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Posts Tagged: “income tax“
Can Tariffs and DOGE Eliminate the Income Tax?
Freshly-confirmed U.S. Commerce Secretary Howard Lutnick recently appeared on CBS News, declaring that President Trump aims to eliminate income taxes for Americans earning less than $150,000 per year. Lutnick touted Trump’s vision for tariffs to replace the revenue lost from this massive tax cut.
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Idaho Eliminates Income Taxes on Gold and Silver, Cuts Overall Rates
On March 6th, Idaho officially ended state income taxation on gains from gold and silver transactions, as part of the largest tax relief initiative in state history—a sweeping reform that underscores Idaho’s commitment to sound monetary policy amid turbulent economic conditions.
Peter Schiff: The Markets See Stagflation
On Sunday’s podcast, Peter recaps the economic excitement from the tail of last week and the weekend. He starts by analyzing the market’s downturn from Friday and then proceeds to cover more government waste, global interest rates, and the Fed’s policy path moving forward into 2025. He concludes by discussing the legacy of his late […]
Schiff on CapitalCosm: The West Needs to Wake Up
On Thursday, Peter joined Danny at CapitalCosm for an interview. They explore several timely financial topics, including the unprecedented highs in gold prices and the corresponding drops in fiat currencies. Peter critiques the Federal Reserve’s policies and how they fostered America’s dependency on debt and fiat money. They also discuss BRICS countries’ move away from […]
Schiff w/ Mitchell: Fed Policy is Backfiring
Earlier this week, Peter joined Mark Mitchell on his podcast for a conversation on economics and monetary policy. They dive into the economic challenges facing the United States, focusing on structural issues like inflation, debt, and currency devaluation. Peter draws attention to the overlooked surge in gold prices, contrasting it with Bitcoin’s media spotlight, and […]
Peter Schiff: Consumers Trust in Trump
In the latest episode of the Peter Schiff Show, Peter dives into the latest on the U.S. economy and presidential race. He highlights the continued surge in Donald Trump’s polling numbers amid economic troubles, pointing to low job openings and increased consumer confidence as signs that Americans expect change. He also critiques the U.S. dependence […]
New Peter Schiff Interview: Proposed Taxes Are Blatantly Illegal
Peter appeared on OAN’s Real America with Dan Ball to discuss new prospective income taxes, the latest idiotic craze in politics. He starts by explaining why President Biden’s desired policy isn’t even an income tax:
Fun on Friday: Your Daily Dose of Dumb
There’s a video going around on Facebook blaming Trump because tax refund amounts are lower this year. I’m telling you, this video takes dumb to a whole new level!