Trump proposed that tariffs — collected through a Department of External Revenue — could reduce or even replace the IRS’s reliance on income taxes. In this video, Clinton Donnelly explains how tariffs might bring in $1 trillion per year, why the IRS still collects over $2.5 trillion from income taxes, and whether tariffs alone could realistically fund the U.S. government. Clinton Donnelly, founder of CryptoTaxAudit and known as the Crypto Tax Fixer, breaks down:• How tariffs compare to IRS income tax collections• Why tariffs could shift the tax burden away from workers• Risks of relying on income taxes in an AI-driven economy with fewer human workers• Whether eliminating income taxes is realistic or just political theater📞 Need expert crypto tax help? Book here:👉 https://www.cryptotaxaudit.com/crypto-tax-consultation#Trump #Taxes #TariffsVsIncomeTax #CryptoTaxAudit #ClintonDonnelly #IRSAudit #CryptoTaxExpert🎙️ About Clinton DonnellyClinton Donnelly, LLM, EA, is the founder of CryptoTaxAudit.com, the leading crypto tax and audit defense firm for U.S. taxpayers. Known as the “Crypto Tax Fixer,” he’s helped thousands of investors legally report their crypto holdings and defend against IRS scrutiny.🏆 Award-Winning ExpertiseIn 2025, CryptoTaxAudit was named Cryptocurrency Taxation Services of the Year by Financial Services Review, recognizing Clinton’s unmatched reputation and legal precision in the crypto tax space. - https://www.financialservicesreview.com/cryptotaxauditCryptoTaxAudit specializes in:✅ Complex gain calculations and wallet tracking✅ Expat and foreign disclosure compliance✅ IRS audits, defense, and forensic tax strategies✅ Bulletproof crypto tax returns designed to resist audits📬 Work with the CryptoTaxAudit team:👉 https://www.cryptotaxaudit.com/tax-prep-waiting-list▬▬▬▬▬ NOTICE ▬▬▬▬▬⚠️ 𝗕𝗘𝗪𝗔𝗥𝗘 𝗢𝗙 𝗦𝗖𝗔𝗠𝗠𝗘𝗥𝗦 𝗜𝗡 𝗢𝗨𝗥 𝗖𝗢𝗠𝗠𝗘𝗡𝗧𝗦 𝗔𝗡𝗗 𝗖𝗢𝗠𝗠𝗨𝗡𝗜𝗧𝗬 𝗖𝗛𝗔𝗡𝗡𝗘𝗟𝗦We will never ask you for your personal information on social media. Beware of people masquerading as our host, guests, or sponsor company.📜 DisclaimerThe content in this video is for educational and entertainment purposes only. While we aim to provide accurate and up-to-date information about cryptocurrency taxation, this is not intended as legal, tax, or financial advice. Always consult with a qualified tax professional to ensure compliance with IRS regulations and accurate reporting of your cryptocurrency transactions.Related Search Terms: Cynthia Lummis crypto tax bill, digital asset tax bill 2025, crypto mining tax rules, staking crypto taxes 2025, IRS crypto audit, crypto tax expert near me, crypto tax consultant, crypto gain calculation, crypto tax preparation 2025, how to file crypto taxes, cryptocurrency tax audit, Clinton Donnelly crypto tax fixer
