Speaker 1: With the USAID. If you were to look into the
money that USAID is spending, the taxpayer dollars, and it's
not just income taxpayer dollars, it's other taxes as well,
not just federal income tax that's paying towards these programs.
You're average American, doesn't matter if you're a Democrat or Republican,
is going to say, yes, I want this out. I
want it like I had no idea that my money
was going towards this. I thought it was going towards education.
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Speaker 3: And welcome you are listening to and watching the Financial
Survival Network.
Speaker 4: I'm your host, Carrie.
Speaker 3: Lets Usha is with us today. We're talking about DOGE.
Is there any hope for cutting back the federal government
and eventually controlling the deficit? Are we too far down
the path of oblivion? Well, Nurashia a new administration, a
new way of looking at things here, new people, new personnel,
a lot of a lot of fat being cut. We
saw it with us AID or USAID. Billions of dollars
being wasted on ridiculous things, A lot of it counter
two hundreds.
Speaker 1: Of injurims of dollars one it's a bill hundreds of building.
Speaker 3: They're budgets. I can't get a straight number on it.
Forty seven to fifty two billion a year, so over
time they probably wasted a trillion dollars. They've always been
a cutout for the CIA. It's always been a front organization.
Interestingly enough, Obama's mother worked on a project that was
funded by USAID in Indonesia. A lot of the characters
in the Kennedy assassination worked for USAID.
Speaker 4: And all of these ne'er duels.
Speaker 3: Interestingly enough, Liz Cheney started her career there. So should
we be crying for the demise of US eight or
should we be celebrating here in esh?
Speaker 1: Well, Carrie, I think one thing. First off, thanks for
having me back on. It's been a couple of years,
and you and I go way back, so thanks for that.
Always a pleasure. One thing to remember Carrie, is why
people vote in general. And I'm not talking about a
small fringe minority. I'm talking about the tens of million.
It's really close to two hundred million people who vote.
I think it was one hundred and fifty million people
who voted in the last election. So why do people vote.
They vote not because of like you brought up, some
project that's going on in Indonesia, or because of some
project that's going on some transgender research that's happening in
Pakistan or some Middle Eastern country. People vote at the
end of the day because people are selfish, which is
a good thing. They vote in their own self interest.
They vote saved perceived self interest. We can call it
their perceived self interest. And what you just brought up
with the USAID, if you were to look into the
money that USAID is spending, the tax payer dollars, and
it's not just income tax payer dollars, it's other taxes
as well, not just federal income tax that's paying towards
these programs. You're average American, doesn't matter if you're a
Democrat or a Republican, is going to say yes, I
want this out, I want it like I had no
idea that my money was going towards this. I thought
it was going towards education, and it clearly hasn't because
the US education system has not improved. If you just
look at test scores, it has not improved in thirty
plus years. The US is still somewhere in the thirties
to FI when it comes through reading math. The fact
that only twenty five percent of eighth graders graduate at
a eighth grade level in mathematics shows that our taxpayer
dollars are not going towards the issues that actually matter
to Americans. The reasons why they vote, which is can
I afford my mortgage or my rent? Is my job stable?
Do my children get a good education in their local
public school? Is am I able to afford healthcare? These
are the reasons why people vote. And when you look
at USA, the average American can tell you that they
don't know what the organization is. They don't know what
the money's going towards, and what's seeing now the transparency
of DOGE. What I love about DOGE is they have
an x profile, they have a website, and they have
a quarterly podcast. They did their first quarterly podcast earlier
this week and they're being very transparent about what they're
finding and publishing it to the public. So yes, DOGE
is a good THINGAI. There are some programs, like Secretary
of State Marco Rubio side, he said, there's some programs
that are great in USAID USAID and those are going
to continue under the State Department. But there's a lot
of fat. I mean, we can assume the eighty twenty
rule across the board. Eighty percent of the workers can
probably go find other jobs elsewhere. Twenty percent of the
workers are probably very strong. Eighty percent of the money
in USAID and just government agencies in general are being wasted,
but twenty percent is probably going towards a good, positive cause.
