Trump Wants To Repeal Federal Income Taxes And Abolish The IRS
Imagine keeping 100% of your paycheck and only paying taxes when you make purchases. Would that be something you could get behind?
Trump Wants To Repeal Federal Income Taxes, Abolish The IRS, Let People Keep 100% Of Their Paychecks And The People Who Would Benefit The Most From Such A Change Still Hate Him
The US has one of the most complicated tax systems in the world. Add that to the Federal Reserve, The Bank Of England, and The World Bank entangling themselves into the US money supply and we have a recipe for perpetual debt to our nation.
I'm an American living in Mexico and here taxes are very simple. There are no Federal taxes in Mexico. All states pay slightly different taxes but they are all flat tax rates. No individual files a return. Where I am we pay a flat 16% tax. Simple. Done.
In a recent post titled Why The Status Quo Hates Trump - It's Not About A Wall I talked about Trump's push to audit the Federal Reserve, redesign the tax system, and rid ourselves from perpetual debt that we pass on to our children.
Well, the pieces appear to be coming together to do exactly what was promised during Trump's campaign. Say what you will about your personal feelings about the man, but he is doing everything he can to keep his promises.
The Federal Reserve is a private banking cabal that is screwing the US public. The tax code is how Congress creates toll booths to enrich itself and extort money from corporations and bribes from those who get a 900% return on investment from bribing Members of Congress. Both the Fed and the IRS need to be shut down. Public banks and the Automated Payment Transaction Tax are the logical public interest alternatives. source
Flat Tax On Purchases Only
House Republicans have submitted two pieces of legislation on January 3rd, 2019 for the new session of Congress. Two of them are vitally important in bringing down the beast of the federal government. One of the bills is a resubmission to audit the Federal Reserve to pave the way for abolishing it. The other seeks to completely abolish the Internal Revenue Service.
HR 24 Federal Reserve Transparency Act of 2019 is a bill to require a full audit of the Board of Governors of the Federal Reserve System and the Federal reserve banks by the Comptroller General of the United States
In case you are not familiar, this is the very thing that former Texas congressman Ron Paul pushed for in order to abolish the Federal Reserve, which is what his book End the Fed is all about.
The history of the Fed is nothing short of a criminal conspiracy, and that conspiracy’s details are laid out in the classic work by G. Edward Griffin titled The Creature from Jekyll Island.
I had a chance to meet with both Ron Paul and G. Edward Griffin last year at Anarchapulco in Mexico and hear them both speak on abolishing the Fed.
Along with HR 25 FairTax Act of 2019. The bill aims “To promote freedom, fairness, and economic opportunity by repealing the income tax and other taxes, abolishing the Internal Revenue Service, and enacting a national sales tax to be administered primarily by the States.”
The bill wants to repeal, on a national level, Income Tax, Payroll Taxes, Estate Taxes, and Gift Taxes and replace it with a flat Federal sales tax on purchases at the State level in return for a reasonable administration fee to the States.
The Congressional findings in the bill went on to say that the Federal income tax we currently have:
(1) retards economic growth and has reduced the standard of living of the American public;
(2) impedes the international competitiveness of United States industry;
(3) reduces savings and investment in the United States by taxing income multiple times;
(4) slows the capital formation necessary for real wages to steadily increase;
(5) lowers productivity;
(6) imposes unacceptable and unnecessary administrative and compliance costs on individual and business taxpayers;
(7) is unfair and inequitable;
(8) unnecessarily intrudes upon the privacy and civil rights of United States citizens;
(9) hides the true cost of government by embedding taxes in the costs of everything Americans buy;
(10) is not being complied with at satisfactory levels and therefore raises the tax burden on law abiding citizens; and
(11) impedes upward social mobility.
These two bills would remove the albatross around the American people's necks that is the national debt and free us from generations of this debt.
It doesn't stop at the US borders either. Other countries are making moves to do the same and cut the debt-drowning ties with central world banks.
THE FED TO BE AUDITED - THE IRS TO BE ABOLISHED
Keep 100% Of Your Paycheck
Now think about this for a second. You work hard for your money and each year it has less and less buying power. What if there was only one flat tax to pay on purchases only. Not on your income that you earn.
You would get 100% of your paycheck and only pay taxes when you buy things. If you're rich and buy a lot of things you would pay more and if you bought less you would pay less. How fair is that?
Can you think of anyone who would be against that kind of a tax system except maybe the rich?
Now ask yourself. If we enacted this as the law in the US would we be better off as a people? Would the rich be paying their fair share of taxes? Would the poor keep more of their paycheck?
Now ask yourself, who is doing everything to stop Trump from doing this and what do they stand to gain if they succeed? Why don't they attack the idea of a flat, fair tax if it's such a crazy idea? I think because it's not a crazy idea, it's a really good idea that working people from all backgrounds and economic statuses can get behind and if the people get behind a good idea that benefits us all there's no stopping us.
That's why they attack Trump about everything except this. This idea is not in the mainstream news at all. Think about it. With the media looking for everything they can possibly come up with to find ways to throw Trump under the bus, they don't touch on this topic at all.
I find that surprisingly obvious that they want to hide this development from the American people and keep us focused on topics that divide us.
How would you feel if you kept all of your pay and only paid taxes when you spent money? How would this change your life? How would it change the cost of goods and services if employers didn't have to pay income taxes? Think about it. Would you support this idea?
When the Fed was created it was actually an act of treason and all tax money collected since it's inception do not get distributed to the American people. We need to go back to a National Bank to help the whole country. This video explains it better.
