(DCNF)—President Donald Trump said he would seek to use tariffs to potentially eliminate the income tax in a lengthy interview with podcaster Joe Rogan released Friday night.
Trump, who enacted tariffs on steel and aluminum in 2018 during his presidency, sat with the podcaster in a nearly three-hour long episode of The Joe Rogan Experience. Rogan asked Trump if he was “serious” about using tariffs to offset the elimination of income taxes.
“To me, the most beautiful word — and I’ve said this the past couple of weeks, in the dictionary today — is the word tariff,” Trump told Rogan. “It’s more beautiful than love, it’s more beautiful than any — it’s the most beautiful word. This country can become rich with the use, the proper use, of tariffs.”
Trump said he would impose a 200% tariff on John Deere’s tractors if it closed an American factory and moved production to Mexico in September.
“Did you just float out the idea of getting rid of income taxes and replacing it with tariffs?” Rogan asked. “Were you serious about that?”
“Why not?” Trump responded. “Our country was the richest, relatively, in the 1880s and 1890s, a president who was assassinated named McKinley, he was the tariff king. He spoke beautifully of tariffs. His language was really beautiful: We will not allow the enemy to come in and take our jobs and take our factories and take our workers and take our families unless they pay a big price and the big price is tariffs.”
Vice President Kamala Harris has claimed in ads and in speeches that Trump’s plan to impose tariffs would act as a “national sales tax” and insisted that it would cost American families $4,000 a year in higher prices, the Wall Street Journal reported.
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At Last, a Company With Integrity in the Gold IRA Industry
For several years, I’ve been vetting out precious metals companies in search of the best. I believe in gold and silver but it’s hard to find integrity in the Gold IRA industry. The vast majority operate with shady tactics and gigantic spreads that take advantage of Americans who simply want to protect their life’s savings.
I’ve found a handful that I like and I’ve worked with some of them. By no means would I “unrecommend” them because, again, I vetted them out and found them to be above the fold. Unfortunately, it isn’t hard to be better than the rest when the rest are so darn awful.
After years of searching, I finally found a company that truly operates with integrity. Augusta Precious Metals has three important attributes that set them far above the competition:
- Non-Commissioned Sales Team: I cannot stress how important and unique this is. With just about every other company in the Gold IRA industry, the sales teams make commission from every account they open. This means they steer their clients toward the gold and silver products with the highest commission. With Augusta Precious Metals, the team is solely focused on putting the best gold and silver for their clients into their IRA. They get paid to serve the best interests of the Gold IRA client, NOT their own commission pay.
- Incredibly Low Fees: Most Americans would be shocked if they knew the spread other Gold IRA companies charge. Augusta charges just 5% versus up to 45% elsewhere.
- No Pressure, No Gimmicks: There’s an understanding among most in the Gold IRA industry that fear and pressure is the way to go. Augusta Precious Metals takes a sober approach when working with clients because they hold integrity in the highest possible regard. This is why they don’t offer gimmicks like “free” or “bonus” silver. It’s also why they do not apply pressure tactics to get quick sales. Their educational and transparent approach to doing business is exceedingly rare in the Gold IRA industry.