Donald Trump’s Trade‑Based Income System Aims to Replace Taxes

Two recent episodes of the X22 Report claim the current U.S. administration is pursuing an "income system" that would fund government operations through trade and production rather than direct taxes. The program allegedly relies on aggressive tariffs and the repatriation of manufacturing from countries using low‑cost labor, especially China, and on expanding domestic nuclear power to lower energy costs.

The broadcasts also allege a broader dismantling of the global monetary framework, describing the Federal Reserve and other central‑bank institutions as being "destroyed" by a shift toward sound‑money principles and increased national self‑reliance. The hosts argue that these steps would reduce inflation, lower energy prices, and restore economic sovereignty.