Sunday, November 3, 2024

Tax reform will be great but what about those tariffs?

Editor's note: According to several dependable sources Donald Trump will take the White House in a landslide and when he does it has been stated he will eliminate the federal income tax. Wait a minute here. Trump also said he is going to slap heavy tariffs on countries especially on China importing into the US. Eliminating the federal income tax might "supercharge" the US economy but what will tariffs do to the cost on foreign imports? Reduce federal income taxes but then pay much higher prices on imported goods? What about monetary reform first then deal with federal taxes later?
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Trump Wins, Eliminates Federal Income Tax, Economy Booms – This is Important

November 2, 2024 | By Martin Armstrong

Interview: Trump Wins, Eliminates Federal Income Tax, Economy Booms – Martin Armstrong

This was the Tax Reform Proposal for Congress in 1996. It set the stage for the abolishment of the Income Tax, the introduction of the Consumption Tax, and the restoration of the tax system prior to Marxism. The proposal in its entirety is provided here in PDF format, Parts 1 to 6.



Converting Social Security into a Wealth Fund:



This is all great but what about monetary reform?

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