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March 14, 2024 - X22 Report
21:21
Ep 3305a - Trump Trapped The Biden Administration With Tax Cuts, Boomerang
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Thank you.
Hi and welcome you.
You're listening to The X-22 Report.
My name is Dave and this is episode 3305A and today's date is March 14th, 2024 and the title of the episode is Trump Trapped the Biden Administration with Tax Cuts Boomerang.
Let's talk about protecting your wealth.
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Let's get right into the economic collapse financial news.
Now, the Deep State, the corrupt politicians, the Private Western Central Bank, the World Economic Forum, you can see they're continually pushing their agenda.
But you have to remember something that's very, very important is that Trump and the Patriots, they put certain traps in place.
They actually set up the Deep State to move forward with their plan to actually down their own system.
And this is all very important because in the end, Trump and the Patriots, they're going to be taking back it all.
And the people are going to be with them.
Because think about what the people have been experiencing.
They've been experiencing an economic system that's been completely and utterly imploding right in front of their faces compared to when Trump was in the White House.
Actually, Trump showed everyone, look, it doesn't have to be this way.
We can lower inflation.
We can have the country energy independent.
We can have jobs come back to the United States.
We can place tariffs on other countries without the worry of inflation.
And of course, the fake news during this entire time period, they said, oh, no, tariffs are going to cause inflation.
Oh, no.
Everything that he's doing is going to destroy the economy.
Actually.
Whatever they're saying, it's always the opposite.
Actually, they're saying it now that if Trump implements tariffs, that could make inflation go up even more.
Really?
They didn't say anything about Biden when he was printing and printing and printing or borrowing and borrowing and borrowing from the private what's a central bank system, because that really, if you really think about it at this point, The central bank, they're pretty much all in one right now.
No one ever said that was going to cause inflation.
Actually, everyone was saying the opposite was going to happen.
Oh, there will be no inflation.
Inflation is going to be transient.
We're not projecting any type of inflation.
And they were all wrong.
So whatever they're saying about Trump now with tariffs and everything else, they're going to be wrong in the end.
Just like everything else, because again, what are they doing?
They're protecting the private Western Central Bank system.
And that's their job.
And remember, we've been trapped in this illusion for a very long time.
And now people are starting to see the difference.
Plus, they're really starting to see how they're pushing this Green New Scam and how it's not really going to benefit the people actually.
It's going to destroy business.
It's going to destroy the economy.
And we see this out in California.
We see it out in New York.
We see it out in Germany.
And when you look at New York, what do you see?
You see them pushing the Green New Scam.
And what they're doing is they're trying to get all the restaurants and businesses to actually reduce their emissions.
And if you look At New York and you see what they're trying to do, you can see that this is not going to work out too well in the end.
So on April 27th, local pizzerias, bagel shops will be forced to replace their wood-burning or coal-burning ovens with more green options or install expensive air filtration systems.
The New York City rule will essentially require pizzerias with pre-2016 ovens to invest in a filtration system that will reportedly cost upwards of about $20,000.
Under the mandate, restaurants with coal and wood fire ovens must hire an engineer or architect to assess the feasibility of installing emission control devices to achieve a 75% reduction in particulate emissions.
Now, when you read the report, it says if they cannot reduce their particulate emissions by 75% or more, and they can't achieve it whatsoever, Well then they must identify any emission controls that could provide a reduction of at least 25% or an explanation of why no emission controls can be installed.
So what do you think this is going to do to pizza places, bagel shops, restaurants and the rest?
It's actually going to destroy them.
Actually, most of them who haven't really recovered from COVID, because remember, New York is a pretty messed up place.
They have the illegals all over the place.
They have crime increasing.
They have the National Guard in the subway system because of crime or many other reasons.
And they're really worried about these ovens, if you really think about it.
And this is going to destroy businesses that are barely operating right now.
And what's very interesting is the Patriot activist artist, Scott Libato, he's calling for a protest.
