Economy Trump Flirts with the Idea of Getting Rid of The Income Tax

[MLarson]

Trump Flirts With the Ultimate Tax Cut: No Income Taxes at All

The former president has repeatedly praised a period in American history when there was no income tax, and the country relied on tariffs to fund the government.

www.nytimes.com

Trump Flirts With the Ultimate Tax Cut: No Income Taxes at All​

The former president has repeatedly praised a period in American history when there was no income tax, and the country relied on tariffs to fund the government.

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.

I don't see how this would be even possible with all the money it makes and what things the taxes pay for.

Even if we just did through tariffs alone wouldn't other raise tariffs on us?

What say you Sherdog?

 

[Spam On Rye]

Sounds like something Hitler would say.

 

[avenue94]

Might as well start talking about bringing back the gold standard if we're going to go all in on bad economic ideas.

 

[Jar of Flies]

No taxes, why didn’t anyone else think of that? What a genius.

 

[Source]

Are other countries that going to pay for it?

 

[Lycandroid]

no income taxes for anyone making under 100 k

 

[heloder]

Mr. Trump said the country could return to the economic policies in the late 19th century, when there was no federal income tax.

Ah yes, the heady days of the late 19th century, when there were bank runs, recessions, and depressions every two fucking years for eight decades straight.

What a fucking idiot.

 

[HOLA]

Economics and finance, like most areas, have advanced significantly since the 1800's. Going back to the economic policies of the 1800's makes about as much sense as going back to the farming practices of the 1800's.

 

[HOLA]

Are other countries that going to pay for it?

Mexico will pay our taxes right after they're done paying for Trump's imaginary wall.

 

[Deleted member 585708]

Trump Flirts With the Ultimate Tax Cut: No Income Taxes at All

The former president has repeatedly praised a period in American history when there was no income tax, and the country relied on tariffs to fund the government.

www.nytimes.com

Trump Flirts With the Ultimate Tax Cut: No Income Taxes at All​

The former president has repeatedly praised a period in American history when there was no income tax, and the country relied on tariffs to fund the government.

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.

I don't see how this would be even possible with all the money it makes and what things the taxes pay for.

Even if we just did through tariffs alone wouldn't other raise tariffs on us?

What say you Sherdog?

Let me guess.

"Tariffs to all my opponents, no tax whatsoever to people who praise me"?

At least this guy is telling you what he's going to do. He's blindsiding nobody.

 

[Zazen]

No surprise this idiot wants a return to the gilded age. His racist voting base probably wants Jim Crow laws back too. What a great time period.

 

[BJ@LW&WW]

that would be fantastic for people who make a lot of money.

 

[Sweater of AV]

 

[Sweater of AV]

The sad thing is 95% of the War Room is dumb enough to believe this shit.

 

[Grassshoppa]

The sad thing is 95% of the War Room is dumb enough to believe this shit.

Who you callin' stupid?

 

[ShinkanPo]

Economics and finance, like most areas, have advanced significantly since the 1800's. Going back to the economic policies of the 1800's makes about as much sense as going back to the farming practices of the 1800's.

My farms are more farmer than yours!

 

[ShinkanPo]

No surprise this idiot wants a return to the gilded age. His racist voting base probably wants Jim Crow laws back too. What a great time period.

16 hour shefs, no age restrictions. Just pure ole grit and dirt.


What could go wrong? Other countries coul..

 

[Helden]

People want this retard to make economic decisions?

 

[DoctorTaco]

Cool. Let’s all keep more of our earned income to pay the higher price of literally everything imported or made with imported materials.

I also sure hope none of the countries we put higher tariffs on turn around and do the same to us, hurting American businesses.

Or countries simply do less business with America and more with countries that don’t charge them a such a high tariff.

Hell, if our spending classes struggle to keep up with the costs of living then they have less money to spend on non essentials. Shrinking our market would make it easier for those countries to not care if they lose our business.

 

[Satsui Ryu]

Funny how half the country hears shit like this and thinks, yeah this is the guy I want running our country.