So it's not one hundred percent bad, it's not one
hundred percent fraud. But the point thirty close, it's pretty close.
Eighty percent is very close. And the point of DOGE.
And this is what I love. I mean, I wrote
papers like this or papers about the concept of jo
DOG when I was a high school student. This idea
of going in and looking at every single expense line
by line. It's called zero based budgeting. How yep, it's
how I have always budgeted my own personal finances and
the two small businesses that I own. Whereas the government
has gone off of the previous years, and many companies
do this too. They go off the previous year's budgeting.
They say, Okay, last year we spent let's say ten
trillion dollars, so that means this year we can spend
eleven trillion dollars, which I think is just really really
that's not a fiscally responsible way of doing anything. And
I know people who do that with their own personal finances.
It's just not fiscally responsible. So yes, it's a good
thing that USAID is essentially shut down. The good programs
are staying, and it's a major reason why people voted
for President Trump because of his partnership with the veig
Ramaswami and Elon Musk. They were going to go in
clean house and keep the twenty percent of the workers
who are worthwhile and get rid of the other It's
going to save us a lot of money, carry a
lot of money that can then be handed down to
the American people, either as tax cuts or better better
education funding for the individual states, or just paying down
the debt. I think a lot of it should just
be used to pay down the debt. If this is
going to drive inflation down and we won't see I
think probably in well you and I are a few
years apart, but in your lifetime, I don't think we're
going to see massive inflation like we've seen since twenty
twenty one to present day. I don't think we're going
to see that again. If Doge can go in, Trump
can go in, cut spending, pay down the debt will
be in a very good fiscal place moving forward.
Speaker 4: Yeah, well, I agree with you there.
Speaker 3: You know one thing that has made all this possible,
and it wasn't up to or recently, is AI. One
of the guys that Musk has there. He worked at
SpaceX before that. He actually create an AI program to
actually translate all of these burn scrolls from Mount Vesuvius
and to translate them.
Speaker 5: So this guy is a rocket scientist.
Speaker 4: And you know, we always.
Speaker 3: Say jokingly it ain't rocket surgery, but in this case,
the US government needs rocket surgery.
Speaker 4: Here.
Speaker 5: We're just wasting so much money.
Speaker 3: And look, you and I both in online businesses, both
disseminate information. Well, the US government alone has given Politico.
Speaker 4: You know, and I don't want to get into their politics.
But you can figure them out.
Speaker 3: But they gave them thirty two million bucks to spew
their garbage, and in the meantime, they were funding a
lot of other organizations to stop otherwise independent news sources,
news sites from getting their information out and getting them
I'm demonetized by places like Google, and you know, this
whole conspiracy, it's just been totally export but true conspiracy anymore.
But a lot of the spending which is not going
to be able to get rid of. All right, Yeah,
maybe there's a lot of fraud with Medicare, but there's
a lot of people that count on that program. I
don't know how much fraud there really is with Social Security.
Speaker 4: We're going to find that out.
Speaker 3: But social Security is pretty much untouchable. I can only
imagine how much fraud there is in the Pentagon though, right.
Speaker 1: There's Look, it's government. Any government you go to, from
somewhere in South America to Africa to the United States,
you're going to find fraud. You're going to find corruption.
And Elon Musk put out an x yesterday saying that
they just now started looking into Medicare and Medicaid and
what they're finding is going to blow people's minds. So
it's not surprised. None of this is none of this
is surprising at all. It shouldn't you. It certainly does
not surprise me, and I'm glad. This was the number
one reason why I was excited about the administration, because
we would actually see change. It was hard for Trump
to do this during his first term because the fact
of the matter is he was new. He didn't really
understand how they.
Speaker 5: Don't work personnel is policy.
Speaker 1: He didn't know who to trust, who not to trust.
