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Trump Says America Faces a ‘Once-in-a-Generation Opportunity’ for Real Tax Reform
CNS News ^ | 08/30/2017 | CNSNews.com Staff

Posted on 08/31/2017 5:33:29 PM PDT by ForYourChildren

President Donald Trump said today that he believes America now has a “once-in-a-generation opportunity” for real tax reform and explained the four principles he believes that tax reform should stand upon.

“So this is our once-in-a-generation opportunity to deliver real tax reform for everyday hardworking Americans, and I am fully committed to working with Congress to get this job done,” Trump said in an address in Springfield, Mo.

“And I don't want to be disappointed by Congress, do you understand me? Do you understand?” Trump said.

“I think Congress is going to make a comeback. I hope so,” said Trump. “I tell you what, the United States is counting on it.”

{..snip..}

(Excerpt) Read more at cnsnews.com ...


TOPICS: News/Current Events; Politics/Elections
KEYWORDS: reform; taxes
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1 posted on 08/31/2017 5:33:29 PM PDT by ForYourChildren
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To: ForYourChildren

WALL..?


2 posted on 08/31/2017 5:36:01 PM PDT by gaijin
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To: ForYourChildren

Last time I recall there being this much potential and likelihood for change was in the 1980’s when Reagan was president.


3 posted on 08/31/2017 5:36:24 PM PDT by lee martell
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To: ForYourChildren

Ryan and McConnell could care less.


4 posted on 08/31/2017 5:47:51 PM PDT by Parley Baer
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To: ForYourChildren

All conservatives have been purged from the WH so we are not going to get anything.


5 posted on 08/31/2017 5:48:21 PM PDT by stockpirate (SETH RICH gave the emails to wikikileaks via murdered ex-UK Amb, murdered he was, cover up it is)
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To: stockpirate

The White House isn’t the problem here. CONGRESS is.


6 posted on 08/31/2017 5:53:27 PM PDT by Alberta's Child ("I was elected to represent the citizens of Pittsburgh, not Paris." -- President Trump, 6/1/2017)
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To: ForYourChildren

We in Houston can really use a tax reform/holiday.


7 posted on 08/31/2017 5:57:12 PM PDT by 353FMG
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To: Alberta's Child

Wrong, Rence Prewash loaded the staff and cabinet with deep state globalists, the same type of people in congress


8 posted on 08/31/2017 6:04:18 PM PDT by stockpirate (SETH RICH gave the emails to wikikileaks via murdered ex-UK Amb, murdered he was, cover up it is)
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To: ForYourChildren

GOP better come on in for the big win....or they’re done.


9 posted on 08/31/2017 6:05:40 PM PDT by servantboy777
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To: ForYourChildren
Weather Report Suite - Grateful Dead - Live
10 posted on 08/31/2017 6:12:30 PM PDT by af_vet_1981 (The bus came by and I got on, That's when it all began.)
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To: ForYourChildren
BLS: Americans Spend More on Taxes Than Food and Clothing Combined By Terence P. Jeffrey | August 30, 2017 | 12:18 PM EDT

(CNSNews.com) - Americans on average spent more on taxes in 2016 than they did on food and clothing combined, according to data released this week by the Bureau of Labor Statistics.

https://www.cnsnews.com/news/article/terence-p-jeffrey/bls-average-family-tax-bill-increased-411-4-years

11 posted on 08/31/2017 6:13:02 PM PDT by Grampa Dave (Did voting for Trump for President, make 62+ million of us into Deplorable Racists/Nazis? NO! NADA!)
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To: 353FMG
We always think of European countries as being heavily taxed compared to the U.S., but I'm thinking...no.

I started listing out the taxes, fees, levies, surcharges from state, federal, local taxing entities. I'm thinking Americans tax burden is greater than the majority of nations.

Spend a few moments thinking about all the taxes you pay from all the entities in your pocket...gas taxes to cell phone taxes/surcharges/universal line charge/state-local-federal for each damn line...fica, fit, sales taxes...on and on and on.

12 posted on 08/31/2017 6:14:50 PM PDT by servantboy777
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To: ForYourChildren

And the GOP will say “eh”


13 posted on 08/31/2017 6:27:08 PM PDT by snarkytart
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To: ForYourChildren

>>>America now has a “once-in-a-generation opportunity” for real tax reform

Yet the President is choosing not to release his own tax reform plan. He is leaving the decisions on the details to Congress. This type of leading from behind didn’t work so well with health care.


14 posted on 08/31/2017 6:32:52 PM PDT by oincobx
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To: ForYourChildren

He’s going to run against Congress in 2018.

Very dangerous. Too soon, they will remove him. Too late, he can’t find 435 candidates for the House and 34 for the Senate.

Interesting times.


