Randall Webmaster Posts: 200819 From: I hold a Juris Doctorate (J.D.) and a Legum Magister (LL.M.)! Registered: Apr 2009
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posted March 07, 2025 07:30 PM
This is the date all reciprocal tariffs begin. The External Revenue Service is going to not only going to collect hundreds of billions of dollars, but it is going to bring back investments, manufacturing, drug production, and millions of new jobs. This is the beginning of the end of the Internal Revenue Service. I’ve always loved the idea of a national sales tax. The problems were that each state would have to collect it and that it would cover almost every product. Over time, the savings of no income tax and it’s record keeping and filing costs for big corporations, combined with the free market of goods, would lower enough to cover the tax. But it would be an uncomfortable transition. And people are so invested in that tax refund mentality. But tariffs solve all of those problems.IP: Logged |