mar 🇺🇲🇨🇦 on Nostr: Removing the FED & IRS requires amending or abolishing the 16th Amendment and ...
Removing the FED & IRS requires amending or abolishing the 16th Amendment and implementing a new system to replace it, along with a new currency to replace the USD.
Trump already started Step 1 with the creation of the ERS.
16th Amendment:
"The Congress shall have power to lay and collect taxes on incomes, from whatever source derived, without apportionment among the several States, and without regard to any census or enumeration."
Here are the steps:
1. Create a new taxation system: Since the IRS handles income tax, you would need a new way to collect revenue for the government, whether through a sales tax, flat tax, or other methods.
2. Get the government (Congress) to agree: You would need to get Congress to approve the changes, including repealing or amending the 16th Amendment and creating a new system to replace the Federal Reserve.
3. Explain the new system: Make sure everyone understands how the new system will work, from how taxes will be collected to how the economy will be managed without the Federal Reserve.
4. Create the new money (currency): With the Federal Reserve gone, the government needs to establish a new system for issuing and managing money. This could mean creating a new currency or finding an alternative solution.
5. Make sure the economy stays stable: The Federal Reserve controls inflation and interest rates. Without it, you would need a new method for managing inflation and ensuring economic stability.
6. Tell the world and make sure they trust the new system: Since the U.S. dollar is used globally, it's essential that other countries and international markets trust the new currency and system.
7. Help everyone switch to the new money smoothly: Transitioning from the old currency to the new one must be done carefully, ensuring that businesses and individuals can adopt the new money without confusion or disruption.
It's a massive and complex process, but this is the basic outline of how it is going to work!
Trump already started Step 1 with the creation of the ERS.
16th Amendment:
"The Congress shall have power to lay and collect taxes on incomes, from whatever source derived, without apportionment among the several States, and without regard to any census or enumeration."
Here are the steps:
1. Create a new taxation system: Since the IRS handles income tax, you would need a new way to collect revenue for the government, whether through a sales tax, flat tax, or other methods.
2. Get the government (Congress) to agree: You would need to get Congress to approve the changes, including repealing or amending the 16th Amendment and creating a new system to replace the Federal Reserve.
3. Explain the new system: Make sure everyone understands how the new system will work, from how taxes will be collected to how the economy will be managed without the Federal Reserve.
4. Create the new money (currency): With the Federal Reserve gone, the government needs to establish a new system for issuing and managing money. This could mean creating a new currency or finding an alternative solution.
5. Make sure the economy stays stable: The Federal Reserve controls inflation and interest rates. Without it, you would need a new method for managing inflation and ensuring economic stability.
6. Tell the world and make sure they trust the new system: Since the U.S. dollar is used globally, it's essential that other countries and international markets trust the new currency and system.
7. Help everyone switch to the new money smoothly: Transitioning from the old currency to the new one must be done carefully, ensuring that businesses and individuals can adopt the new money without confusion or disruption.
It's a massive and complex process, but this is the basic outline of how it is going to work!