Trump Wants To Eliminate Income Taxes

See: Trump Wants To Eliminate Income Taxes: 5 Ways This Could Impact Your Salary in 2025

February 22, 2025

"During President Donald Trumpā€™s successful campaign bid last year, he proposed eliminating individual income taxes for all Americans and paying for the lost revenue by increasing import tariffs."

Well, if Trump is really sincere in wanting to do that, perhaps he ought to support The Fair Share Balanced Budget Amendment:
.

ā€œSECTION 1. The Sixteenth Amendment is hereby repealed and Congress is henceforth forbidden to lay any tax or burden calculated from profits, gains, sales, interest, salaries, wages, tips, inheritances or any other lawfully realized money.



NOTE: these words would return us to our Constitutionā€™s original tax plan as our Foundersā€™ intended it to operate! They would also end the experiment with allowing Congress to lay and collect taxes calculated from lawfully earned ā€œincomesā€ which now oppresses Americaā€˜s economic engine and robs the bread which working people have earned when selling the property each has in their own labor, not to mention the amendment would end federal taxation being used as a political weapon to harass and attack political opponents!



ā€œSECTION 2. Congress ought not raise money by borrowing, but when the money arising from imposts duties and excise taxes are insufficient to meet the public exigencies, and Congress has raised money by borrowing during the course of a fiscal year, Congress shall then lay a direct tax at the beginning of the next fiscal year for an amount sufficient to extinguish the preceding fiscal yearā€™s deficit, and apply the revenue so raised to extinguishing said deficit.ā€



NOTE: Congress is to raise its primary revenue from imposts and duties, [taxes at our waterā€™s edge], and may also lay miscellaneous internal excise taxes on specifically chosen articles of consumption [preferably articles of luxury]. But if Congress borrows and spends more than is brought in from imposts, duties and miscellaneous excise taxes during the course of a fiscal year, then, and only then, is the direct apportioned tax to be laid in order to balance the budget on an annual basis.



ā€œSECTION 3. When Congress is required to lay a direct tax in accordance with Section 1 of this Article, the Secretary of the United States Treasury shall, in a timely manner, calculate each Stateā€™s apportioned share of the total sum being raised by the agreed upon apportionment formula found in our Constitution, and then provide the various State Congressional Delegations with a Bill notifying their Stateā€™s Executive and Legislature of its share of the total tax being collected as done on July 14th, 1798 LINK (at the link enter 62 in the box at the top of the page and then press enter on your keyboare), and a final date by which said tax shall be paid into the United States Treasury.ā€



NOTE: our founderā€™s fair share formula to extinguish an annual deficit is:



Statesā€™ population

---------------------------- X SUM TO BE RAISED = STATEā€™S FAIR SHARE OF DIRECT TAX

Total U.S. Population



The above formula, as intended by our founding fathers, is to ensure that each stateā€™s share towards extinguishing an annual deficit is proportionately equal to its representation in Congress, i.e., representation with a proportional financial obligation! And if the tax is laid directly upon the people by Congress, then every taxpayer across the United States would pay the exact same amount!



Note also that each Stateā€™s number or Representatives, under our Constitution is likewise determined by the rule of apportionment:



State`s Pop.

------------------- X House size (435) = State`s No. of Representatives
U.S. Pop.



ā€œSECTION 4. Each State shall be free to assume and pay its quota of the direct tax into the United States Treasury by a final date set by Congress, but if any State shall refuse or neglect to pay its quota, then Congress shall send forth its officers to assess and levy such Stateā€™s proportion against the real property within the State with interest thereon at the rate of ((?)) per cent per annum, and against the individual owners of the taxable property. Provision shall be made for a 15% discount for those States paying their share by ((?))of the fiscal year in which the tax is laid, and a 10% discount for States paying by the final date set by Congress, such discount being to defray the Statesā€™ cost of collection.ā€



NOTE: This section respects the Tenth Amendment and allows each state to raise its share in its own chosen way in a time period set by Congress, but also allows the federal government to enter a state and collect the tax if a state is delinquent in meeting its obligation.



"SECTION 5. This Amendment to the Constitution, when ratified by the required number of States, shall take effect no later than (?) years after the required number of States have ratified it.



