Close Menu
    National News Brief
    Tuesday, May 5
    • Home
    • Business
    • Lifestyle
    • Science
    • Technology
    • International
    • Arts & Entertainment
    • Sports
    National News Brief
    Home»World Economy

    The Endless Hunt For Taxes

    Team_NationalNewsBriefBy Team_NationalNewsBriefFebruary 21, 2025 World Economy No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    QUESTION: You may say you do not advise the Trump Administration, but Trump seems to be adopting everything you have laid out, including that income taxes are a barbaric relic from the past that are no longer necessary. He has even publicly rejected Zelensky. When will you tell the truth that you do advise Trump? You have been the only voice calling out Zelensky for what he is.

    George

    Gov Non Defense Spending GDP

    ANSWER: Sorry, I have not advised Trump. Yes, I know many people are reading who are close to him. I  have no such official position. The Founding Fathers prohibited income taxes. The Progressive Movement went after income and openly discriminated against people who made more than they did. The Progressive Party was even on the ticket in 1912, the year before the income tax.

    Trump_proposes_abolishment_of_federal_income_tax_bringing_US_back_to_richest_p

    Trump has stated that between 1870 and 1913 this was the richest period in American History economically. The income tax is Marxist, and the Founding Fathers constitutionally prohibited it for a good reason. It makes everyone report if they even won $100 at the casino. Everything you do is accountable, and now the Democrats ushered in a requirement that every person having any interest in any company must discover that to the Treasury or be fined $10,000 and imprisoned. They want to know everything, and it will never stop there. Janet Yellen wanted to audit transactions down to $600, and if you have any cash app, they must report what you are doing to the IRS.

    Federal Spending as GDP

    It does not matter how much the government collects, it will always spend more. The Democrats cannot run for office without promising to bribe people with free gifts. I have been waiting for the free toaster or TV when you vote Democrat. This is why a gold standard cannot work. You cannot have gold as money unless you completely change the political system. This is what Trump is trying to do. The government is growing, and it will continue to consume more and more of people’s wages, which reduces the available spending capacity of the people, which then reduces economic growth.

    Civil Work Force 1900 1980 New

    When we add all government, including contracted to the government, it grew from 22% to 33%, including state and local. The government is consuming everything. This will only result in the economy’s collapse and a sovereign debt crisis.

    Tax Robbery

    Taxes are no longer necessary, for when money was actually a coin, the king had to get some back to spend again. Today, the government creates money, and if it did not borrow but just printed what it needed, the national debt would be a fraction of its size. This year alone, we will add $1 trillion in interest to keep rolling a debt nobody intends to pay off. There will NEVER be liberty as long as there is an income tax.

     



    Source link

    Team_NationalNewsBrief
    • Website

    Keep Reading

    Canada Is Running Toward Europe As The West Fractures

    Europe’s Inflation Spiral Is Fueling The Depression Into 2028

    The War On Crypto Was Always About Control

    Market Talk – May 4, 2026

    Chatrie V. United States And The Rise Of Geofence Surveillance

    The Euro Devastated Southern Europe And Greece Is Proof

    Add A Comment

    Comments are closed.

    Editors Picks

    Science of exercise: The unexpected benefits of isometric exercises

    July 14, 2025

    Why Personal Responsibility Is the Secret to Effective Leadership

    March 3, 2025

    Trump-Albanese G7 meeting in limbo as ties sour over Israeli sanctions, AUKUS pact

    June 13, 2025

    This startup is removing carbon from a polluted New York City river

    November 26, 2024

    Simplify The Tax Code | Armstrong Economics

    November 21, 2024
    Categories
    • Arts & Entertainment
    • Business
    • International
    • Latest News
    • Lifestyle
    • Opinions
    • Politics
    • Science
    • Sports
    • Technology
    • Top Stories
    • Trending News
    • World Economy
    About us

    Welcome to National News Brief, your one-stop destination for staying informed on the latest developments from around the globe. Our mission is to provide readers with up-to-the-minute coverage across a wide range of topics, ensuring you never miss out on the stories that matter most.

    At National News Brief, we cover World News, delivering accurate and insightful reports on global events and issues shaping the future. Our Tech News section keeps you informed about cutting-edge technologies, trends in AI, and innovations transforming industries. Stay ahead of the curve with updates on the World Economy, including financial markets, economic policies, and international trade.

    Editors Picks

    Canada Is Running Toward Europe As The West Fractures

    May 5, 2026

    Stevie Nicks’ Met Gala Debut Sparks Beyoncé Collab Rumors

    May 5, 2026

    Race to find port for cruise ship battling deadly rodent virus

    May 5, 2026

    Microsoft, Google, xAI give US access to AI models for security testing | Business and Economy News

    May 5, 2026
    Categories
    • Arts & Entertainment
    • Business
    • International
    • Latest News
    • Lifestyle
    • Opinions
    • Politics
    • Science
    • Sports
    • Technology
    • Top Stories
    • Trending News
    • World Economy
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us
    Copyright © 2024 Nationalnewsbrief.com All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.