re: No income taxes. What would that look like?

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Consumer spending is a major driver of the economy, making up around 70% of the American GDP. The (GDP) in 2023 was $27.36 trillion.

what % would need to be added in a consumption tax that EVERY American pays to replace that (and yes I agree with cutting spending)

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So you set the value added/consumption/sales tax at 10%, theoretically you bring in 2.738 trillion (I know govt transfers etc), but just ball park.

Then you start collecting and suddenly its 3.738 trillion. Where did it come from.

Earned income tax credit where people not only get their taxes back but the taxes their employer paid in, its not earned credit, its friggin welfare and many many illegals do it.....and then say they pay taxes, well they did and got it back two fold.

The millions of people working PJs (private jobs) off the books, from your brother in law doing your deck to the kid mowing your yard.

10s of millions of illegals working off the books.

When we put the tariffs in NO MORE tax credits federal or local for foreign companies building factories in the US. Why the frick to we have states fighting each other, and going into debt to let foreign companies have our markets.

Taiwan semiconductor, guess what, you will be tariffed, and when you want to build in the US as you are currently doing, you give the fed govt a piece of your company in the US. OR YOU STAY IN TAIWAN, WE PULL OUR MILITARY SUPPORT, AND YOU DEAL WITH THE CHINESE.

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I think you tax money illegal immigrants are sending home. 50% sound right?

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Maybe higher to discourage illegal immigration.

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You could eliminate probably 90-95% of the federal government and the average American wouldn’t even notice. In fact, they’d probably see an improvement in their quality of life.

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This! 100%

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No income taxes. What would that look like?

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Either:
1. metric isht ton of inflation,
2. a bankrupt government,
3. or government basically going away.

LINK

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Now @realDonaldTrump is advocating eliminating the income tax completely and replacing it with tariffs, which was how the federal government was funded prior to 1913. In fact, the 16th Amendment was ratified precisely to replace tariffs on the middle class with income taxes on the rich. However, in 1913, the federal government spent less than 2% of GDP. Today it spends over 24% of GDP. It's impossible to fund the massive federal government we have now with the indirect tax system we had then. If Trump wants to return to the tax system we had prior to 1913, he would need to eliminate all the government programs enacted since then. That would really make America great again.

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Since the last two aren't happening... you're left with option 1.

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- Eliminate income taxes and that injects 2.19 trillion into our economy every year.

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So... you're leaving out the other side of the equiation. That would raise the deficit to almost $3 Trillion per year. Anyhting can look good as long as you ignore the "cost".

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- cut spending

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See above. No way we're cutting Social Security by 80%, and eliminating all discretionary spending.

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SlidellCajun

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Wow. I think we found some things we can agree on.

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Our interstates are incredibly beneficial. Sure they could be fined by tolls but I’m fine with gas taxes funding. It’s appropriate.

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I agree. That puts the funding on the people who drive on it. It is a consumption tax.

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Fema- after Katrina, they were hugely helpful in what I went through.

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Here they have to clean up the waste. I know people who were not really in construction just knew a few things making 1000s of dollars per day by simply painting and fixing up small things in homes for displaced people.

I remember the guy tried to get me in on it, but I had no time. Literally, a house was being rented out to the gov and the gov fixed his home and payed for all of the labor and material. All of it.

He literally went to a home where the "displaced" lady was threatening to go to the media if they did not fix what they demanded. It was stupid stuff.. a drip in a sink.. a tear in the flooring..

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Military- without our military, we’re cooked.

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One of the things laid out in the Constitution

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The federal government is likened to the NFL, whereas the states are the owners and the fed gub is Roger Goodell. The states give the power to Roger, pay Roger,

and can take it away.

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No, it's not anything like that at all. The US constitution:

Article I, Section 8, Clause 1

The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform throughout the United States;

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We do not take in 5 trillion in income taxes. We take in 2.18 trillion.

Consumer spending is a major driver of the economy, making up around 70% of the American GDP. The (GDP) in 2023 was $27.36 trillion.

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This sounds nice. But you haven't accounted for the fact that 46% of poeple pay $0 toward that 2.18 trillion in income taxes. Further, only 10% of taxpyaers pay 75% of that 2.18 trillion. Spreading it out, would be a massive tax increase on a huge number of taxpayers.

I'm all for it. I wish we had flat taxes (fate rate, not percentage)... but I also understand the political realities that there is ZERO political will for the masses to vote themselves a tax increase.

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So... you're leaving out the other side of the equiation. That would raise the deficit to almost $3 Trillion per year. Anyhting can look good as long as you ignore the "cost".

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Wrong. You are leaving out consumption taxes totally. You did not even address it.

You did not address the tariff policy.

ETC ETC

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you give the fed govt a piece of your company

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There's a word for that. We love our small government, don't we?