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Trump floats eliminating U.S. income tax and replacing it with tariffs on imports
CNBC ^ | June 13th, 2024 | Emily Wilkins and Kevin Breuninger

Posted on 06/13/2024 5:39:20 PM PDT by shadowlands1960

Key Points

-Donald Trump discussed the idea of imposing an “all tariff policy” that would ultimately enable the U.S. to get rid of the income tax, sources told CNBC.
-He also talked about using tariffs to leverage negotiating power over bad actors, according to another source in the room.
- Trump championed tariffs during his first term in the White House.

Donald Trump on Thursday brought up the idea of imposing an “all tariff policy” that would ultimately enable the U.S. to get rid of the income tax, sources in a private meeting with the Republican presidential candidate told CNBC.

Trump, in the meeting with GOP lawmakers at the Capitol Hill Club in Washington, D.C., also talked about using tariffs to leverage negotiating power over bad actors, according to another source in the room.

The remarks show Trump, who championed tariffs as a foreign policy multi-tool during his first term in office, is considering a drastically more protectionist trade agenda if he defeats President Joe Biden in November.

(Excerpt) Read more at cnbc.com ...


TOPICS: Breaking News; Business/Economy; Constitution/Conservatism; Foreign Affairs; Government; Politics/Elections
KEYWORDS: 16thamendment; fakenews; frnaysayers; incometax; neverhappen; pipedream; priceincreases; repealthe16th; rumormongering; salestax; tariffs; tds; trump
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Winning!

1 posted on 06/13/2024 5:39:20 PM PDT by shadowlands1960
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To: shadowlands1960

Goodbye IRS!

Sweet!


2 posted on 06/13/2024 5:43:11 PM PDT by E. Pluribus Unum (The worst thing about censorship is █████ ██ ████ ████ ████ █ ███████ ████. FJB.)
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To: shadowlands1960

OH HELL YES.
(We’re dreaming, I know, but this country would boom like never before if we eliminated all of the inefficiencies and roadblocks and bottlenecks in our economy that are the direct result of having to plan around the income tax code.)


3 posted on 06/13/2024 5:46:30 PM PDT by irishjuggler
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To: shadowlands1960

Can I vote for him yet?


4 posted on 06/13/2024 5:48:23 PM PDT by Libloather (Why do climate change hoax deniers live in mansions on the beach?)
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To: shadowlands1960

Woohoo! The Constitutional solution!


5 posted on 06/13/2024 5:50:56 PM PDT by Jim Robinson (Resistance to tyranny is obedience to God.)
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To: shadowlands1960

The original plan.


6 posted on 06/13/2024 5:52:28 PM PDT by dljordan (What would Michael Collins do?)
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To: shadowlands1960

Have we ever seen a proposition so ingenious—both practically and politically—in the entire history of our country?


7 posted on 06/13/2024 5:54:04 PM PDT by reasonisfaith (What are the personal implications if the Resurrection of Christ is a true event in history?)
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To: irishjuggler

Senate will be the problem...probably why he’s selling it there.


8 posted on 06/13/2024 5:55:34 PM PDT by shadowlands1960 (We live in a world of intolerance masked as tolerance. RUSH LIMBAUGH)
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To: irishjuggler

VERY good idea.

This exactly the right approach.

Enact this day one, Mr. President.

Trump 2024 🛺


9 posted on 06/13/2024 5:56:53 PM PDT by cba123 (Tôi là người Mỹ. Hiện tôi đang ở Việt Nam)
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To: shadowlands1960

That’s the way it used to be prior to the 16th amendment.

That amendment was the worst thing ever done to this country. It resulted in this bloated, corrupt monstrosity we call the government and the bureaucratic state (deep state).

It make the government the owner of whatever amount of money you make and they just decide how much of it they let you keep.

Repealing it is an admirable goal, but to achieve it the government would have to shrink to a 10th or less the size of what it is today. Fat chance of that happening.


10 posted on 06/13/2024 5:57:55 PM PDT by aquila48 (Do not let them make you "care" ! Guilting you is how they control you. )
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To: shadowlands1960

The tax code is the single largest source of corruption in DC. But we would have to go Article V to take it out.


11 posted on 06/13/2024 5:59:17 PM PDT by rottndog (What comes after America?)
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To: shadowlands1960

Don’t need the Senate...go straight to the states.


12 posted on 06/13/2024 6:00:01 PM PDT by rottndog (What comes after America?)
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To: shadowlands1960

This is a great idea. The income tax is just as immoral as slavery - it robs one of the fruit of one’s labor. Trump will be as great as Lincoln for emancipating us from this evil.


13 posted on 06/13/2024 6:02:19 PM PDT by nwrep
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To: shadowlands1960

The income tax is not about funding the feral government. The amount of income tax collected is completely dissociated from how much they spend.

The purpose the income tax is to punish the people who don’t vote for you and reward the people who do.


14 posted on 06/13/2024 6:02:26 PM PDT by E. Pluribus Unum (The worst thing about censorship is █████ ██ ████ ████ ████ █ ███████ ████. FJB.)
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To: shadowlands1960

Just for warm-ups, let’s start with the 87,000 new IRS agents the GOPe sent us.


15 posted on 06/13/2024 6:03:21 PM PDT by quantim (Victory is not relative, it is absolute. )
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To: shadowlands1960

Yea.... this just might bring back our manufacturing base.


16 posted on 06/13/2024 6:03:24 PM PDT by LastDayz (A blunt and brazen Texan. I will not be assimilated.)
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To: shadowlands1960

50-state landslide


17 posted on 06/13/2024 6:04:07 PM PDT by grey_whiskers ( The opinions are solely those of the author and are subject to change without notice.)
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To: rottndog

Doesn’t the 16th confer an authority without requiring it be exercised? I’m not sure we’d need an amendment to stop collecting income taxes. I wouldn’t be opposed to getting rid of the 16th but we can defang it first.


18 posted on 06/13/2024 6:05:36 PM PDT by shadowlands1960 (We live in a world of intolerance masked as tolerance. RUSH LIMBAUGH)
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To: shadowlands1960

love love love this!


19 posted on 06/13/2024 6:06:43 PM PDT by spacejunkie2001
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To: shadowlands1960

First the income tax, then onto the Federal Reserve!


20 posted on 06/13/2024 6:08:03 PM PDT by mbrfl
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