USCG VET @USCG_VET_IS_BACK
19 November, 05:18
KABOOM! πŸ’£πŸ’£πŸ’₯πŸ’₯

Trump just announced that Howard Lutnick will be Commerce Secretary πŸ‘€

Do you have any idea how big this is?

Lutnick speaks about eliminating income tax and fund the government solely on tariffs… just like Trump has been hinting at..

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Telesia Birdwell @Telese
19 November, 06:26
In response USCG VET to his Publication
I am trying to wrap my head around this possibility. What a burden it has been. Will businesses and corporations have federal taxes? Sales tax and State tax will still occur for some States. There is so much to unravel.

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USCG VET @USCG_VET_IS_BACK
my understanding is there will be NO income tax across the board just like it was back in the early 1900's i believe is when they created the income tax due to the second world war ( Might of been during or right after the first world war, sorry i can't remember off the top of my head exactly when)
06:29 PM - Nov 19, 2024
In response Telesia Birdwell to her Publication
Only people mentioned by USCG_VET_IS_BACK in this post can reply
arba happihr @arba
19 November, 07:00
In response USCG VET to his Publication
Aloha
This is my understanding too😊
The only taxes will be on brand- new purchases
Cars& houses, etc %17
I don't know the real facts
Yet 😊
πŸ‘‹πŸ’•

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USCG VET @USCG_VET_IS_BACK
19 November, 07:02
In response arba happihr to her Publication
Im no expert either and thats the first im hearing of the only tax will be on brand new things such as you mentioned so im gonna have look into this now over the next 24 hours or so.

Thanks for bringing that info up.

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