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Posted on 9/3/25 at 12:58 pm to HailHailtoMichigan!
quote:
There is no way tariff revenue can fund the current behemoth.
We don't need it to or want it to.
Posted on 9/3/25 at 12:58 pm to HailHailtoMichigan!
quote:
What he doesn’t seem to understand though, is that the federal budget was tiny in 1913. A literally fraction of a fraction of what it is today. There is no way tariff revenue can fund the current behemoth.
This is what you all don't understand:
THAT'S THE frickING POINT.
Posted on 9/3/25 at 1:00 pm to GoblinGuide
quote:
You tell your creditors that you don't actually owe them what they think you do and that faith dies.
That's only true in the case where both parties are operating in good faith. Trump's comments on this in February indicate a significant amount of fraud on the part of the Federal Reserve.
If your bank says you owe 10X what you should on a car/home loan and you can prove that you don't owe that much, it doesn't make you untrustworthy for being the victim of fraud.
Posted on 9/3/25 at 1:00 pm to VoxDawg
What specifics were provided?
Posted on 9/3/25 at 1:06 pm to GrassyKnoll556
quote:
This is what you all don't understand:
THAT'S THE frickING POINT.
It doesn't appear the Trump admin understands the point, either.
Where is their budget with all of these spending cuts?
Posted on 9/3/25 at 1:08 pm to GumboPot
quote:
That would require amending the constitution.
No. The 16th Amendment permits but does not mandate an income tax.
Posted on 9/3/25 at 1:08 pm to VoxDawg
quote:
VoxDawg
Posted on 9/3/25 at 1:08 pm to VoxDawg
quote:
Trump's comments on this in February indicate a significant amount of fraud on the part of the Federal Reserve.
quote:
If your bank says you owe 10X what you should on a car/home loan and you can prove that you don't owe that much, it doesn't make you untrustworthy for being the victim of fraud.
But the debt isn't even based on "the federal reserve" reporting the data.
You do understand this, right? Or is this another thing where you jump in ignorantly because charlatans led you to dishonesty?
The CBO reports this data annually. Here is the 2023 breakdown
It even has pictures for people like you
Posted on 9/3/25 at 1:10 pm to HailHailtoMichigan!
In 2008, Ron Paul said if you eliminate the personal income tax, the US would still bring in enough revenue from other taxes & tariffs that would equal what the US collected in all of the year 2000, which included the personal income tax.
Paul said the income tax is just a relatively small fraction of what the US collects as a whole. It can easily be done away/replaced with overdue federal spending cuts and increased tariffs/various-taxes. There's no excuse to keep robbing individual earnings via the threat of prison to feed a federal budget "behemoth" that could be manageable with some amputations & tariffs.
Paul said the income tax is just a relatively small fraction of what the US collects as a whole. It can easily be done away/replaced with overdue federal spending cuts and increased tariffs/various-taxes. There's no excuse to keep robbing individual earnings via the threat of prison to feed a federal budget "behemoth" that could be manageable with some amputations & tariffs.
This post was edited on 9/3/25 at 1:12 pm
Posted on 9/3/25 at 1:11 pm to SlowFlowPro
quote:
It doesn't appear the Trump admin understands the point, either.
Where is their budget with all of these spending cuts?
It's coming...
muh rescissions are just around the corner.
Posted on 9/3/25 at 1:12 pm to LSUFreek
quote:
Paul said the income tax is just a relatively small fraction of what the US collects as a whole.
In 2023 it was about half. I don't think that's small.
quote:
In 2008, Ron Paul said if you eliminate the personal income tax, the US would still bring in enough revenue from other taxes & tariffs that would equal what the US collected in all of the year 2000, which included the personal income tax.
That seems to be more a statement of GDP growth than anything else
Posted on 9/3/25 at 1:13 pm to GrassyKnoll556
quote:
quote:
What he doesn’t seem to understand though, is that the federal budget was tiny in 1913. A literally fraction of a fraction of what it is today. There is no way tariff revenue can fund the current behemoth.
This is what you all don't understand:
THAT'S THE frickING POINT.