He was a newbie, and it worked out that he
took four years off, was able to assemble a good team,
really get his policy in order, and he's hit the
ground running. Or it's only been two and a half
weeks and he's really hit the ground running. Now, going
back to what you said about Medicare Medicaid, these blanket
statements that I hear people on the far left say,
for example, they say, oh, you can't touch Medicare, or
our Medicare payments are going to be gone, or our
Social Security payments are going to be gone, or Medicare
is going to be gone. That's not what's happening here.
People who currently get Social Security won't even know that
this investigation is happening in the background. The idea is
to go in and again go through line by line,
employee by employee, and see, Okay, what exactly is it
that you're doing as an employee and is this something
that AI or technology which is the main reason why
Elon Musk is in this role. It's to basically replace
people and systems and processes with technology to save the
government hundreds of billions of dollars. So they're starting with
the workers and then they're going in line by line
to see the actual expense that they're auditing. That's what
they're doing. I'd love for them to audit the irs
as well. They're going in, they're auditing, and they're not
going to be auditing or they're not going to be
cutting back on Social Security payments, and they're just looking
to see to make sure that everything adds up and
that every expense, whether it's ten dollars or it's ten
million dollars, is something that is worthwhile and actually helps
the American people. And I think most again doesn't matter
whether they are a Republican or Democrat. The fraud that
that they're finding most rational saying people would say, hey,
I actually agree we should cut this. And you're seeing
Democrat politicians from congress people in California and Silicon Valley
all the way to Senator Fetterman in Pennsylvania saying, yeah,
we should get rid of we should trim this fat,
and that should be money that is used to pay
down the debt. We can at least agree on that
we need to reduce the debt, which in turn or
pay down the debt, which in turn will help reduce
the deficit.
Speaker 3: Right now, I could not agree with you more nourish.
It's ridiculous the amount of money that literally just gets
pissed away here for.
Speaker 5: No tangible benefit.
Speaker 1: Right we're talking they're talking curtains in the government buildings,
curtains on windows that cost fifty thousand dollars plus. We're
talking rolls of toilet paper where the government is paying
something like five dollars per role per role, not like
the big forty eight roles that you get per role.
Speaker 3: For one of these noursh on a certain airplanes, they're
paying one thousand dollars for them, and they keep breaking
and they're spending hundreds of thousands of.
Speaker 5: Dollars on these cups. You know, it is exactly utter madness.
Speaker 1: And this is going on.
Speaker 5: This is what I mean.
Speaker 1: This is a type of stuff that that is going
on in these agencies from USA to most likely Social
Security Administration, Medicaid, Medicare. So this is where the left
wing media will lie. Basically, they'll say, oh, they're cutting Medicare,
They're they're cutting Medicaid, They're cutting No, no, we're cutting
the toilet paper in the Medicare offices. We're cutting meaning
we're going to negotiate a better deal on the toilet
paper rolls.
Speaker 3: Think about it, if they if the algorithm is off
on the computer that calculates how much they pay Social
Security benefits, and everybody is getting five dollars a month
more than they should. That's sixty bucks times tens of
millions of people, hundreds of millions.
Speaker 4: And do you know that they pay out the correct
amount every month. I don't.
Speaker 3: And you know they were talking about that the government
paid out two hundred and thirty something billion dollars in
unauthorized payments programs that weren't reauthorized. They just kept paying,
and the people in the Treasury in ursh Are were
instructed never reject a payment.
Speaker 1: Never reject payment.
Speaker 3: Yeah, and then when the when the accountability people go
in there and they try to bar them from going
like at the aid AID and the only thing about
AID in US AID is the acronym, but there's no
aid going on there. It's all about the soft influence
and coups, and you know, it's a cutout for the
for this. But the fact is they tried to stop
these guys from going in there, you know, and it
didn't work out too good for them.
Speaker 4: Did it.
Speaker 1: Well, Look what I like about Elon Musk. This is
supposed to be the Manhattan Project of our time. That's
what Trump called it, Manhattan Project of this generation. And
I love that Elon Musk is going in and immediately
giving people buy out packages. Their deadline is tomorrow, I
think tonight, yeah, day or tomorrow, it's probably tomorrow. Tomorrow's Friday. Anyway,
their deadline's coming up, and the people who don't accept
the package, then the mass layoffs are coming. And there
was a lot of questioning from both sides about what
can this DOGE do. They're not even a real government
agency like Congress is supposed to be authorizing paper.