He wants all the people out there to protest at noon on Wednesday, March 20th.
And once again, you can see that this is not going to benefit the people.
It's actually going to destroy their lives.
And you're going to see more and more businesses move out of this area.
And once again, this is all based around this fake climate hoax that they've been pushing.
And they've been giving us prediction after prediction after prediction, and not one prediction has ever come true.
Let's go back a little bit in time to 2018 when we had Greta Thunberg.
Remember, she was the spokesperson.
The Earth is going to be doomed and you're doing nothing!
And she did all these speeches.
It was absolutely ridiculous.
And this is what she put out back on 2018.
She said, a top climate scientist is warning that climate change will wipe out all of humanity unless we stop using fossil fuels over the next five years.
So she said this in 2018.
We're in 2024.
Is humanity wiped out?
In 2024, is humanity wiped out?
Are we still here?
Yeah.
The seas aren't rising like they said.
Snow is not the thing of the past.
The earth is not warming up.
Everything that they have been telling us has not come true.
And the things that they're blaming climate on are things that they're causing.
All these individuals, all these refugees and asylum seekers, you know, these people that are being released from the prisons and everything put into the countries, they're the ones who are causing all this.
So everything that they predicted, everything that they said is pretty much not true.
Really what they're doing is they're destroying everything.
They're trying to bring down their old system and they're trying to blame all of it on climate.
Well, the economy is failing because of climate change.
Oh, the economy is failing because climate change.
That's all they do.
But who's really responsible for all this?
It's the Central Bank, the World Economic Forum, and the installed politicians.
They're the ones who are destroying everything.
Why?
Because they want to bring us into the Great Reset, the degree news scam.
And you can see out in Canada, the economy out there is completely and utterly imploding.
And the opposition is showing everyone look, look what Trudeau has done to the cities.
He said people eating at food banks in Toronto today would fill the Rogers Centre seven times.
The Rogers Centre in Toronto can fit 49,286 people.
That is life in Toronto after eight years of Justin Trudeau.
Toronto, what Have you got for voting for Justin Trudeau?
You can't afford rent?
The big cities who voted for Justin Trudeau are suffering the most because of his disastrous and costly policies.
And it's not just Justin Trudeau.
It's many, many installed leaders around the world.
We shouldn't even call them leaders.
They're installed politicians.
And they have been destroying the system.
Just look at all the blue cities here in the in the United States.
Look what happened out in Argentina.
Look at all the other countries.
You can see it's the same exact pattern over and over and over.
And those countries that are breaking free, well they're starting to realize it never had to be this way.
People here in the United States are looking back when Trump was in the White House from 2016 to 2020.
People started to realize Hey, you know something?
He was right.
It never had to be that way.
And look how great it was back then.
We had a lot more money in our pocket.
Inflation was controlled.
Even though it's cumulative, it wasn't going up that fast.
There still was inflation, but if you had more and more money in your pocket, actually that kind of countered all of it.
And he did this by making the country energy independent, which lowered the fuel prices, which means it was a lot cheaper to fill up your car, which means you had a lot more money in your pocket.
Plus, when he actually gave everyone tax breaks, you got more money in your pocket.
So it kind of countered inflation.
And now we're seeing the opposite of this.
And actually, Trump's tax cuts, they're going to expire very, very soon.
And remember, Biden He campaigned on saying that his Trump's tax cuts did absolutely nothing for the economy.
But we'll be discussing what Biden wants to do a little bit later.
But first, we can see there is more and more layoffs right now.
Tyson Foods, they announced the closure of their major pork packing plant in Perry, Iowa.
And that's going to leave about 1,200 workers jobless.
And this is a terrible, terrible thing because think about it.
Where are these people going to get their jobs?
Where are they going to go?
Most of these areas are very, very small.
Actually, look what happened to Detroit.
Look what happened to Buffalo, New York.
When you had Trico and many of the corporations, they moved out of these areas.
