President Donald Trump has boldly stated that tariffs will soon replace the federal income tax, as captured in a video posted by Assistant News Director Eric Daugherty at Florida’s Voice, where Trump highlights the U.S.’s economic success under late 1800s tariff policies and laments the negative impacts following the introduction of income taxes.
In the clip from the White House, Trump discusses how the nation’s prosperity soared when relying on tariffs before the shift to federal income taxes, arguing this historical model could eliminate the need for taxing citizens’ earnings.
“We were the richest ever from 1850, it was all tariffs, we didn’t have income taxes, from 1850 to 1913,” Trump said, going on to discuss how the U.S. became so rich under the tariff policy of the late 1800s.
Infowars.com reports: “…we ended them [the tariffs] in 1913, how did that work out? And then we went to the income tax system, and then we had the depression,” Trump said, going on to say that the tariffs are vital to the success of U.S. and that he used tariffs to end numerous wars.
The President’s decision to lambast the financial changes of 1913 are likely related to his opposition to the globalist banking cartel’s takeover of the nation with The Federal Reserve.
Trump discussed how the nation has gone downhill since The Great Depression. Notably, the Depression was set in motion by the globalist bankers, who had an agenda of degrading the society.
The President also views gold as an option, a metal that backed secure currencies before the nation instituted a fiat debt-based system.
Trump has a plan to regain the greatness of The Gilded Age, this agenda even extends to his architectural aspirations and his expansion of the White House.
Prior to taking office President-elect Trump discussed how he wants an “External Revenue Service” to collect money from other countries, instead of the American people.