JWK



"In matters of power let no more be heard of confidence in men, but bind him down from mischief by the chains of the Constitution. ā€¦ "Thomas Jeffersonā€™s Fair Copy of the Kentucky Resolutions of 1798



.
I like the idea, but honestly, I don't think it's feasible. Our debt is WAY too big for us to lose that revenue. A lot more things would have to fall into place before it could happen.


Face it, we are all slaves to the government
 
I like the idea, but honestly, I don't think it's feasible. Our debt is WAY too big for us to lose that revenue. A lot more things would have to fall into place before it could happen.


Face it, we are all slaves to the government
Eliminating be income tax and instituting a federal consumption tax may cause an economic boom.
 
See: Trump Wants To Eliminate Income Taxes: 5 Ways This Could Impact Your Salary in 2025

February 22, 2025

"During President Donald Trumpā€™s successful campaign bid last year, he proposed eliminating individual income taxes for all Americans and paying for the lost revenue by increasing import tariffs."

Well, if Trump is really sincere in wanting to do that, perhaps he ought to support The Fair Share Balanced Budget Amendment:
.

ā€œSECTION 1. The Sixteenth Amendment is hereby repealed and Congress is henceforth forbidden to lay any tax or burden calculated from profits, gains, sales, interest, salaries, wages, tips, inheritances or any other lawfully realized money.



NOTE: these words would return us to our Constitutionā€™s original tax plan as our Foundersā€™ intended it to operate! They would also end the experiment with allowing Congress to lay and collect taxes calculated from lawfully earned ā€œincomesā€ which now oppresses Americaā€˜s economic engine and robs the bread which working people have earned when selling the property each has in their own labor, not to mention the amendment would end federal taxation being used as a political weapon to harass and attack political opponents!



ā€œSECTION 2. Congress ought not raise money by borrowing, but when the money arising from imposts duties and excise taxes are insufficient to meet the public exigencies, and Congress has raised money by borrowing during the course of a fiscal year, Congress shall then lay a direct tax at the beginning of the next fiscal year for an amount sufficient to extinguish the preceding fiscal yearā€™s deficit, and apply the revenue so raised to extinguishing said deficit.ā€



NOTE: Congress is to raise its primary revenue from imposts and duties, [taxes at our waterā€™s edge], and may also lay miscellaneous internal excise taxes on specifically chosen articles of consumption [preferably articles of luxury]. But if Congress borrows and spends more than is brought in from imposts, duties and miscellaneous excise taxes during the course of a fiscal year, then, and only then, is the direct apportioned tax to be laid in order to balance the budget on an annual basis.



ā€œSECTION 3. When Congress is required to lay a direct tax in accordance with Section 1 of this Article, the Secretary of the United States Treasury shall, in a timely manner, calculate each Stateā€™s apportioned share of the total sum being raised by the agreed upon apportionment formula found in our Constitution, and then provide the various State Congressional Delegations with a Bill notifying their Stateā€™s Executive and Legislature of its share of the total tax being collected as done on July 14th, 1798 LINK (at the link enter 62 in the box at the top of the page and then press enter on your keyboare), and a final date by which said tax shall be paid into the United States Treasury.ā€



NOTE: our founderā€™s fair share formula to extinguish an annual deficit is:



Statesā€™ population

---------------------------- X SUM TO BE RAISED = STATEā€™S FAIR SHARE OF DIRECT TAX

Total U.S. Population



The above formula, as intended by our founding fathers, is to ensure that each stateā€™s share towards extinguishing an annual deficit is proportionately equal to its representation in Congress, i.e., representation with a proportional financial obligation! And if the tax is laid directly upon the people by Congress, then every taxpayer across the United States would pay the exact same amount!



Note also that each Stateā€™s number or Representatives, under our Constitution is likewise determined by the rule of apportionment:



State`s Pop.

------------------- X House size (435) = State`s No. of Representatives
U.S. Pop.



ā€œSECTION 4. Each State shall be free to assume and pay its quota of the direct tax into the United States Treasury by a final date set by Congress, but if any State shall refuse or neglect to pay its quota, then Congress shall send forth its officers to assess and levy such Stateā€™s proportion against the real property within the State with interest thereon at the rate of ((?)) per cent per annum, and against the individual owners of the taxable property. Provision shall be made for a 15% discount for those States paying their share by ((?))of the fiscal year in which the tax is laid, and a 10% discount for States paying by the final date set by Congress, such discount being to defray the Statesā€™ cost of collection.ā€



NOTE: This section respects the Tenth Amendment and allows each state to raise its share in its own chosen way in a time period set by Congress, but also allows the federal government to enter a state and collect the tax if a state is delinquent in meeting its obligation.