People, they couldn't find works and actually the cities completely imploded on themselves.
And this is what you're going to see in California, which you're already seeing.
You're going to see this out in New York and they're going to end up the same exact way because the deep state players, they're pushing these policies that aren't working and they won't work.
Let's talk about our health.
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It can outperform ibuprofen, Advil, Tylenol, and it doesn't have the dangerous side effects either better yet for a limited time you can grab native pass antarctic krill oil for as low as 19 a bottle just go to get native path.com forward slash x22 for the special offer plus free shipping and get it while supplies last now what's very interesting is if we go back in time remember when janet yellen said that hey inflation is transitory well she's apologizing right now she's She made a mistake.
So wait a minute, this person who's supposed to be the person that knows everything that's going on in the economy, knows about inflation, has all these degrees, was head of the Fed, she's just apologizing right now?
And she was completely wrong?
Well, what about all the people that are suffering right now?
And if she can't get that right, how is she going to get anything else right?
Because remember, Everyone else.
All the alternative media was saying, no, inflation is not transitory.
It's going to continue.
How did the layman know?
But the experts didn't know.
Really think about this for a second.
And when you start to think about it, it starts to make a lot more sense that these people, they have no idea what's going on.
Actually, Their entire mission is to destroy the old system and bring us into the new system.
So what are they going to do?
They're going to lie to the people.
They gaslight the people.
Biden's doing it right now.
His entire administration is doing it right now, making everyone believe that everything is great.
The economy is chugging along.
Don't worry about what you're experiencing.
Hey, if you lost your job, you need to listen to Biden because he says everything's fine.
You think anyone's going to believe him?
Absolutely not.
And you can see as time goes on, the government, it's having a very difficult time paying all the interest on the debt.
E.J.
Antonio put this out and said, it took 63% of all personal income taxes in February to pay the interest on debt.
No roads, no military, no schools, no social security, just interest.
63% of all personal income taxes.
That is unbelievable.
And this is why the infrastructure of the United States is completely and utterly falling apart.
And people see this.
The people see exactly what's happening.
The people understand that the infrastructure has not been improved in this country for a very long time.
Because again, The Private Western Central Bank, the World Economic Forum, and the Installed Idiots, they don't care about the United States.
All they care about is doing the bidding of their masters and keeping control.
And anything that has to do with the people, they really don't care about.
The Central Bank has no allegiance.
They don't have an allegiance to a country.
The World Economic Forum has no allegiance to any country.
And I think people around the world, they're starting to realize that, yeah, you know, something they just don't care and everything that they're doing is to benefit them, not we, the people.
And this is going to be their downfall in the end, because people are waking up.
People are understanding what's going on.
They understand the Biden administration has been lying.
Now we know the Treasury Secretary is completely and utterly wrong.
The Fed was completely and utterly wrong.
They can't stop inflation.
It's built into the entire central bank system.
Inflation will continue and continue and continue and actually think about how much debt is being produced right now.
And it's getting faster and faster and faster.
And as time goes on, you're going to see hyperinflation because debt is being produced at an astronomical rate.
And before you know it, this is going to look like Weimar, Germany.
And we are definitely approaching that.
But think about what Trump and the Patriots have done.
Because remember, this is all based on the 2024 elections.
The economy is breaking down.
I do believe in the end, as Trump continually tells the people that, yes, the economy is not well, it's a complete and utter disaster.
When you have the Biden administration on the other side telling you everything is great, I think the people are really going to wake up.
And remember, going back in time, Biden He campaigned and he told his donors, I'm going to get rid of most of Trump's tax cuts.
And a lot of you may not like that.
Now, remember, the whole campaign was, oh, these tax cuts, they're for the rich.
They're the ones who are getting it.
And Biden was out there saying he's going to close all these loopholes.
And the tax cuts, they expire in 2025.
So now we're coming down to the wire and I do believe Trump at the Patriots set this up to show that Biden has lied to the people over and over.
