@brutamerica: Trump has hinted that he wants to eliminate income tax for American citizens. But what does this actually mean? Here's a simple explanation of what would happen if Americans did not have to pay income taxes from Brut. journalist, Samuel Asher. #Explainer #Taxes #IncomeTax #Trump #Economics

Brut.
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Tuesday 28 January 2025 21:00:19 GMT
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kali_the_puppy
Kali_the_puppy :
People think buying a house is impossible now… wait until you have a 20% consumption tax. $500k house + $100k tax.
2025-01-29 08:32:47
22
diminguy
Diminguy :
Americans pay the tariffs!! Duh!!!
2025-01-29 03:30:56
15
trevor_m1
TREVORISKING56 :
you'd have to change the constitution (a complicated process) to truly eliminate the income tax
2025-02-03 06:06:16
1
aii_the_way_mae
Mae :
I like filling my income taxes. I get credits.
2025-01-28 21:05:08
8
seth53425
Seth :
So if Tartifs wouldn’t equate to the tax, I would say you’re taxing us too much..
2025-01-29 06:39:46
4
legopieceogps5
LegoPieceOGps5 :
yo
2025-01-28 21:03:35
1
lauralavay3
LauraLavay :
Billionaire’s don’t get it mixed up
2025-01-29 19:29:21
0
ogier1979
ogier79 :
Ohio is talking about doing away with our income tax. Stupid move but here we are.
2025-01-28 21:45:50
1
user6065118465049
user6065118465049 :
Most of MAGA gets yuge income tax returns because they have 5-10 kids
2025-01-28 21:19:06
1
cleantides
Parmesan :
Trump 🥰
2025-01-28 21:19:07
1
terijsz
TeriJazzy :
Ending Social Security.
2025-01-28 21:14:27
1
1977tcedawg
1977tcedawg :
I wish we could deduct car insurance premiums. 🤣🤣
2025-01-28 21:21:11
40
huge8612
HugeHabit :
This just in… If you get more back in a “Return” then you paid, you did not pay any taxes…
2025-01-28 21:14:17
30
playeronejeff
Jefferson Cheng :
Put a cap on property tax or get rid of income tax. Put a small tariff on products initially and increase it on tech products
2025-01-28 21:27:18
8
ak_moonmoon
AKMoonMoon :
So let’s say he removed income tax and plans instead use tariffs, wouldn’t we still have to use that money we gained to pay off the raise in prices caused by tariffs
2025-01-28 21:13:16
8
skully426
Liam Scully :
This is a ridiculous proposal. The average American would pay much, much more to corporations to cover import tariffs, and billionaires would save enormous amounts of money.
2025-01-28 21:50:59
5
diannaofoc
Dianna Lazan :
Tariffs are a tax on US CONSUMERS hurting the poor and middle classes the hardest!
2025-01-29 06:19:11
3
koyfish2018
Koyfish10 :
Trump wants to move to a consumption tax which would destroy the lower and middle class. That type of taxation is the most regressive system possible.
2025-01-29 04:10:28
3
tamtok369
TamTok :
We are taxed on income, taxed on property, taxed on sales, taxed on purchases. One can go. especially if I'm still hitting potholes on the way to my taxed income job.
2025-01-29 03:08:58
3
ryanb064
Ryan :
Let’s gooooo
2025-01-29 00:05:22
3
idontwannagetanaccount
idontwannagetanaccount :
Oh no he meant no income tax for some people, not all. We all know that right? If he does any part of this he will still make poor people pay income tax.
2025-01-28 22:08:04
3
marlahoochhooch
Marla Hooch :
Again, that’s not how tariffs work! Has no one told him yet???
2025-01-29 01:54:01
2
thatotherguy77
thatotherguy77 :
All true. However, I would like the choice to spend that money as i see fit or save it versus the government just taking it and doing things I don’t want with it
2025-01-29 00:52:16
2
sonic75505
Sonic75505 :
There was less federal spending at that period
2025-01-29 00:00:51
2
dogmama_44
🦋🐾Dog Mama🐾🦋 :
How would this restructure affect social security and Medicare benefits? Would that be eliminated as well?
2025-01-29 15:04:34
1
kyleespecial
Halil Ibrahim Ceyhan :
Let's See..😃
2025-01-29 06:17:07
1
miken1488
mikenn1988 :
F canada. With trump back we on good terms with Saudi arabia and OPEC they gonna be pumping oil like crazy for Trump
2025-01-29 05:43:25
1
huntess415
huntess415 :
Great explanation
2025-01-29 03:31:53
1
toddwells60
tdubs277 :
He won’t pass a constitutional amendment eliminating income tax, we will basically just have higher prices and taxes.
2025-01-29 03:06:27
1
sailarmykap
Justin :
less tax=higher prices=businesses produce in america=lower prices=more money for businesses and employees =tariffs working=America not reliant on other countries
2025-01-29 00:11:48
1
dan465642yc
The Great Redeemer :
In
2025-01-29 00:06:43
1
tylerdavismusic
tylerdavismusic :
It’s because he plans to conquer countries and taking their money
2025-01-29 00:02:36
1
alreammsn.com
[email protected] :
well. Trump is leaving soon , very soon
2025-02-06 22:18:24
0
mike.nomad
Old Mr Boston :
what?
2025-01-31 19:38:09
0
deathheadkaiju
Deathheadkaiju :
Personal income tax was introduced to "pay for the war" ww1. it was intended as a "temporary tax." but like all government abuse the government doesn't give up its power voluntary.
2025-01-31 16:59:39
0
shaulyisrael4
ShaulYisrael4 :
16th amendment is the income tax amendment
2025-01-31 14:32:27
0
lorridailey
lorridailey :
I don’t think it will be good. There needs to be restructuring for sure and spending cuts
2025-01-30 16:22:28
0
themortgageyoda
TheMortgageYoda :
Not true on crude oil we are going to pump our own next
2025-01-30 03:47:24
0
mango00071
Mango :
First tax to cut should be FICA.
2025-01-30 00:35:25
0
flowers687999
Kim :
See my page. I have an educational video on no federal taxes !
2025-01-29 21:22:08
0
zackman4869
Zach Joseph Priest-H :
😳
2025-01-29 20:35:56
0
elle.jaye91
Elle Jaye :
However will they fund the military and give Lockheed Martin a billion a year. 😅
2025-01-29 20:28:00
0
joegoldberg_watching_you
Flyguy :
He hasn’t came thru on eggs, gas, or property 😂😂
2025-01-29 14:47:13
0
mattsagona
Matt :
it would take an amendment to replace income tax. good luck.
2025-01-29 13:30:08
0
joeyykinns
joeyykinns :
TARRIFFS DONT RAISE MONEY WITHOUT RAISING PRICES
2025-01-29 12:59:27
0
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