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In this video, I talk about the potential for income tax to be abolished and what that looks like. Will tariffs be a viable option? How about the federal consumer tax? There are many roadblocks to abolishing income tax and a lot of other potentially unintended consequences. Check out our other videos related to personal finances and tax, as well as business finances and tax. Our Website: www.nguyencpas.com Join our Facebook group for more active updates: / nguyencpalounge Our online course for navigating the pandemic: https://courses.nguyencpas.com/course... Budgeting Playlist: • Budgeting Winning in Business Playlist: • Winning in Business Tax Playlist: • Tax PPP Playlist: • PPP Information EIDL Playlist: • EIDL Information COVID-19 Playlist: • COVID-19 This video is for entertainment purposes only. The information portrayed in this video should not be considered as tax or legal advice. Consult with your own tax professional and attorney to get proper advice for yourself.