Speaker 3: And you know, they don't have everyone saying, well they
got our data. They don't have right capability. They can
only read data, which means they can export it to
a spreadsheet whatever. But these billions of records, they don't
care that X is getting two thousand dollars a month
from Social Security.
Speaker 5: That is completely irrelevant.
Speaker 1: Rightly, it's absolutely irrelevant. And in the case of of Doge,
they're going in. This had been tried with Democrat administration's
Republican indmustrations where they say we're going to cut the fat,
We're going to do all this stuff, and they have
this as pounter force reads nothing happens. But enough, we're
actually seeing it in front of our eyes because you
see the riots, not even protel you see the riots
on the streets. You see people losing their minds on
the radical left on social media.
Speaker 3: They've already lost their they already lost let's face it, nourished.
I mean, yeah, yeah, they lost two or they never
had any minds to lose, okay in the first place, right, true, right, right, Well,
whatever was left of that mind, it's it's it's lost.
Speaker 1: And again they don't even know what's being lost, what
money is being lost. And I bring this up because
Elon Musk is this is supposed to be the Manhattan
Project of our time. It's supposed to be an eighteen
month project. And he's come in and he's made so
much change, and you can see the impacts immediately, and
I think we're gonna see those inflation numbers like almost.
When I say almost immediately, we're already four years in
or yeat, three years into the three and a half
years into this inflation crisis. No, we are four years
into this inflation crisis. I think he can get it
down to two percent inflation by the end of four months.
Remember we continue. He said when he went in, he
was looking to save a billion dollars a day.
Speaker 3: Now Musk is saying they could say four billion dollars
a day, which is close to a trillion and a
half dollars a year, and that's without even breaking a sweat.
Once they really get into it, probably two trillion is
doable and have a better national defense, right we will.
You know, it's you're not even going to notice, Just
like with when he took over Twitter and he got
rid of eighty percent of the people working there and
it worked better then.
Speaker 1: We noticed for like two days during the weekend. I
think X was very glitchy for two days on a weekend,
and then people again the left was like, you see
what happens when you fired eighty percent of your workforce
and Twitter's down, and then on Monday everything's back. And
we're now one and a half years in where it's
going great and there have been no glitches and it
only improved and their net profit is increasing. And so
I think the same thing is going to happen with
the government with any business.
Speaker 4: You know.
Speaker 1: I'm a consultant and I've gone into several clients businesses
and laid off people. And I didn't lay off people
because I didn't like them. I laid them off because
they weren't performing. And the bit if they weren't performing
and the business was not performing, their.
Speaker 5: Jobs were useless, right, I mean.
Speaker 1: They were replaced by people in house. So we increased
the roles and our responsibilities and the people in house
and what we want. Almost every layoff that I've done,
having less people actually equated to more revenue of course,
more net profit. So it's weird how that works, because
you would think that let's just hire everybody and things
should just grow and companies should just grow. But no,
that's that's a deep Every organization has its own, let's
call it deep state, has its own managerial class that
it administrators to. And if you trim the managerial class,
that administrative state the people who are collecting salaries and
just cause them problems, not actually creating change like what
we're seeing right now. And I get that forty percent
of this country doesn't like the change, but sorry, this
is what we voted for and we wanted to change.
We didn't want the same stuff over the last really
since Ronald Reagan, because Ronald Reagan tried what's it schedule off?
Speaker 3: Yeah, he was the last guy who really made a
serious effort at doing anything. Bush said he was going to.
I mean, you really can't ever count on a and
this isn't a partisan thing, it's just it's not in
the Democrats DNA.
Speaker 1: Well look, Trump said you were going to do us
too in twenty sixteen and that was my biggest.
