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Trump’s Bold Plan: Abolishing Federal Income Tax?
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What if the federal income tax disappeared? In this thought-provoking discussion, we explore the latest updates on Donald Trump’s push to abolish federal income tax and replace it with tariffs or consumption taxes. What could this mean for America’s economy, debt, and the average citizen? We’ll also dive into the historical context, the 'Fair Tax Act,' and its potential impact on the Federal Reserve’s power.
💡 Key Questions:
1️⃣ Is abolishing income tax realistic given the federal debt?
2️⃣ How would a national consumption tax affect citizens and businesses?
3️⃣ What role does gold and sound money play in Trump’s ‘Golden Age’ vision?
Stay tuned for an engaging, no-nonsense take on America’s shifting financial future. Don’t forget to like, share, and subscribe for more insights!
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DISCLAIMER: The financial and political opinions expressed in this video are those of the guest and not necessarily of "Rethinking the Dollar." Views expressed in this video should not be relied on for making investment decisions or tax advice and do not constitute personalized investment advice. The information shared is for the sole purpose of education and entertainment only.
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