"SECTION 5. This Amendment to the Constitution, when ratified by the required number of States, shall take effect no later than (?) years after the required number of States have ratified it.



JWK



"In matters of power let no more be heard of confidence in men, but bind him down from mischief by the chains of the Constitution. ā€¦ "Thomas Jeffersonā€™s Fair Copy of the Kentucky Resolutions of 1798



.
We need to get rid of the IRS completely and collect taxes without ever having to file tax returns.
 
Trump says a lot of things. He knows how to play the rubes.
Yes, absolutely, he's always saying stuff that makes the leftists all run around like chickens with their heads cut off, screaming, "The sky is falling. the sky is falling". And the rubes keep on doing it.
 
See: Trump Wants To Eliminate Income Taxes: 5 Ways This Could Impact Your Salary in 2025

February 22, 2025

"During President Donald Trumpā€™s successful campaign bid last year, he proposed eliminating individual income taxes for all Americans and paying for the lost revenue by increasing import tariffs."

Well, if Trump is really sincere in wanting to do that, perhaps he ought to support The Fair Share Balanced Budget Amendment:
.

ā€œSECTION 1. The Sixteenth Amendment is hereby repealed and Congress is henceforth forbidden to lay any tax or burden calculated from profits, gains, sales, interest, salaries, wages, tips, inheritances or any other lawfully realized money.



NOTE: these words would return us to our Constitutionā€™s original tax plan as our Foundersā€™ intended it to operate! They would also end the experiment with allowing Congress to lay and collect taxes calculated from lawfully earned ā€œincomesā€ which now oppresses Americaā€˜s economic engine and robs the bread which working people have earned when selling the property each has in their own labor, not to mention the amendment would end federal taxation being used as a political weapon to harass and attack political opponents!



ā€œSECTION 2. Congress ought not raise money by borrowing, but when the money arising from imposts duties and excise taxes are insufficient to meet the public exigencies, and Congress has raised money by borrowing during the course of a fiscal year, Congress shall then lay a direct tax at the beginning of the next fiscal year for an amount sufficient to extinguish the preceding fiscal yearā€™s deficit, and apply the revenue so raised to extinguishing said deficit.ā€



NOTE: Congress is to raise its primary revenue from imposts and duties, [taxes at our waterā€™s edge], and may also lay miscellaneous internal excise taxes on specifically chosen articles of consumption [preferably articles of luxury]. But if Congress borrows and spends more than is brought in from imposts, duties and miscellaneous excise taxes during the course of a fiscal year, then, and only then, is the direct apportioned tax to be laid in order to balance the budget on an annual basis.



ā€œSECTION 3. When Congress is required to lay a direct tax in accordance with Section 1 of this Article, the Secretary of the United States Treasury shall, in a timely manner, calculate each Stateā€™s apportioned share of the total sum being raised by the agreed upon apportionment formula found in our Constitution, and then provide the various State Congressional Delegations with a Bill notifying their Stateā€™s Executive and Legislature of its share of the total tax being collected as done on July 14th, 1798 LINK (at the link enter 62 in the box at the top of the page and then press enter on your keyboare), and a final date by which said tax shall be paid into the United States Treasury.ā€



NOTE: our founderā€™s fair share formula to extinguish an annual deficit is:



Statesā€™ population

---------------------------- X SUM TO BE RAISED = STATEā€™S FAIR SHARE OF DIRECT TAX

Total U.S. Population



The above formula, as intended by our founding fathers, is to ensure that each stateā€™s share towards extinguishing an annual deficit is proportionately equal to its representation in Congress, i.e., representation with a proportional financial obligation! And if the tax is laid directly upon the people by Congress, then every taxpayer across the United States would pay the exact same amount!



Note also that each Stateā€™s number or Representatives, under our Constitution is likewise determined by the rule of apportionment:



State`s Pop.

------------------- X House size (435) = State`s No. of Representatives
U.S. Pop.



