HOW TRUMP IS TRYING TO FIX AN INSANE AND CORRUPT TAXATION SYSTEM

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KIrk Elliott Offers Wealth Preserving Gold and Silver
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Summary

➡ Dr. John Lake, a renowned beauty expert, has developed a new anti-aging technique that can make you look years younger in just two minutes. He has released a free video explaining how to use this method at home. On another note, the current tax system in America is flawed and unfair, with property and income taxes being particularly problematic. The speaker suggests that these taxes should be eliminated and replaced with tariffs, as was done in the past, to create a more equitable system.
➡ The current economic system is flawed, with the rich often paying less taxes due to loopholes. The author suggests replacing income tax with tariffs or a flat tax, where everyone pays the same percentage regardless of income. He also proposes eliminating property tax and encouraging American manufacturing to boost the economy. The author criticizes the Federal Reserve for manipulating the economy for personal gain and suggests it should be abolished.
➡ After World War II, America became dominant because other nations were destroyed. We can regain this dominance economically, but we need to stop harming ourselves with a corrupt tax system and Federal Reserve that only benefits the rich. This isn’t taught in high school, but you can learn more by signing up for our free newsletter at thecommonsenshow.com, which sends all our news straight to your email. Over 50,000 people already benefit from it, and we never sell your data.

Transcript

Record progress. Well, one doctor says that’s old news. According to Dr. John Lake, world-renowned Beverly Hills beauty expert, most wrinkle fixes don’t work. And so what he’s done is focused his attention away from the mainstream cosmetic practices so he could develop a revolutionary anti-aging breakthrough, one that says that it’ll empty the wallets of the cosmetic industry. It’s about time. Anyway, his clients have dubbed this. Do-it-yourself technique is the age rewinder method because it takes years or even decades off your appearance in under two minutes. And in light of this amazing breakthrough, Dr. Lake has made a step-by-step video, released it to the public, free and uninterrupted, where he outlines exactly how to use this simple solution from home.

All he wants you to do is to share this information if it helps you. It’s pretty cool, isn’t it? There’s testimonials flowing in like crazy. So how do you find out more? This is really easy. All you do is go to BHMD1. That’s the number one. B is in Barry. H is in Harry. M is in Mary. D is in Dave. 1 BHMD1.com slash Dave. Make sure you share the results. You will absolutely love it. Recording in progress. We have a real opportunity in America today to write a horrendous wrong from the past. And the horrendous wrong is our tax system.

And I’m going to divide it up a little bit in terms of my approach, because I’m not going to take the approach that all taxes are evil. Some taxes are necessary and should be collected and used for the betterment of people. But let’s get down to it. First of all, the property tax needs to be eliminated. It’s communist in its origin. Karl Marx made it one of the planks of the Communist Party. Why would we imitate it? It’s because you never own your property. You are a co-owner with the government. But if you ever default on your part, the government comes and takes what you’ve paid into that property and takes it away from you and you must exit.

That somehow doesn’t seem like an equal partnership to me. And then you get to the notion that you have people that work hard to make this country what it is for their entire life. They reach retirement age. They’re on fixed incomes. But because of the illicit practices of the Federal Reserve, which the Federal Reserve is the major cause of inflation, then of course budget deficit, and through no fault of their own, their $300,000 house now becomes a $600,000 house. And the property taxes go up by more than a third in proportion. Oh, that’s right.

In the 70s, when home prices went up 20%, property taxes went up 30%. And people on fixed incomes can’t meet that burden, so they are forced to downsize. And who wins? The banks. The transaction process of one owner to the other is a profit for the bank just in the process itself. And the government gets to levy its customary taxes. So property taxes need to be totally eliminated. They’re discriminatory based on age. They’re discriminatory based on income. And they’re discriminatory if you buy into the fact that all races aren’t created equal with income adjustments.

Well, what you do, you know, you’re discriminatory. Race, age, status needs to be gone. Second thing, the income tax needs to be eliminated. Why should the government doing very little take your money and you get almost nothing back for it? All I have to do is say U.S. aid and doge. Did you not learn enough or were you not paying attention? The money you pay in isn’t coming back to you. So as you drive over that rut that wasn’t fixed and you have to get your suspension fixed or replace a tire, and that’s happened to me, well, where did that money come from that should have, okay, where did it go? It’s just all mixed up, isn’t it? We don’t even know where our tax dollars go.

