Editor’s note: This is a lightly edited transcript of the accompanying video from professor Peter St. Onge.
It’s official: Donald Trump wants to abolish the income tax.
In a much-anticipated interview with Joe Rogan on his podcast, Trump said the country should return to the late 19th century when we had no income tax at all and funded the federal government with tariffs.
Now for months, the former president has been making it clear that he really doesn’t like the income tax, exempting tax on tips, Social Security, overtime pay, first responders, and even 18 million veterans.
I kept hoping he’d come out and just break up with the income tax once and for all. And he did.
So what if we end the income tax, laying off all 93,654 IRS agents so you can keep every dollar you earn?
Will Washington have to run on bake sales?
Well, the income tax currently…