I would prefer this method of taxation found here https://abettereconomy.org/
Its a tax on deposits, which is a much broader base than income. Not quite for all the other things they promote but would definitely like to see this type of taxation,.
Looks interesting. I tried the wizard on the site but it doesn't really explain how it works in detail.
A tax on purchases would be good as those who spend more would pay more and those who spend less would pay less. Wealthier people would pay more and one would get 100% of their paycheck, only paying taxes as they purchase.
I mean, I am a trump supporter, but I will recieve 10 grand back in taxes this year when I only paid about 100 dollars. So the tax system as is greatly benefits me.
How did you only pay 100 and get 10,00 back?
Not one cent of the so called income tax has ever been applied to the national debt of the United States. All the money collected by the IRS has gone straight to the Federal Reserve System, a private banking monopoly. Proof of this statement was decided by the U.S. Ninth Circuit Court of Appeals late 1992, court case 'Lewis vs United States' stating, "The Federal Reserve Banks are privately owned, locally controlled, separate corporations, having absolutely nothing to do with the Federal Government of the United States of America. The fact that the Federal Reserve Board regulates the Reserve Banks does not make them federal agencies under the Act. (H.R. report No. 69, 63 Congress, 1st Session 18-19).
That is correct. The fed steals the wealth of the people and controls the economy of the nation. It is parasitic and unconstitutional.
We need to get rid of it and go back to a national banking system and issuing our own money.
All this started when politicians sold out and gave control of the monetary system to a group of private western Rothschild central banks. Wages and jobs have been declining over all these years of central banking reign. This is in part because currencies are constantly, by design, losing value through inflation. – Since the central bank was implemented, things have gone from bad to worse, and they are getting a lot worse every day, as there is no desire for improvement.
The recession of 2008 never ended. It is still going on today without any progress in the foreseeable future. People are never being able to return to the standard of living they had before 2008, as the entire economic system is deteriorating very quickly.
Bear in mind, this monetary system is debt-based. The central banks need debt to issue new currency out of thin air. Of course, the entire system is a complete fraud, and it is now entering its final stages, since no new debt is forthcoming. That is why the Deep State, who owns the central bank for their funding, want to start WW3, to blame the failure of the system on war as they have done in the past. But people don’t want more war and President Trump knows all that, so that eventually, this may prove to be the reason the federal reserve is forced close its doors.
Preach .. love it!!
I am with you 100%
Correct and charge interest on that worthless paper.
There are so much idiocracy and people arguing when the truth is in front of them and they just want to say Conspiracy theory..
Yes, they harvested homes in the 80's... all part of the plan.
.haha! Nice to meet you.
The IRS is broken. :) There is much I could say but we both agree to agree.
What a concept. People awake and happy. :)
They harvest all the wealth in the end because while they loan money out of thin air to governments and charge interest, which is how money is created, they don't create the interest needed to pay the loan. This insures that some of the borrowers will default on their loans. There's not enough money for all the loans to be paid back with interest. Like playing musical chairs some will be left out and have to claim bankruptcy leaving the winners able to buy the losers assets for pennies on the dollar.
It's crazy the people call it a conspiracy. One only has to look and see that only the principle of the loans are added to the money supply but not the interest. The only was ever loan can be paid back is to borrow more and keep the debt cycle going. This is not sustainable and must collapse.
Pretty ambitious idea for sure. Wasn’t aware this was a campaign pledge either.
The Federal Reserve is not part of the US government. They are a private banking cartel controlled by globalists like the Rockefellers and Rothschilds that in 1913 have taken over the money supply of the nation to manipulate our economy, control our politicians, public policies, industries, and trade deals for their own interests, not the interests of the citizens of the US.
The drafters of the constitution warned us how giving control of our money supply to central banks was more dangerous to the freedom of the people than standing armies.
Presidents have traditionally refrained from talking about the Federal Reserve even though our Constitution clearly makes it illegal to even borrow money from a foreign bank which is what the Fed is essentially. The two presidents in our history that tried to remove central banks were Lincoln and Kennedy who were both assassinated, so you can understand why Presidents have been mute on this subject. Plus, if the economy goes to shit presidents can blame the fed for it if they stay out of that discussion.
Sounds like a great plan. It does not surprise me that his opposition does not want it. Evil never likes to be corralled. LOL Thanks so much.
Actually, in Mexico there is an income tax. It's called Impuesto Sobre la Renta (ISR).
https://www.elcontribuyente.mx/2017/05/que-es-el-impuesto-sobre-la-renta-isr/
Yes, I pay it. But it's just one tax, not a Federal, State, and local tax like in the US and it is a flat rate
The rate can vary between 1.9% and 30%. On top of that you need to add 8% or 16% for IVA (Impuesto al Valor Agregado) when applicable. So it's not that quite simple but it's probably less cumberson than all the taxes in the US.
Much simpler. No filing returns. Just comes out if your check at a flat rate.
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This is extremely interesting! Thanks for sharing, didn't know about this. Love hearing about things like this that get lost in the mix, when they should be at the forefront of our news. Also, I'm in your neck of the woods for now, if you're ever around Playa del Carmen or Tulum, let me know! Would be great to meet up!
I agree this should be front page news. Big news for sure.
Would love to meet up but I'm in Vietnam right now. Have fun in Tulum and Playa.
Ah that's epic! Hope you have a great time in Vietnam. I'll be here for another two months at least, so if you're back before then, hopefully we can meet up!
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