OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

This is what the income tax eliminators need to explain.

Posted by ferrett @ 16:14 on December 4, 2025  

If you want to get rid of $2tn of income tax, and tariffs are only producing $0.3tn of revenues, how will you make up the difference?

The deficit this year is closer to $2.5tn with additional Defence and Interest costs alone, without taking the expenditures of the big beautiful bill into account. How will you make up this difference?

You already have a $2.5tn deficit. You are now proposing to almost double that deficit by removing income tax. You have already committed tariff revenue to paying down the national debt of $39tn, which means your beloved tariff revenue must exceed $4.5tn per year to be able to eliminate income tax, eliminate the annual deficit and have some left over for the national debt.

You are totally deluded.

 

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.