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Trump says Americans may soon pay ‘no income tax’ as White House explores alternative revenue streams
Fox Business ^ | 12/02/25 | Jasmine Baehr

Posted on 12/03/2025 2:32:15 AM PST by Libloather

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To: Bernard

Eliminating the 1040 would require a massive re-write of the entire social welfare system in this country, along with the distribution of what are currently welfare payments who identify as non-refundable credits.


are you trying to say that is a bad thing?


61 posted on 12/04/2025 5:05:01 PM PST by PeterPrinciple (Thinking Caps are no longer being issued, but there must be a warehouse full of them somewhere)
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To: Libloather
"It's time for the United States to return to the system that made us richer and more powerful than ever before," the president said back in January. "Instead of taxing our citizens to enrich foreign nations, we should be tariffing and taxing foreign nations to enrich our citizens."

It's a simple but revolutionary idea.
62 posted on 12/04/2025 5:05:52 PM PST by Dr. Franklin ("A republic, if you can keep it." )
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To: higgmeister

Yes, LBJ’s creation of Welfare was just before my time on this planet. Agreed the Brits call it the ‘Nanny State’ and many of the problems with Britain today can be linked to the decisions to go socialist after WWII. Clement Attlee was the impetus of that disaster.

Socialism, always seems so attractive, but it always leads to more socialism and then economic collapse. I can’t argue the obvious. However, what do we do now that we have taken peoples money for years and they didn’t have the opportunity to invest it themselves, with entitlements such as SS?


63 posted on 12/05/2025 6:31:33 AM PST by Pete Dovgan
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To: Pete Dovgan
Well, in 1985 I finally quit the tobacco habit cold turkey.

What we do now might be tough love and I'd be for it.

64 posted on 12/05/2025 10:14:18 AM PST by higgmeister (In the Shadow of The Big Chicken! )
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To: Libloather

What a time to be alive. Chief Negotiator is watching from above with a smile.


65 posted on 12/05/2025 2:42:28 PM PST by Principled (Biden is illegitimate and whatever he says can be ignored. )
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To: Taxman

What a time to be alive.


66 posted on 12/05/2025 2:45:02 PM PST by Principled (Biden is illegitimate and whatever he says can be ignored. )
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