15 posted on 08/31/2017 6:46:20 PM PDT by Jim Noble (Single payer is coming. Which kind do you like?)
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To: ForYourChildren

Yes we COULD achieve real tax reform and reduction

but not with Ryan, McConnell, McShame, Lindsay, Collins, and so forth

not a chance


16 posted on 08/31/2017 6:53:32 PM PDT by faithhopecharity ("Politicans are not born, they're excreted." -- Marcus Tillius Cicero)
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To: ForYourChildren; Jacquerie; Art in Idaho
Honestly, the most likely way to reform taxed is a Constitutional Amendment, precisely because there are so many vested interests in keeping things complicated: big companies want it because mid- and small-companies can't afford the legal-team/-department to comply and therefore can't legally compete, lawyers want to keep it because it generates work for them, accountants want to keep it because it provides job-security [despite that a good accountant is worth their weight in gold], and government bureaucracies want to keep it because it allows them power, as with all the other myriad and byzantine regulations.

Of the proposals I've seen, I particularly like the one from "Amendment Booklet.pdf" on Art in Idaho's ArtV/CoS list:

Proposals
Tax Reform Amendment Fiscal Responsibility Amendment
Section I
No tax, fee, fine, or judgement —federal, State, or subdivision of either— shall ever be withheld from any wage.

Section II
No property shall be seized for failure to pay taxes until after conviction in a jury trial; the right of the jury to nullify (and thereby forgive) this debt shall never be questioned or denied.

Section III
The second amendment is hereby recognized as restricting the power of taxation, both federal and state, therefore no tax (or fee, or fine) shall be laid upon munitions or the sale thereof.

Section IV
The seventh amendment is also hereby recognized, and nothing in this amendment shall restrict the right of a citizen to seek civil redress.

Section V
No income tax levied by the federal government, the several States, or any subdivision of either shall ever exceed 10%.

Section VI
No income tax levied by the federal government, the several States, or any subdivision of either shall ever apply varying rates to those in its jurisdiction.

Section VII
No retrospective, retroactive, or ex post facto tax, fee, or fine shall ever be valid; nor shall the Congress delegate the creation of any tax, fee, or fine in any way; nor shall Congress give any credit, exemption, or deduction to any person, class of persons, or corporation whatsoever.

Section VIII
No federal employee, representative, senator, judge, justice or agent shall ever be exempt from any tax, fine, or fee by virtue of their position.

Section IX
Any federal employee, representative, senator, judge, justice or agent abridging, attempting to abridge, or otherwise circumventing this amendment shall, upon conviction, be evicted from office and all retirement benefits forfeit.

Section I
The power of Congress to regulate the value of money is hereby rescinded; the unit of money of the United States is the Dollar.

Section II
The value of the Dollar shall be one fifteen-hundredth avoirdupois ounce of gold of which impurities do not exceed one part per thousand.

Section III
To guard against Congress using its authority over weights and measures to bypass Section I, the ounce in Section II is approximately 28.3495 grams (SI).

Section IV
The Secretary of the Treasury shall annually report the gold physically in its possession; this report shall be publicly available. Any five states may commission a third party audit to confirm this report at their own expense.

Section V
The power of the Congress to assume debt is hereby restricted: the congress shall assume no debt that shall cause the total obligations of the United States to exceed one hundred ten percent of the amount last reported by the Secretary of the Treasury.

Section VI
Any government agent, officer, judge, justice, employee, representative, or congressman causing gold, money, or real estate to be confiscated from a citizen shall be tried for theft and upon conviction shall:

  1. be removed from office (and fired, if an employee),
  2. forfeit all pension and retirement benefits,
  3. pay all legal costs, and
  4. restore to the bereaved twice the amount in controversy.

Section VII
The federal government shall assume no obligation lacking funding, neither shall it lay such obligation on any of the several States, any subdivision thereof, or any place under the jurisdiction of the United States. All unfunded liabilities heretofore assumed by the United States are void.

Section VIII
The federal government shall make all payments to its employees or the several states in physical gold. Misappropriation, malfeasance and/or misfeasance of funds shall be considered confiscation and theft.

Note that these two amendments puts an end to (a) fiat currency, (b) the debt/balanced-budget problem, (c) progressive income tax, (d) withholdings, (e) the ATF's stated operational authority [which is justified as taxes on munitions], and (f) allows for the jury to nullify the government's claim while, (g) making things like asset forfeiture a personal liability to those engaging/ordering it.

17 posted on 08/31/2017 7:02:48 PM PDT by Edward.Fish
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To: ForYourChildren

I don’t want 20% of what I make taken from me. (think about that...$2 of EVERY $10 I work hard to make goes to someone who sits on their butt or to pork (redundant).


18 posted on 08/31/2017 8:18:14 PM PDT by Reddy (B.O. stinks)
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To: ForYourChildren

Soccer is the preferred liberal sport because there is little cerebration involved and thinking is too important to allow the lower classes like athletes to do any of it. Football takes planning and options and calculation which is anathema to the liberals, it is just too American.


19 posted on 08/31/2017 9:17:08 PM PDT by arthurus
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To: Edward.Fish

All worthy goals.


20 posted on 09/01/2017 1:22:46 AM PDT by Jacquerie (ArticleVBlog.com)
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