Is The Elimination of The Income Tax Real? Three Takeaways From Trump’s Tax Proposals

Are we really eliminating income tax? In this video, we break down Trump’s recent statements on the future of taxation and what it could mean for you. Would you like to learn more about this topic and talk to someone? 📞 Schedule a free consultation here: https://aba.link/g48 We’ll explore the history of income tax, how tariffs might play a role, and what could happen with the Tax Cuts and Jobs Act. Plus, we’ll dive into the hidden tax you might not even realize you’re paying—inflation. Stick around for key insights that could shape your financial future. 🔔 Don't forget to subscribe for more insights on real estate investing and business strategies! Show Notes: 0:00 Intro 1:03 Types of Income Taxes 3:18 Tariff Discussion 6:24 The Concern with Inflation 7:39 Expiring Provisions 9:56 Extending Tax Cut Jobs Act 12:32 Eliminating Taxes Discussion 14:39 American Products 16:36 Final Predictions --------------------------------------------------------------------------------------------------------- SUBSCRIBE https://aba.link/subscribe ~~~~ FREE TAX & ASSET PROTECTION WORKSHOP Register for an upcoming workshop today if you want to protect your business and personal assets from snoopy lawyers and creditors. Save Your Seat: https://aba.link/buj TAX TUESDAY LIVE Join us every other Tax Tuesday, where you can have your tax questions answered live by our experts entirely FREE. Register Now 👉 https://aba.link/3adb06 ~~~~ FOLLOW US: Instagram: https://aba.link/instagram Facebook: https://aba.link/facebook Twitter: https://aba.link/twitter LinkedIn: https://aba.link/linkedin TikTok: https://www.tiktok.com/@tobymathisesq ~~~~ CONTACT US Phone: 800.706.4741 Email: [email protected] Fax: 702.664.0545 ABOUT TOBY MATHIS Toby Mathis, Esq. is the best-selling author of Infinity Investing: How the Rich Get Richer And How You Can Do The Same. Toby is a tax attorney and founded Anderson Business Advisors, one of the most successful law, tax, and estate planning companies in the United States. Learn more at https://aba.link/tobyaba --------------------------------------------------------------------------------------------------------- WARNING: I will NEVER ask you to contact me through YouTube comments, telegram, or WhatsApp. I have a checkmark next to my name, and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture. The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice. #taxes #incometax #incometaxtrump #trump