So what would the government do if it couldn’t tax your income? Well, let’s back up for a minute and before we answer that question, and we will, let’s answer this question. How fair is the tax system that we have? It’s a joke. It’s an absolute joke. When the Federal Reserve people who stole the banking system, and they did, they took it over. Oh, I’m sorry, are you living under the illusion the Federal Reserve is federal? They’re neither federal nor do they have any reserves. They are run by a board of governors.

They are privately owned and maintained. The President doesn’t even get to make his sole choice for who runs the Federal Reserve, even though technically they’re performing a Treasury Department function, and that gives the President executive privilege over that, but he doesn’t get it. They give him five names and say, you must pick one of our five names you cannot bring in your own, and then they arbitrarily set interest rates. They’re not elected. They’re not accountable. They can do anything they want to the economy. They can cause inflation. They can cause deflation.

They can cause a depression. They can do anything they want by controlling the money supply. These are the people who also brought in the graduated income tax, the exact same people. Maybe you want to read the old great book by G. Edward Griffin called The Creature from Jekyll Island. It’s a factual play-by-play of how we got these illicit systems. So we had a 1% tax when this came in, the income tax, the graduated income tax. 1%. Do you pay 1% today? Oh, they said it’ll never go up. 1% is more than we need.

We didn’t need this. Do you know how we paid our bills from around 1800 to 1913 when the Federal Reserve came into being and did their mischief against the American people? You know how we paid our bills? Tariffs. Uh-oh. Does that make sense why the mainstream media controlled by the descendants of these same power groups, why they’re so opposed to tariffs, it’s going to cause inflation. No, it’s going to produce jobs. And the mass production here will lower costs. That’s the effect. Oh, wait a minute. We already have the proof.

Last month, we had the first surplus in decades, $28 billion. Now, it’s not a lot in today’s money government operations for the United States, but it’s not a deficit. And how was it done? Cutting spending and imposing tariffs. Why should Japan be able to sell millions of cars here in the United States? Why? And we get no cars sold in Japan. Does that seem patently unfair? Why should we have a billion-dollar trade deficit with China? Why? Who was the more powerful country? Who could win an economic war of attrition? Well, clearly, we could.

And the foreign governments know it. And we finally have a president who will stand up to these foreign governments. Why hasn’t this happened before? Oh, well, let’s recycle. Gee, if we have to buy tax policy and tariff policy as a owner of a Fortune 500 manufacturing company, have to make our product in the United States, we’ll have to follow the EPA rules. We can’t just pollute the water and soil the air. No, we’re going to have to follow some rules. Secondly, you have to pay people a fair wage. Third, you have to have a safe working environment.

And then the next thing is you have to absolutely produce products that are safe and can stand up to scrutiny of federal inspection. Oh, my goodness. Gee, it might cost these CEOs and their stockholders a little bit of money if they had to do things the right way. So what they do is they shut down the plants here. They move to a foreign country where they can pay a kid $0.10 an hour at best to work on the assembly line instead of going to school. And don’t tell me it doesn’t happen. How many hundreds of documentaries have we seen through the years to show this abuse? Well, we have.

So we have a system that is wholly, wholly, patently wrong, and we could live off terrorists. But before 1913, the Rockefellers and their clan and their colleagues thought, you know, if we could just get some of other people’s money – OPM is what it’s called in real estate – we could do a whole lot more. Let’s get the government to tax the people and then have the government give us make-work projects. Oh, like the war industry. There’s always a threat out there. Do you know the Soviet threat, the nuclear threat? Although real was exaggerated by an estimated 68 percent.

The CIA lied to the American people. They lied to the government officials. And so we overproduced. And we always seem to jump from one war to another, don’t we? This is what Dwight Eisenhower, when he left office in his farewell speech, said, beware of the military-industrial complex. And this is just one example. Let’s back up to the Rockefeller era, okay, the John Rockefeller era, and then his son. So the Federal Reserve comes into play in 1913 with the graduated income tax accompanying it. That’s not a coincidence. And then we get to the Depression, the CCC, the Civilian Conservation Corps.