And the Biden White House said it wants to keep Trump tax cuts for the middle class after they expire.
Wait a minute.
I thought Trump wasn't doing anything for the people.
I thought he was doing everything for the wealthy.
Now all of a sudden they want to keep the tax cuts and that's very interesting because the latest budget doesn't offer a plan on what specific tax hikes will be pursued to pay for that massive cost to the Treasury.
But it is also notable for what it leaves out.
Namely, it is missing budget projections showing how the administration's plan to renew a huge chunk of Trump's tax cuts would affect the country's fiscal footing and how the White House plans to pay for it.
So the backstory is that the Tax Cuts and Job Act, also known as the Trump or Republican Tax Cuts, was passed in 2017 and overhauled the tax code for corporations and people.
For procedural reasons, Republicans made it so that the individual provisions in the legislation were temporary, set to expire in 2025.
If the individual provisions under the TCJA expire, most middle class people would see a net tax hike, something that is politically unpalatable for the Democrats.
So once again, Biden is in trouble here.
And how are they going to get around this?
And I do believe Trump, he set traps all the way down the line.
The economy is completely and utterly falling apart.
All the optics are on the Biden administration, the Treasury and the Fed.
And I don't believe they're going to be able to survive this in the end, because again, this is all based on the 2024 elections.
And Trump said, listen, if I don't get elected, we're going to see The market crash, we're going to see a depression, we're going to see the entire system fall apart.
Now I do believe we're going to see the system fall apart way before that because as we approach the 2024 election, we can see the internals of the economy, they're completely and utterly breaking down right now.
I do believe in the end, with everything that is happening and all the layoffs and everything else, you're going to see the market most likely come down.
Now that doesn't mean it's going to crash and everything's going to be a complete and utter nightmare.
What it means is, Is that it might be there might be a correction there might be a huge downturn in the market people might get scared they might sell off and Trump the Patriots can use this to their advantage because this would scare the people people go holy crap the market just came down 10,000 and Trump could say listen if you don't elect me This 10,000, well, that's just a small drop in the market.
If I don't get elected, this thing's going to come down and it's going to crash.
Most of the people are going to see this and say, holy crap, we can't allow that to happen.
And those people that are thinking this are those people probably going to be laid off They're going to see the economy, the internals of the economy, completely and utterly break down.
And the people are going to say, you know something?
We can't allow this to happen.
Biden's not doing anything.
He's just been telling us that everything's been great.
And now we see everything falling apart.
We see more layoffs.
We see companies closing.
We see stores closing.
Inflation is picking up.
Inflation now is moving in the opposite direction that Biden, the Treasury and the Fed said it was going to head.
Remember, they said everything was under control.
Is everything under control?
No, everything's moving the opposite way right now.
Fuel prices are going to start to move up.
And like we said, as we get closer and closer to the presidential election, we're going to see a lot of things start to hit.
And they're going to hit hard.
And people are going to be convinced that Biden The Treasury, the Fed, and whoever else is running, this is not the direction we need to go in.
We need to go in the direction where the guy was telling us, hey look, the economy's not doing well, the market might crash, and if you don't want this to happen, Vote for me.
I can fix it in no time.
And I think the people, they're going to recognize this and actually add on top of that war, maybe events in this country.
I think the people will be on board.
And I do believe Trump, he can turn this entire economic system completely and utterly around.
Like he's been telling the people, we're going to drill, baby, drill, baby, drill.
We're going to place tariffs on other countries.
We're going to rebuild the infrastructure in the United States.
We're going to force jobs back here to the United States.
Remember, the deep state players, they force jobs out of here with all the regulations.
Wait until Trump removes the majority of these regulations.
Countries are going to want to come back here, especially with all the energy, cheap energy, to manufacture.
This is going to be an economy like we've never seen before.
Listen everyone, thanks a lot for listening.
Be well, be safe, and especially be prepared.
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