a home? Own your land? Property tax.
Not what our founding fathers intended.
Oh, but at least we have credit cards and 30 year mortgages!
Your employer withholds federal income tax.
Depending on your state, your employer also holds state income tax.
You then use what your left with to buy goods. Those goods are also taxed.
Own a home? Own your land? Property tax.
Not what our founding fathers intended.
Oh, but at least we have credit cards and 30 year mortgages!
This post was edited on 1/27/26 at 11:21 am
Posted on 1/27/26 at 11:20 am to Rip Torner
He'd also need to drastically cut federal spending, or the debt would skyrocket and we'd default.
Posted on 1/27/26 at 11:21 am to RummelTiger
quote:
I've got a very large bridge to sell you.
Show me the ownership papers - I have just the place to put it.
Baton Rouge area? I have another very large bridge to sell you.
Posted on 1/27/26 at 11:25 am to udtiger
quote:
Doubtful. Spending hasn't been constrained by revenues via the income tax. Why would it by tariff revenue?
This right here.A few weeks ago Kudlow had an economist on and he was asked that question. His reply was federal spending is about 22% of GDP. For tariffs to relace the income tax you'd need to get it down to 3%.
Just ain't happening.
Posted on 1/27/26 at 11:28 am to udtiger
quote:
BTW, unless the 16th Amendment is repealed, this will never stick.
Sign me up! That might be something I'm willing to march through the streets for. And all of these "no king" fools would probably oppose it.
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