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Trump Drops Bombshell Overnight - No More Federal Income Tax
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Jan 27, 2025
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hey ladies and gentlemen this is Carmine
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Sabia for explain America and president
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Donald Trump has got some really great
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news for you if you hate paying federal
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income
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taxes before we get started please make
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sure you like comment share and
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subscribe those little things really
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help us out and they help our Channel
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continue to grow and if you're not
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watching us on YouTube please visit that
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address in the lower right hand corner
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it's
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youtube.com/ explain amera and hit
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subscribe absolutely free it really
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helps us
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out president Donald Trump has has
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raised this before but it seems like
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he's getting very serious about it see
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the federal government didn't always
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have income taxes they're actually kind
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of a new
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creation and they certainly didn't have
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graduated federal income taxes but
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what's happening now is the taxes have
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gotten out of control if you guys
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saw what I owe in taxes for last year
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you'd cry it's you could buy a house
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with with some people have to pay for
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taxes it's
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crazy and as you write these enormous
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checks to the government you say to
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yourself what am I getting for this like
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what is this kind of feels like a
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Shakedown operation like a gangster
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style Shakedown for protection money
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that's what it starts to feel like you
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have to pay your taxes that's the law
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but the fact is the government doesn't
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need your taxes to function there are
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other ways it's been proven through
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throughout history that we can function
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without taxes I do believe some form of
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taxes are appropriate but we've gotten
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to a point where people are paying 35
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37% of their income and you say Well
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they're in the upper eela earners so
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what it's still their
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money it's not the government's money
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and it it just doesn't seem right to pay
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that kind of a percentage of your
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income to the government it should be a
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10% flat tax across the board I've
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always proposed that I think that's a fa
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Fair
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an equitable way to do things and so
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somebody paying a million pays a h
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100,000 somebody making a million
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dollars a year pays $100,000 that's a
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lot more tenable than paying
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$350,000 a lot more tenable Trump has a
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plan and I love it I want you guys to
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hear it and let me know what you think
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in the comments young waitress I think
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you can call Young you're probably not
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even supposed to say
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young probably supposed to say a
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waitress but a young waitress came up
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and I said how you doing and in my
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restaurant in the hotel and Trump I said
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how are you doing and she said not great
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because they're after me so viciously
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for tips they just want my tip income
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and they don't believe me and all of
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this and she said it's terrible you know
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sir you should have no tax on tips I
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said
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what said what did you just say no tax
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on tips that was about the amount of my
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consultation
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it's true no tax I said what did you
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just say say those words again sir no
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tax on tips I said you thank you very
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much you just won the
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[Applause]
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election no but no we did Research into
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it I think it's going to be great but
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under the Trump Administration the
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Forgotten men and women of our country
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are going to be forgotten no longer you
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know that they weren't forgotten four
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years ago on day one I immediately
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halted the hiring of any new IRS agents
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you know they
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hired they
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hired or tried to hire
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88,000 new workers to go after you and
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we in the process of developing a plan
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to either terminate all of them or maybe
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we'll move them to the
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Border I think we're going to move him
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to the Border
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well they're allowed to carry guns you
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know they're so strong on guns but these
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people are allowed to carry guns so
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we'll probably move them to the Border
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yeah she said no tax on any how about
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just no
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tax you can do that you know if uh the
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tariffs work out like I think the thing
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like that could happen if you want to
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know the TR you know years ago 1870 to
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1913 we didn't have an income tax we had
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what we had is tariffs where foreign
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countries came in and they stole our
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jobs they stole our companies they stole
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our product they ripped us off and you
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know they used to do numbers and then we
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we went to tariff a tariff system and
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the Tariff system made so much money it
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was when we were the richest from uh
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1870 to 1913 then we came in with the
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brilliantly came in with an income tax
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no we don't want others to pay let's
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have our people pay and then you had the
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depression in 1928 1929 I call it
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1929 that was a bad time but you know
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you didn't have tariffs and you had
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tariffs that ended in
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1913 but uh it's uh it was the richest
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our country ever was that was uh
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President McKinley in fact we're
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renaming the mountain mount mckenley
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[Applause]
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you know what else
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[Music]
#Financial Planning & Management
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