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April 15, 2025 79 mins
Watch The X22 Report On Video No videos found Click On Picture To See Larger Picture Thousands of workers at the IRS combined owe a total of nearly 50 million in overdue taxes. Trump's tariffs are working, China is panicking and now they are making fun of American's. Big Fail. Trump confirms the economic target,the Federal Reserve, it is time to end the endless. The [DS] says the quiet part out loud, they are working with AG to try to keep Trump in court for the next four years. Their plan is now failing which means they will be moving to the next phase. Trump's counterinsurgency is building, the MAGA movement is gaining support. Bongino sends another message letting everyone know they are working behind the scenes. This is bigger than anyone can imagine.   (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:13499335648425062,size:[0, 0],id:"ld-7164-1323"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="//cdn2.customads.co/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); Economy https://twitter.com/LizMacDonaldFOX/status/1912112506631332319  2,484 IRS contractor employees owed taxes, with 1,729 not on payment plans. Despite the IRS’s authority to terminate employees who willfully fail to pay taxes, only 20 of the 70 agents identified as willfully avoiding taxes were terminated. And: Between 2004 and 2024, the IRS identified 1,650 IRS employees who willfully violated tax laws. Offenses included improperly claiming dependents, repeatedly failing to file timely tax returns, and falsely claiming tax credits. Despite a 1998 law mandating termination for such violations, only 39% of the 1,580 employees caught evading taxes between 2004-2013 were fired, resigned, or retired, while 61% received lesser penalties such as suspensions or reprimands. This, as Democrats demanded $80B for 87,000 more agents and workers to audit you to pay for record government overspending. That’s now been cut to $38B. https://twitter.com/KobeissiLetter/status/1912086393527951866 https://twitter.com/libsoftiktok/status/1912205461908004882 How come the chinese sound like the Democrats, Calling the people of the US names Taiwan President Sounds Hopeful About First Round of Tariff Talks Taiwan's President Lai Ching-te,  , indicated that the first round of trade talks with the Trump administration has gone "smoothly." That's a hopeful note, especially given that Taiwan is a major manufacturer of semiconductors - which are essential in the operation of almost everything these days. The first round of talks between representatives of Taiwan and the U.S. was held on Friday.   Source: redstates.com https://twitter.com/unusual_whales/status/1912136074618372229   Canada has announced a temporary six-month relief from counter tariffs on U.S. goods used in manufacturing, processing, and food and beverage packaging, effective as of April 15, 2025. This measure aims to ease supply chain pressures and support Canadian industries by reducing costs for businesses reliant on these imports. The relief applies to goods that cannot be sourced domestically or reasonably from non-U.S. suppliers, and in cases where exceptional circumstances could severely impact the Canadian economy.    https://twitter.com/WarClandestine/status/1911868130168647861  No, A 50% Tariff Doesn't Mean A 50% Price-Hike The tariff doomsday machine is roaring again.  This time, it’s over talk of a 50% tariff on certain imports. Predictably, the panic-peddlers are out in force, warning that such a tariff means retail prices will skyrocket 50%.     a tariff applies to the transaction value, not the final retail price.  The transaction value is what the importer pays the exporter, plus freight and insurance.  That cost is just the first step in a long supply chain.
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