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Started By
Message
re: President Trump is considering abolishing federal income tax
Posted on 1/22/25 at 11:01 am to Tantal
Posted on 1/22/25 at 11:01 am to Tantal
quote:
Won't happen. 38 state legislatures aren't going to agree to that. There are too many state governments sucking on the Federal tit for it to pass.
Exactly. Sounds good, wont work.
0
Posted on 1/22/25 at 11:02 am to Tantal
quote:
Won't happen. 38 state legislatures aren't going to agree to that. There are too many state governments sucking on the Federal tit for it to pass.
If the federal income tax is abolished and the federal funds stop flowing from the federal government to states, state income taxes will necessarily increase. Which is the way it should be. I'd rather pay higher taxes locally than higher taxes nationally.
Posted on 1/22/25 at 11:02 am to Seldom Seen
But where I gonna get my check from?
Posted on 1/22/25 at 11:02 am to Barbados
Preemptively lol
Posted on 1/22/25 at 11:06 am to GumboPot
quote:
Brilliant.
Issue a blanket pardon for all U.S. citizens for past, present and future crimes involving income tax law.
Unless you were pardoned by Biden.
Posted on 1/22/25 at 11:06 am to RollTide1987
quote:
That takes more than an executive order. That takes a constitutional amendment.
Wrong. It takes congress passing a law. Not an amendment.
Posted on 1/22/25 at 11:06 am to GumboPot
quote:
the federal income tax is abolished and the federal funds stop flowing from the federal government to states, state income taxes will necessarily increase. Which is the way it should be. I'd rather pay higher taxes locally than higher taxes nationally.
I don't disagree, but as long as you have more than 12 states that are net takers, it's dead in the water. There are currently 22 net taker states. Those legislature aren't going to bite the hand that feeds them.
Posted on 1/22/25 at 11:08 am to OysterPoBoy
quote:
Unless you were pardoned by Biden.
Wait, so Hunter just got away with decades of not paying taxes?
Posted on 1/22/25 at 11:08 am to Seldom Seen
In!
Posted on 1/22/25 at 11:08 am to SG_Geaux
quote:It doesn’t have to the replaced, but I doubt many will accept the end of social security, VA benefits, medicare, and the military as a “win”.
What will replace the revenue? The money has to come from somewhere.
quote:
Can we make up all the revenue with tariffs?
not even close. 
Posted on 1/22/25 at 11:10 am to Taxing Authority
quote:
It doesn’t have to the replaced, but I doubt many will accept the end of social security, VA benefits, medicare, and the military as a “win”.
Straight up I'll take that deal all day long. frick federal government "services".
Posted on 1/22/25 at 11:11 am to Bard
quote:
Sort of. I mean, yes, you are correct, but the bigger issue is that any bill a Congress passes, a future Congress can counter it. That's why, for it to really stick, it would need to be a repeal of the 16th Amendment.
If congress lowers it to 0%, who is going to have balls to reverse that in the next congress in any meaningful way? Would be political suicide.
Posted on 1/22/25 at 11:11 am to GumboPot
quote:I would too, but neither of us are up for re-election.
Straight up I'll take that deal all day long. frick federal government "services".
Posted on 1/22/25 at 11:12 am to Seldom Seen
quote:
President Trump is considering abolishing federal income tax
Posted on 1/22/25 at 11:12 am to Taxing Authority
You do understand as our resident taxing authority that abolishing the income tax would have no impact on other taxes like SS and Medicare or a state income tax?
Posted on 1/22/25 at 11:15 am to GumboPot
quote:
Rothchild banking loyalists.
You never seem to avoid the opportunity to post anti-Semitic tropes.
Posted on 1/22/25 at 11:15 am to RollTide1987
Correct on the EO, incorrect on the Constitutional Amendment part. It does not require a Constitutional Amendment to change the tax code which is all they will be doing
Posted on 1/22/25 at 11:20 am to tiger789
quote:
be nice if it takes effect before april 15th !
march 15th for me filing as an S corp. It would save me some income tax on my K-1. i've already paid fed, state and SS/medicare, etc taxes on my W-2 salary via payroll. Can he give me a refund?
Posted on 1/22/25 at 11:25 am to SG_Geaux
quote:
What will replace the revenue? The money has to come from somewhere.
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Posted on 1/22/25 at 11:26 am to momentoftruth87
quote:
Somehow certain people will be offended by this.
Only America hating, commie traitorous pedo grooming arseholes.
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