That's fine. So what can realistically be cut so that they could? I want smaller government. But who is willing to fall on that sword and sacrifice themselves to get there? How many programs can be be cut? Can SS, Medicare or the Def Dept do with less? I would certainly hope so.
Posted on 9/3/25 at 1:16 pm to LSUFreek
quote:
In 2008, Ron Paul said if you eliminate the personal income tax, the US would still bring in enough revenue from other taxes & tariffs that would equal what the US collected in all of the year 2000, which included the personal income tax.
Paul said the income tax is just a relatively small fraction of what the US collects as a whole. It can easily be done away/replaced with overdue federal spending cuts and increased tariffs/various-taxes. There's no excuse to keep robbing individual earnings via the threat of prison to feed a federal budget "behemoth" that could be manageable with some amputations & tariffs.
I mean, you do know that Ron Paul is vehemently anti-tariff. In fact Ron Paul had the EXACT OPPOSITE opinion that you claim.
In 2025, his article "Tariffs are Theft", Ron Paul wrote
Defenders of tariffs, including President Trump, claim the revenue from tariffs can be used to “offset” the revenue government loses from tax cuts. Some even claim that tariffs can generate enough revenue to allow the government to repeal the income tax. The problem with this is that a tariff brings in more revenue to “pay for” tax cuts only to the extent the tariff does not cause consumers to cease buying imported goods. Thus, the tariffs, to bring revenue to the government, must not be large enough to discourage Americans from buying foreign products. The more tariffs increase government revenue, the more they will tend to fail in bringing about another often promoted tariff goal — an increase in the purchase of domestic goods.
Posted on 9/3/25 at 1:18 pm to GumboPot
quote:
Trump did not say that. I could easily burn down that strawman too.
So, his taxes will result in higher prices and more take home pay.
No one wins, but government.
Posted on 9/3/25 at 1:19 pm to VoxDawg
Plan is to put all government spending on the blockchain so it can be transparently observed and tracked by all interested citizens as it occurs transparently.
They just put the last state of the economy report data on the blockchain recently.
Have to reign in all of the fraud, waste, and abuse pro-actively in real time in addition to cutting down to smaller government if we want to be able to replace income taxes with tariffs.
Things like the fed government taking partial ownership of companies it bails out (Intel), and patents from inventions made in fed funded schools ( both in the news lately) will also help replace taxes to fill the coffers.
Multi-pronged attack.
Property taxes going away soon as well:
Replaced by new State Credit Unions
See 2nd edition released recently:
Offering 3% interest on all mortgages, auto loans, and credit cards.
Bankers, learn to code
They just put the last state of the economy report data on the blockchain recently.
Have to reign in all of the fraud, waste, and abuse pro-actively in real time in addition to cutting down to smaller government if we want to be able to replace income taxes with tariffs.
Things like the fed government taking partial ownership of companies it bails out (Intel), and patents from inventions made in fed funded schools ( both in the news lately) will also help replace taxes to fill the coffers.
Multi-pronged attack.
Property taxes going away soon as well:
Replaced by new State Credit Unions
See 2nd edition released recently:
Loading Twitter/X Embed...
If tweet fails to load, click here. Offering 3% interest on all mortgages, auto loans, and credit cards.
Bankers, learn to code
Posted on 9/3/25 at 1:20 pm to imjustafatkid
quote:
Sure, if that's as deep as you're capable of thinking about this issue.
Lay it out for me slick.
If youre getting robust tariff income, youre not deterring foreign purchases.
Posted on 9/3/25 at 1:21 pm to Kjnstkmn
dup
This post was edited on 9/3/25 at 1:28 pm
Posted on 9/3/25 at 1:28 pm to SlowFlowPro
quote:
Where is their budget with all of these spending cuts?
It's September. How many departments have submitted a fiscal budget for the year? I'm fairly sure it's a low number. So, there is no budget.
Posted on 9/3/25 at 1:29 pm to HailHailtoMichigan!
quote:
the federal budget was tiny in 1913. A literally fraction of a fraction of what it is today.
Back when America was great and most of the bandwagon hoppers hadn't come here yet.
This post was edited on 9/3/25 at 1:32 pm
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