Speaker 3: Everything, all the spending that the Congress. You can never
count on Congress to do this stuff. You know, one
thing is Congress says like actually allocated a lot of
this money, and you know they've apportioned it in the budget,
so there's a legal issue whether Trump has the power
to cut this spending off.
Speaker 1: There was a call, well you're doing it. They're doing it.
It's happening, and it's going to go to the Supreme Court.
Most likely he's going to have Congress behind. What I
like is the entire the entire party has rallied around
Trump in we have no choice. They have no choice.
They may not like it, but they haven't and they've
rallied behind it. And now all of his appointments, all
of his cabinet appointees are going to be approved, even
the ones who people were iffy about, like cash Bitel
and Dulcie, Gabbard and Rfk, they now have enough votes
to So the fact that people have rallied around Trump
and his ideas, I think this is great. And Elon Musk,
I think it's great that he has a huge role
in this administration. For eighteen months he's been a clean house.
And we're going to look back on this three four
years down the road when it's time for the next
election and say, hey, we needed it. It was painful.
We understand it was painful, but the country is better
off because of these county, because of paying down the
debt and reducing our deficit. So I think this is great.
I've been waiting for this forever. I didn't think it
was going to happen in my lifetime because of the bureaucracy,
because of the red tape, because of because of the swamp,
the deep state. It's a huge swamp. And they're cleaning
shop and I love it. They're cleaning house and I
love it.
Speaker 3: Yeah, it's about It's about time, right, It's absolutely out.
Speaker 1: It's about freaking time. And what this is going to
lead to is the biggest tax cut that this country
that has ever seen. And I think what people need
to understand again, when you talk to leftists, they hate
tax cuts. Why do they hate tax cuts Because they
don't really work. And if you don't work and make money,
then you don't participate in the tax cuts. So the
whole point of tax cuts, it's to incentivize people to
work and make money so that you keep more of
what you make. And that's what half this country doesn't
understand that tax cuts are a good thing. We want
to encourage our chill will work. We don't want them
to encourage them to be lazy and to get free
money from the government. We want to encourage them to
go out and work to make money. So when people say, oh,
why do wealthy people get tax cuts, they should be
giving back more. That's one of the biggest misnomers in
economics or in just politics that taxing the rich is
going to help a country. In fact, treating the rich
properly is what stimulates. If you read out the shrugged
for example, sure what happens when you when you treat
the rich like.
Speaker 4: Do doo?
Speaker 5: Well, they leave, they get the hell out, they.
Speaker 1: Get up and they leave. And who are the people
paying the largest stock Who are the people buying the
first class airfare, buying the nice cars, eating at the
nice restaurants. All of those businesses are dependent on rich people,
on wealthy people. If you're going to treat the wealthy
like doo doo, and I say this, I'm Indian. In
a big part of our culture. You attend to my wedding.
A big part of our culture is like big multi
day weddings, right, And to have a big multi day wedding,
you need to have a good amount of money. You
need to have a high net worth to throw these
big parties. And just imagine the entire I have friends
who work in the literally the Indian wedding industry, from
hair and makeup people, to caterers to decorators, to DJs
and musicians and entertainers, you name it. Imagine how much
that industry would take a hit if all of a
sudden you say, hey, you rich people, you need to
pay more money. You shouldn't have all this money left over. Well,
that's how a business, that's how an industry takes a hit.
And now apply that same concept, copy and paste it
across the auto industry and the restaurant industry and every
other industry is going to get hurt. That's why tax
cuts stimulate. It's called supply side economics. It has just
you don't even need you don't even need to think
about the history of it. Just think about the example
that I just gave about, like a wedding, right, and
all the money that's spent on a wedding or an
event or a birthday party. So you want the people
even if it's money. Somebody told me, a leftist told me, oh, well,
rich people are cheap and they don't spend They just
keep the money in a bank account, which is not true.
But even if it is true.
Speaker 5: How some of them are like anybody else.
