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Historic NY

(39,611 posts)

13. States and localities will still keep their sales taxes.

Reply to Sogo (Reply #10)

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.

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Trump hinted at his overall plan this evening when he said that in 1913 [View all] 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