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Sogo

(6,953 posts)
Wed Apr 2, 2025, 08:47 PM Apr 2025

Trump hinted at his overall plan this evening when he said that in 1913

"for some unknown reason" they instituted the income tax. IMO, he's planning to end income tax and replace it with these tariffs, which are essentially a VAT tax.

He has actually said on occasion that he would get rid of income taxes.

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Trump hinted at his overall plan this evening when he said that in 1913 (Original Post) Sogo Apr 2025 OP
Most people don't even pay income tax. Upper incomes do. Hmmmm 617Blue Apr 2025 #1
uh huh. That is why the average person pays more in taxes than niyad Apr 2025 #4
Guarantee much of MAGA thinks payroll taxes are income tax. 617Blue Apr 2025 #6
The people who don't pay federal income tax - mainly those who earn less than $30,000, Ocelot II Apr 2025 #8
originally, I thought this was the poster's honest opinion stopdiggin Apr 2025 #11
He wants to shift the burden from upper income to lower. * 617Blue Apr 2025 #15
okay. and that's if we're going to go out on a limb stopdiggin Apr 2025 #17
The lower income people will now be paying taxes in lieu of income taxes. Sogo Apr 2025 #12
He can't do it; that would require an act of Congress. Ocelot II Apr 2025 #2
Well, he's doing all kinds of things the he can't legally do, that require acts of Congress. Sogo Apr 2025 #3
The way these guys operate, who knows. unblock Apr 2025 #5
Isn't this Congress' job? C_U_L8R Apr 2025 #7
VAT, tariffs and high prices Historic NY Apr 2025 #9
Not suggesting it's a substitute for a sales tax, but in TSF's mind a possible substitute for INCOME taxes. Sogo Apr 2025 #10
States and localities will still keep their sales taxes. Historic NY Apr 2025 #13
Agree. Sogo Apr 2025 #14
KNOWN reason: Tariffs fell most heavily on those who could least afford them. Income tax was preferred by most Americans eppur_se_muova Apr 2025 #16

niyad

(129,334 posts)
4. uh huh. That is why the average person pays more in taxes than
Wed Apr 2, 2025, 08:53 PM
Apr 2025

corporations and the wealthy do.

Ocelot II

(128,841 posts)
8. The people who don't pay federal income tax - mainly those who earn less than $30,000,
Wed Apr 2, 2025, 08:59 PM
Apr 2025

many elderly people and single people with children - still have to pay FICA and various sales taxes, including the federal gasoline tax, and state income tax. Sales taxes are regressive.

stopdiggin

(14,919 posts)
11. originally, I thought this was the poster's honest opinion
Wed Apr 2, 2025, 09:17 PM
Apr 2025

I'm now leaning toward sarcasm - and a paraphrasing of some silly right wing cant.
( because, honestly who is that deaf, dumb and - blissfully ignorant ? )

stopdiggin

(14,919 posts)
17. okay. and that's if we're going to go out on a limb
Thu Apr 3, 2025, 10:53 AM
Apr 2025

in ascribing coherent motivation ... (rather than just the vicious 'tear it all down' that seems to feature rather prominently .. )

( the idea that the compensation people receive for their labor - is not considered income, or taxed .... doesn't sit very well in this corner. sure looks different than that on most of the 1040s I've ever run across. )

Ocelot II

(128,841 posts)
2. He can't do it; that would require an act of Congress.
Wed Apr 2, 2025, 08:51 PM
Apr 2025

Specifically, the repeal of the Internal Revenue Code. He can't do it by EO.

Sogo

(6,953 posts)
3. Well, he's doing all kinds of things the he can't legally do, that require acts of Congress.
Wed Apr 2, 2025, 08:53 PM
Apr 2025

It seems we'll just have to stay tuned....

unblock

(55,859 posts)
5. The way these guys operate, who knows.
Wed Apr 2, 2025, 08:54 PM
Apr 2025

*Legally*, you're right of course.

But these clowns could just fire everyone at the irs. Hell, they'll destroy everyone's returns.

Or maybe they'll only do that for donors....

C_U_L8R

(48,795 posts)
7. Isn't this Congress' job?
Wed Apr 2, 2025, 08:56 PM
Apr 2025

This wartime nonsense needs to be challenged. And these idiotic tariffs squashed. And if the GOP had any sense at all, they'd jettison Trump along with his pudgy bearded bully with the eyeliner.

Historic NY

(39,579 posts)
9. VAT, tariffs and high prices
Wed Apr 2, 2025, 09:00 PM
Apr 2025

value add tax every places along the production chain add their piece of the pie, the consumer in the end pays for it all. This is a consumption tax its more likely to cause more pay for those that can least afford it. The rich don't but much small ticket stuff. A trip to Walmart means paying more, a trip to buy a chair means you pay more, buying small appliances, means more.....etc It isn't a substitute for a sales tax, you'll still have that too.

Sogo

(6,953 posts)
10. Not suggesting it's a substitute for a sales tax, but in TSF's mind a possible substitute for INCOME taxes.
Wed Apr 2, 2025, 09:08 PM
Apr 2025

nt

Historic NY

(39,579 posts)
13. States and localities will still keep their sales taxes.
Wed Apr 2, 2025, 09:43 PM
Apr 2025

by eliminating income tax the rich will get to keep more of their money as they are not likely avid weekly consumers. They spend less and will keep more.

Sogo

(6,953 posts)
14. Agree.
Wed Apr 2, 2025, 09:46 PM
Apr 2025

This is a means to shift any tax obligation from the top earners to the low income earners.

eppur_se_muova

(40,865 posts)
16. KNOWN reason: Tariffs fell most heavily on those who could least afford them. Income tax was preferred by most Americans
Thu Apr 3, 2025, 09:07 AM
Apr 2025

Matt Dowd explained this on Nicolle's show yesterday.

https://www.msnbc.com/deadline-white-house/watch/-voters-resoundingly-rejected-chainsaw-wielding-billionaire-nicolle-wallace-on-wisconsin-election-236221509865 (discussion begins ~5:00 in)

OOPS, SORRY. Can't find that part of the interview. May have to link to the whole episode, which requires a password.

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