Speaker 1: But even if it's sitting in a cd even if
it's sitting in a CD on at a Synchrony bank,
or it's sitting in a mutual fund on robin Hood
or Schwap, you're helping those and that's what you have
to start. You're stimulating those businesses, those banks, those brokerages,
or those hedge funds, those financial you're stimulating them because
they're charging a fee and they're using your deposits here
to you know, borrow the money out. So even if
you're a rich person who's cheap, you're still assuming you
don't have all your cash under a mattress, which nobody's
gonna have.
Speaker 5: Nobody does that'll work, Yeah, addage mattress nowadays.
Speaker 1: So you're actually helping the economy. You're helping businesses. And
if we go back to AOC, she's very far left
New York congresswoman, not very amazon, not very bright, who
believes that the rich should have a ninety percent income
tax rate. She she she ruined. It wasn't even her district,
it was a different district in New York when Amazon
was looking to open number in majors and jobs, there
were one hundred thousand, at least one hundred thousand jobs
that were that were going to be offered to people
in that area. And she said, no, Amazon, you can't
come here because you didn't pay you didn't pay enough
income tax and you are the enemy, so you're you're
a bad company. You're not welcome here. So Amazon said, okay, fine,
we'll just go take it somewhere else.
Speaker 4: But they re elected her.
Speaker 1: They well, it wasn't her district, it was somebody else's district.
That Amazon was not going to be in her district.
So she screwed over another district by not stimulating more
jobs there. And that's how you screw people over. That's
how you screw your own people over, by saying this
is bad for you, this is bad for America, and
then boom, we have no jobs. Like why do we
have no jobs?
Speaker 5: Oh?
Speaker 1: Because our dummy politicians scared away all the jobs and
the businesses.
Speaker 5: This is not the brightest bulb on the tree. That's
this is what I mean.
Speaker 1: But you'll be surprised, Carrie. Half the country thinks this way.
They legitimately think this way.
Speaker 3: Well, and that's education that's lacking for sure. So what
man sense, We're going to get more tax your tax breaks,
they're going to be extended. I expect we'll see the
corporate rate cut to fifteen percent, and.
Speaker 4: We will see the.
Speaker 3: Personal rates and the bonus depreciation extended forever. What's that
going to do for real estate, for the economy, what's
your take on it.
Speaker 1: Well, it's going to stimulate the economy obviously, So what
the US government, It appears a strategy is to cut
down inflation through the government cuts, so to save the
government trillions of dollars, which is going to I guess
part of it is you have government workers who are
going to be laid off. Now they have eight months
severance packages. No company is get unless you're a very
senior president of a major corporation. No company out there
is given eight months severance packages. So, yes, it is
sad that these people are losing their jobs and they
have families and they have retirements. But at the same time,
if they truly had valuable skills that are of benefit,
then those skills will be transferable to the private sector
where they could legitimately make the double.
Speaker 3: They can look legitimately, definitely. I think they're doomed myself.
Now whether they should be doomed or not is another story.
But these people are useless. They couldn't make it in
the private sector. That's where they many of them out
there went to the public sector and they're doomed. And uh,
I don't know that there's anything that could be done
to save them.
Speaker 1: Honestly, you could be right, but I'm just I'm taking
the optimistic side of Hey, if you are a good
worker and you do have those skills and you were cut,
you could go in like this is this is actually
a good thing, Like you could go into the private
and we actually know of I know of doctor. I'm
part of these My wife's a doctor, some part of
these different doctor groups of men who are married to doctors.
And I know of people who, for example, doctors they
were cut from the VA because the VA cut. They
basically said you have to come back into the office.
Because a lot of these doctors were remote, so they
said you have to come back into the office. And
many of these doctors moved like far away from where
their hospital is and they said, you have to come
back into the hospital. If you can't come back, then
you have to take this severance package. You know, it
was eight months of pay. Well, initially there was a
lot of anger from the spouses, like I hate this
government and what are they doing. Then they started exploring.
The wife started exploring these jobs in the private sector
where they were legitimately mating after bonuses more than double
than what they were being paid.
Speaker 4: By the VA.
Speaker 1: So they're like, oh, actually, you know, yeah, the VA
was a nice cush job, but the private sector, we
could make double the amount we're making the force. So
it actually works out and there's still a major shortage.
