The actions of President Trump combined with early policy initiatives in Congress threaten to kill the federal income tax. If these efforts continue unabated, the current revenue system could collapse, opening the door to two stated goals of many Trump supporters—deep federal spending cuts and some form of consumption tax.
Posts published in “Financial News”
Trump has a plan to abolish the IRS forever — here are 5 crucial things it could mean for your money
Trump has a plan to abolish the IRS forever — here are 5 crucial things it could mean for your money
After rushing to file your taxes before the April 15 deadline, the fantasy of living in a world without the Internal Revenue Service (IRS) might feel especially tempting. It’s certainly on the mind of President Donald Trump, who wants to “abolish the IRS,” according to Commerce Secretary Howard Lutnick.
“A methane vaccine for ruminant animals is internationally recognised as the ‘holy grail’ to deliver methane reduction at low cost and mass scale,” said one…
Congress has released its 2026 National Defense Authorization Act (NDAA) and is preparing to pass the sweeping spending bill, which will give President Trump a total military budget of over $1 trillion.
A global financial shift is underway. Rob Cunningham breaks down the fading dollar system, the rise of gold-anchored digital currency, and new financial rails quietly rolling out. He explains what changes first, who shapes the next system, and how to prepare for the transition.
By Kaley An Obama-era official has been indicted for a plot that sounds like it came straight out of the TV series Ozark. Allegedly, former DEA…
By Topwar The corruption scandal in Ukraine surrounding the “Mindich case” is being quietly hushed up. Ukrainian media speculate that the US- and European-controlled NABU…
By John Nolte Several high-profile Minnesota Democrats allegedly received thousands of dollars in campaign contributions from those behind what is the largest welfare scam in…
And a MacArthur ‘genius grant’ is funding it. By Daniel Greenfield ‘Defund the Police’ always actually meant ‘Legalize Crime’. Which is why it’s accompanied by…
By Summer Lane The much-anticipated newborn “Trump Accounts” for American kids born over the next three years could accumulate some serious value if parents play…
By Noah This is a bizarre one….even for Hollywood! Or “HollyWeird” as some of you call it. So let’s start here….a couple weeks ago reports came…
OAN Staff Cory Hawkins and Brooke Mallory A Hennepin County judge appointed by Democrat Governor Tim Walz has overturned a jury’s guilty verdict against a Somali man convicted…
By Gloriel Howard Tech entrepreneur Michael Dell, founder of Dell Technologies, and his wife, Susan, announced a $6.25 billion contribution Monday to support President Donald Trump’s…
by Kaley Democrats in Illinois just passed a program to send out “guaranteed basic income” to anyone who needs it. This is a separate $500 on top…
By Topwar The European Central Bank (ECB) has refused to provide guarantees for the allocation of a so-called “reparation loan” of 140 billion euros to…
The ECB has refused to backstop a €140 billion loan to Ukraine using frozen Russian funds, the FT has reported By RT International The European…
By Space War European governments have backed a 2.1 billion euro funding package to expand secure satellite communications services, confirming support for space-based connectivity at…
By Kaley As we head into the busy holiday traveling season, Americans are seeing some steep relief at the gas pump. For the first time since Biden took…