ā€œSECTION 4. Each State shall be free to assume and pay its quota of the direct tax into the United States Treasury by a final date set by Congress, but if any State shall refuse or neglect to pay its quota, then Congress shall send forth its officers to assess and levy such Stateā€™s proportion against the real property within the State with interest thereon at the rate of ((?)) per cent per annum, and against the individual owners of the taxable property. Provision shall be made for a 15% discount for those States paying their share by ((?))of the fiscal year in which the tax is laid, and a 10% discount for States paying by the final date set by Congress, such discount being to defray the Statesā€™ cost of collection.ā€



NOTE: This section respects the Tenth Amendment and allows each state to raise its share in its own chosen way in a time period set by Congress, but also allows the federal government to enter a state and collect the tax if a state is delinquent in meeting its obligation.



"SECTION 5. This Amendment to the Constitution, when ratified by the required number of States, shall take effect no later than (?) years after the required number of States have ratified it.



JWK



"In matters of power let no more be heard of confidence in men, but bind him down from mischief by the chains of the Constitution. ā€¦ "Thomas Jeffersonā€™s Fair Copy of the Kentucky Resolutions of 1798



.
Only for the wealthy.
 
Leftists love the Income Tax and they hate Cuts in both Spending and Tax Rates. Income Tax is their class warfare tool.

They are like the spouse with no income or less income that spends more than the spouse with more income and and continues to run up debt and then demands of the higher income souse: ā€œYou need to pay your fair share!ā€
 
Eliminating be income tax and instituting a federal consumption tax may cause an economic boom.

I think a consumption tax might be a good idea, the only problem is, depending on how they work it, with ANY tax plan, can make the plan no different than what we have now. Sure, if you have no income tax, but groceries are now taxed at 25%...have you really gained anything.
 
I think a consumption tax might be a good idea, the only problem is, depending on how they work it, with ANY tax plan, can make the plan no different than what we have now. Sure, if you have no income tax, but groceries are now taxed at 25%...have you really gained anything.

Our Founders never intended the necessities of life to be taxed when taxing articles of consumption:

.

ā€œThere is no method of steering clear of this inconvenience, but by authorizing the national government to raise its own revenues in its own way. Imposts, excises, and, in general, all duties upon articles of consumption, may be compared to a fluid, which will, in time, find its level with the means of paying them. The amount to be contributed by each citizen will in a degree be at his own option, and can be regulated by an attention to his resources. The rich may be extravagant, the poor can be frugal; and private oppression may always be avoided by a judicious selection of objects proper for such impositions. If inequalities should arise in some States from duties on particular objects, these will, in all probability, be counter balanced by proportional inequalities in other States, from the duties on other objects. In the course of time and things, an equilibrium, as far as it is attainable in so complicated a subject, will be established everywhere. Or, if inequalities should still exist, they would neither be so great in their degree, so uniform in their operation, nor so odious in their appearance, as those which would necessarily spring from quotas, upon any scale that can possibly be devised.


It is a signal advantage of taxes on articles of consumption that they contain in their own nature a security against excess. They prescribe their own limit; which cannot be exceeded without defeating the end proposed, that is, an extension of the revenue. When applied to this object, the saying is as just as it is witty, that, "in political arithmetic, two and two do not always make four .'' If duties are too high, they lessen the consumption; the collection is eluded; and the product to the treasury is not so great as when they are confined within proper and moderate bounds. This forms a complete barrier against any material oppression of the citizens by taxes of this class, and is itself a natural limitation of the power of imposing them.ā€


Do you have any comments on our Constitution's original tax plan, now being promoted as the Fair Share Balanced Budget Amendment?

.
 
Only for the wealthy.
^^^^^^. Stupidity.
I think a consumption tax might be a good idea, the only problem is, depending on how they work it, with ANY tax plan, can make the plan no different than what we have now. Sure, if you have no income tax, but groceries are now taxed at 25%...have you really gained anything.
a consumption tax would not be bracketed like our current info tax system.

If groceries are taxed, thatā€™s a state issue. Groceries are not taxed where I live.
 
Sen. Thune pushes for no tax on tips


Sen. Thune: House Must Change Budget Plan for Trumpā€™s Tax Cuts

Thune on Tuesday night was asked whether the House budget markup could accommodate Trumpā€™s tax priorities, which include extending tax cuts from his first term and the elimination of federal taxes on tips and overtime work.

ā€œThe House Budget resolution doesnā€™t allow for that but thatā€™ll have to be changed,ā€ Thune said, Politico reported.
 

If the Republicans in Congress stick together, and work to put Trump's plan into action, I think they will pick up a couple more seats in the House and Senate in two years. If they turn on Trump, Republicans will probably lose seats.
 
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