I'm giving this example because this is an example that
people can take the heart and.
Speaker 3: I think that's the exception, not the rule. But we'll
find out soon enough. So, but the assuming the tax
cuts go through bonus deppreciation, then it's going to be.
Speaker 1: No taxes on tips. Also that that's.
Speaker 3: Taxes on tips, no taxes on social security. If we
could get rid of the income tax, can you imagine
the boom in this country. I don't think that he
can do it for real. Simple reason reason in the
rash is that currently the average tariff is two percent
and it brings in eighty billion now they're probably fudging
another five hundred billion worth of imports that come in
under the dominimous rule, which has been abused. So at
best we're going to get five hundred If it was
twenty percent tariff.
Speaker 5: We would get probably well close to a trillion.
Speaker 4: Not enough.
Speaker 1: Let's you bring up tariffs, which I think is important
because this is a part of the This ties into
DOGE and the income or the tax cuts. So so
first off, the tariffs that the big tariffs Trump was
talking about were against Canada, Mexico, and China, and Canada
and Mexico. The terriffs are it's just going to be
a continuation of the people forget that Biden tariff countries also,
and Trump is going to keep those Biden tariffs. So
that's number one. But they're not very much.
Speaker 3: There's no substitute for what we're doing now, you know,
they're just not but the difference.
Speaker 1: And I want to talk about China because I actually
think we should tear iff China one hundred percent.
Speaker 4: Uh.
Speaker 1: The Chinese Communist Party is the biggest threat in enemy
to the United States. It is a bigger threat than Russia,
a bigger threat than radical Islam. The Chinese Communist Party
has done a really good job of infiltrating not just
the US but the global landscape, and the Chinese Communist
Party can be replaced. And this is one thing I
liked about Obama. He had this TPP, which was a
trans Pacific Partnership where you could essentially replace China with
India and Indonesia and Malaysia and Taiwan and South Korea, Australia, Malaysia,
the list goes on and on and on. So I
think a tariff against China is or increasing tariffs against
China is a really really good thing. And you continue
to raise funds through that, you do the TPP. Eventually
we want to become independent from China. So then how
does the federal government. Yeah, you can't go one hundred
percent get rid of the entire federal income tax. But
this is the whole point of a TIV, right, like
the whole point of a flat tax. So and that's
something that everybody has all that, at least the right
conservatives have agreed on, Like, you know, we should pay
some tax, a ten percent flat tax.
Speaker 5: Well, no, I don't know what was national sales tax?
Speaker 1: We could do that too, it's better than the current system.
It Just ask anybody who files their taxes and they're
just lost. They're like, I don't even know where to begin,
what can be done. It's confusing to even accountants in CPAs.
So make it simple, make it easy. The fact that
people who get the best CPAs to get the best
deductions and the best tax cuts shows how unfair the
system is for the lower class, for the people who
deserve those tax cuts even more than the wealthy. So
we need to make it a very simple tax code.
Make it simple, make it easy to where a person
can just go on their phone and see, okay, these
are the ten to fifteen rules and easy, you know,
at least for personal income tax. Business tax would be
something different.
Speaker 5: All right, all right, if we want to find you,
how do we find you?
Speaker 4: On the web?
Speaker 1: Na Visa dot com, n A R E, S H
V S Savisa dot com. You can see my latest
work over there and subscribe to my mailing lists and
contact me through there as well.
Speaker 3: All right, excellent, And the link is in the show
notes to this interview on Financial Survival Network dot com.
Questions comments for Naresh myself shoot me an email kl
at Carrie LUTs dot com. And while you're at the site,
please sign up free free complimentary newsletter, like over seventy
thousand other FSN members haveesh We'll talk to you again soon.
Speaker 4: Thanks for coming on.
Speaker 2: Thank you all the bests, Thanks for listening to Carrie
Letz's Financial Survival Network, your solution to today's trying times.
For the latest, go to Financial Survival Network dot com.
Financial Survival Network now more than ever,