Let’s put young men to work building parks so we can pay them because the economy sucks, the economy that we caused to crash. Okay, now, having said that, who made the money off these make-work projects, like building the Hoover Dam? I’m not arguing that wasn’t somewhat valuable, but who made the money, borrowed money, creating to a national deficit in the beginning? Do you know in 1800, the dollar was the same value in 1913? Today, under this existing system, the dollar is worth less than three cents. So we’ve talked about property tax.

Okay, let’s get into how an income tax is structured. It looks on paper like you don’t pay as much as the rich. Well, let’s be honest. The poor don’t pay anything because they don’t have anything to pay. Okay, who pays the majority of taxes in this country? Lower-middle, middle-the-most, upper-middle-the-second-most, upper-class, very little. Why? Because the system is corrupt. They build in escape clauses from taxes that only the people who have real money and are rich enough can meet those obligations, whether they’re offshore savings accounts that are never investigated, or it’s charitable foundations where they give away money to themselves to avoid paying taxes.

Now, they make it legal, but it sure as heck is unethical. And so you have, what was it Blumenthal said several years ago that my secretary, who makes $40,000 a year, pays more taxes than I do. The system is corrupt. What would you replace it with, Dave? Well, first of all, I would do away with the income tax altogether, and I’d replace it with tariffs. And Trump is already showing this is working. This is absolutely working. If you couldn’t do that, then you’d have a flat tax with no deductions. And I mean no deductions.

Well, okay, maybe one exception, but once you make one exception, then you make two, then you make ten, and then we’re back to the rich paying no tax. What you could do is maybe have a medical exemption. If your medical expenses exceed more than 2.5% of your total gross income, then you get a tax break on what you pay into the medical. Okay, I could live with that. But the reality is it should be a flat tax. If you make a billion dollars a year, you pay 10%. If you make $100,000 a year, you pay 10%.

If you make $10,000 a year, you pay 10%. Isn’t that the most fair system? The system is wholly corrupt with its exemptions. And the creatures at Jekyll Island knew exactly what they were doing when they set it up. But what we need to work for is no taxes. We have an insane system here in America. It’s crazy. It’s absolutely insane. Flat tax or no tax, and then have tariffs become a big part of it. When you are the biggest kid on the block, you get to set some rules. And you tell other countries, no, actually, if there should be a trade imbalance, it should be for our benefit, not for you.

And oh, by the way, before you can buy an American good, you also have to purchase it in dollars. Uh-oh, that’s Bretton Woods in 1943 that made the dollar of the world reserve currency. This is how you save the dollar. I don’t think I’m going to be right on this because I’m not in control of the process. But you don’t need to be involved in a goldback currency, although I would favor that if we made that shift. But what do you do with the debt? That’s the overhanging problem. But I don’t think you need to have digital currency.

I think it’s dangerous in the wrong hands. It becomes economic tyranny. It’s an economic dictatorship if the wrong people get in charge. I don’t fear Trump, but Trump really needs to reevaluate his relationship with Peter Thiel because what Peter Thiel wants is going to give us economic tyranny like we’ve never seen before. So what you do is you make the other countries of the world, you’re going to have to buy American because we’ve brought our manufacturing home. Okay, good luck. Go ahead and start up. How many of your businesses are going to fail in that startup process? Oh, about nine and ten.

So it’s easier to buy American products and pay the tariff on top and you’re still ahead if you’re a foreign country. It’s a pretty simple system, but it’s been convoluted. And let’s go to the topic of illegal migration for a second. Okay, there’s no question. Through the years, the centuries of America, immigrants have made our country much better than it would have been without them. I totally agree with that. But what happened with legal immigration, like what my family had to go through, seven years of naturalization, not getting in trouble, not breaking the law, and passing a test on U.S.

history, the Constitution, and some English proficiency at some level where you can interact in society. And they offered courses for this. If you go back to the old sitcoms of the 60s and 70s, you see some evidence of these courses. We don’t have them anymore. Why? Because corporations want to hire under the table so they don’t have to pay workman’s comp. They’re not bound by any union restrictions. They don’t even have to pay minimum wage. And they don’t have to maintain worker conditions because who are they going to complain to? Someone that might deport them? Yeah, it’s totally unfair to how immigrant workers are treated.

