No Income Tax?
By Steve Beckow
You and I know that what President Trump is hinting at here is one of the provisions of G/NESARA – no income tax; only a 14% tax on non-essential new items. (1)
Perhaps the white hats will allow the election so that everyone can see President Trump won fairly and any talk of him dictatorially taking over will have no traction.
Or perhaps they’ll run the election to expose the fraud. Whatever the case, it’ll be interesting to see if, between now and then, President Trump doesn’t also “promise” other elements of G/NESARA.
If the Democrats won, as far as I can see, there would be no G/NESARA.
Trump Hints at Eliminating Federal Income Tax — Explains How He’d Replace The Tax Revenue
Patty McMurray, The Gateway Pundit, Oct. 24, 2024
(https://www.thegatewaypundit.com/2024/10/trump-hints-eliminating-federal-income-tax-explains-how/)
First, he proposed no tax on tips, then no tax on overtime for hourly workers, and now, the man who connects more with the lower, middle, and upper earners than any President in recent history, is talking about giving every American the biggest tax break they’ve ever experienced—NO tax—at least no federal taxes.
Earlier this week, President Trump stopped by a Bronx barbershop with Fox News personality Lawrence Jones. There, he talked about inflation and taxes with the all-male clientele, barbers, the barbershop’s owner, and his father.
One male barber asked President Trump, “Do you believe that at some point and time, once the country’s back on its feet, and getting enough revenue, and paying off our debt, do you think it’s possible to find a way to eliminate federal taxes?”
Trump said, “There is a way! There is a way!” he repeated, explaining, “You know, in the old days, when we were smart, a smart country—in the 1890s, our country was relatively the richest it ever was.” He continued, “It had all tariffs; it didn’t have an income tax.”
“Yes, sir,” the barbershop customer replied.
“Now we have income taxes, and people, they are dying! They have taxes and don’t have money to pay their taxes. You know, in the old days, 1890 and 1880, we had so much money, they had to set up committees, blue ribbon committees—how to spend our wealth!” Trump explained to his audience at the impromptu barbershop town hall.
“We had no idea how to spend it; it was so much money!” he exclaimed. “Then we went to the income tax system, and the rest is sort of history,” Trump said, adding, “But no, there is a way——If what I’m planning comes out—“ President Trump said, as he paused to compliment the barbershop customer, “That’s a great question, by the way,” he said, adding, “You’re a pretty sophisticated cat!”
The barbershop customer who asked the question responded, telling President Trump, “Everyone could attain the American dream if it wasn’t for the burden of high taxes. And we tax it every step of the way, when we make it, and when we spend it!” Trump interrupted, “And regulations!” adding, “So, I cut more regulations in four years than any other president!”
Is it possible to replace the federal taxes with tariffs?
[Yes, with G/NESARA.]
Tax Notes contributing editors Robert Goulder and Joseph J. Thorndike recently explored former President Donald Trump’s tariff proposals.
Here is the transcript from their discussion on Forbes:
(For the rest of the conversation, go to https://www.thegatewaypundit.com/2024/10/trump-hints-eliminating-federal-income-tax-explains-how/.)
Steve Beckow
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