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Started By
Message
Trump Flirts With the Ultimate Tax Cut
Posted on 10/24/24 at 6:27 pm
Posted on 10/24/24 at 6:27 pm
LINK
quote:
Former President Donald J. Trump has spent much of the presidential campaign brainstorming new, and sometimes untested, ways to cut taxes. In the election’s final stretch, he raised the possibility of going even further: eliminating income taxes entirely.
During a Fox News segment on Monday, Mr. Trump took questions at a barbershop in the Bronx. When asked if the United States could potentially end all federal taxation, Mr. Trump said the country could return to the economic policies in the late 19th century, when there was no federal income tax.
“It had all tariffs — it didn’t have an income tax,” Mr. Trump said. “Now we have income taxes, and we have people that are dying. They’re paying tax, and they don’t have the money to pay the tax.”
In June, Mr. Trump floated the idea of replacing federal revenue from income taxes with money received from tariffs. Mr. Trump has not provided specific details of how that would work, and it is unclear if he wants to eliminate all federal taxes, including corporate income taxes and payroll taxes, or only end the individual income tax.
22
Posted on 10/24/24 at 6:29 pm to Seldom Seen
It can work if we get rid of the vast majority of bullshite government agencies
Posted on 10/24/24 at 6:31 pm to Seldom Seen
If any country can do this, the USA can.....and probably the only country.
The idea can be solid if implemented right....and the ONLY man that could that is DJT!
The idea can be solid if implemented right....and the ONLY man that could that is DJT!
This post was edited on 10/24/24 at 8:04 pm
Posted on 10/24/24 at 6:32 pm to Seldom Seen
Don't threaten me with a good time
Posted on 10/24/24 at 6:32 pm to Seldom Seen
tariffs?
dude
do you want roger the cucker and slow cuck rino to have a stroke??
what are you thinking??
dude
do you want roger the cucker and slow cuck rino to have a stroke??
what are you thinking??
Posted on 10/24/24 at 6:34 pm to TheOcean
quote:
It can work if we get rid of the vast majority of bullshite government agencies
With this move you get to start with the IRS.
Posted on 10/24/24 at 6:36 pm to TheOcean
Would love to see the size of government chopped...you could probably get rid of 75% and never miss it, but those people are so entrenched in their jobs, it will never happen.
I'd like see income taxes replaced with a flat national sales tax. That way, the illegals are paying their way. That will never happen either...Congress' greatest power is the power to tax, and no one on the Right or the Left is giving that up.
I'd like see income taxes replaced with a flat national sales tax. That way, the illegals are paying their way. That will never happen either...Congress' greatest power is the power to tax, and no one on the Right or the Left is giving that up.
Posted on 10/24/24 at 6:37 pm to elposter
quote:
With this move you get to start with the IRS.
You have my erection
Posted on 10/24/24 at 6:38 pm to GRTiger
no more IRS?
Posted on 10/24/24 at 6:39 pm to Broadside Bob
quote:
you could probably get rid of 75%
And then we could deport all those worthless parasites to Mexico.
Posted on 10/24/24 at 6:41 pm to Azkiger
Love him coloring outside the lines. Scares the hell out of career politicians. Unfortunately, the government is slow and fat. Every other industry has been asked to get more efficient. Yet government continues to grow head count and do less. I don’t know if it’s feasible or not, regardless it would take decades to implement with the urgency of our current government process.
Posted on 10/24/24 at 6:43 pm to Broadside Bob
quote:
flat national sales tax.
A value added tax.
My sainted grandfather used this term all the time for how to fix things - never understood the words, but I remembered them when the idea came into discussion a few decades ago.
Wish I'd been old enough to absorb more of that man's knowledge.
Posted on 10/24/24 at 6:44 pm to Seldom Seen
Now this is how you get people to pay their fair share!
Posted on 10/24/24 at 6:44 pm to Seldom Seen
That won't happen. I am hopefully he fixes taxes on overtime. Tips? Sure. I won't hold my breath on either but a guy can dream right?
I just don't see with our deficit how taxes on income go away federally. I'm all for it, but I can't see it working without shifting.
Maybe I'm missing something
I just don't see with our deficit how taxes on income go away federally. I'm all for it, but I can't see it working without shifting.
Maybe I'm missing something
Posted on 10/24/24 at 6:46 pm to Seldom Seen
This is the way
Posted on 10/24/24 at 6:46 pm to Usmc
To be clear I'm all for getting rid of welfare after 3 months. These leaches need to earn their keep and not stay on papa gobment dime.
It would be a huge help to get there but nit enough
It would be a huge help to get there but nit enough
Posted on 10/24/24 at 6:46 pm to Seldom Seen
Would have to do away with all the Bull shite jobs the democrats created in the government.
Posted on 10/24/24 at 6:47 pm to Seldom Seen
The income tax system is a garbage system conceived over 100 years ago.
There are better systems that will bring in as much revenue with nearly zero regulatory burden on the citizenry.
Posted on 10/24/24 at 6:51 pm to Seldom Seen
Would love to see government leeches get a real job
Posted on 10/24/24 at 6:51 pm to TrueTiger
Love when I'm representing small businesses in IRS tax audits and the agents start arguing about receipts for $50 office paintings. Seriously? We're fighting over that and you expect Joe blow incorporated to keep a receipt for a $50 office painting?
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