And see, we don’t have any talk about that anymore. Under the Bush administration, when he opened up the floodgates, not as bad as Biden, but he did, Bush did it on behalf of the cronies that got him into Washington. The Fortune 500 companies, they wanted cheap labor. He also gave him prison labor, and that’s another topic for another time. But people forced to work under very difficult conditions in prison to support the profits of the Fortune 500. I covered that extensively about 12 to 15 years ago. But I’m going to leave that aside and stick right with the taxation aspect of it.

But illegal immigration enters into this because this is why these people are here to save money. And then there’s the illicit, underground, dark cartel stuff. I’m not entering that into this discussion because that’s a law enforcement issue. What I’m talking about is a restructuring of the economy. Number one, no property tax. Number two, no income tax. Number three, tariffs. And that way you force American manufacturing to come home, and all of a sudden we have a boom. The unemployment is going away. In fact, under Trump, the first three years of Trump, black people, Hispanics, and women, all experienced record income gains and the lowest unemployment rate for each of those demographic groups in American history.

That was fantastic. That’s when America is living out its dream, its promise to its people. And it’s going to happen again. But the powers that be that make money off this illicit system, they’re fighting Trump tooth and nail. Yeah, isn’t it interesting? Everyone says Trump is in the hip pocket of Wall Street. Oh, no, he’s not. That is the most uninformed opinion I’ve ever heard. He is very much working against them, but he’s also saying, here’s your stick. It’s the tariffs. And we’re cutting down on illegal immigration. So you’re going to lose out on that aspect too.

But if you come back to America with your manufacturing, you’re going to get great tax breaks in a growing economy. Well, many corporations figured that out on his first term, but the old guard doesn’t like it. And certainly the Federal Reserve hates it. They want to be able to manipulate the country for their own personal benefit. So let’s go back to David Rockefeller, the late David Rockefeller. He would sit on the board, sometimes be the president of the Federal Reserve branch in New York. He had business interests across the country, multilevel stuff.

It was unbelievable, his power. And one stroke of the pen from the Federal Reserve could increase his profits or decrease his profits. It could increase his profits to the detriment of the American public. What do you think he did? What do you think they all are doing today? Why is Jerome Powell in an economy that has now balanced its budget on a monthly basis? Why is he continuing to keep interest rates high? Because he is sabotaging the Trump administration on behalf of the cronies that run the Federal Reserve. See, I think the Federal Reserve should be done away with.

It’s not a branch of the government. It’s an artificial creation. That’s an unofficial fourth branch of the government. What the Federal Reserve does is what the Treasury Department and the Secret Service are supposed to do, controlling and printing money. The Constitution of the United States says, Congress shall coin money. It doesn’t say the Federal Reserve shall coin money and set interest rates and manipulate the system to their benefit. See, this is the kind of education that needs to take place. What was it like from 1800 to 1913? America went from a hole-in-the-wall third world country in contemporary terms to a raging juggernaut by the time the Federal Reserve came in.

America was just flexing its muscles and becoming a power player on the world stage. Then along came the Federal Reserve and retarded that growth. We got back to dominance after World War II because the other nations of the world were destroyed. It was pretty much us that were untouched. Europe was in ruins. A lot of Asia was in ruins. Central and South America, no factor because their economies were so far behind anyway. And it was just us. Well, we can make it just us again without firing a shot, having won war. We could just do it economically.

But we can’t keep defeating ourselves as a nation on behalf of the few rich that benefit from a corrupt tax system and a corrupt Federal Reserve. It’s pretty simple. But see, these are the lessons you didn’t learn in high school. These are the things you don’t learn about how the system works generally until you take your graduate courses in economics. Because if that wasn’t true, then why don’t more people know what I’m talking about? Sign up for our newsletter, thecommonsenshow.com. Click the link for the newsletter in the upper right-hand corner. It’s free.

It’s one-stop shopping. And you don’t have to come back multiple times a day for our multiple news entries. You just get it all sent to your email box. All you got to do is put in your email and know we do not sell your data ever. And we never will. And people love it. Over 50,000 people take advantage of it. You should too. We’ll see you back here next time. Thank you for joining us. [tr:trw].

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KIrk Elliott Offers Wealth Preserving Gold and Silver

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