02 April 2025
Escrowing Tax Payments—A Tax Embargo
The only constitutional method for removing an errant president from office before a federal election is impeachment; but that is currently impossible , given how obsequious the Congress is to President Donald Trump.
Citizen reaction to this quandary can only be effective by depriving the government of the resources it needs to relieve wealthy private and corporate entities of the burden of paying their fair share of the socially equitable programs they wish to avoid.
In the meantime, Federal income tax payments should be deposited in offshore escrow bank accounts and prohibited from release to a Trump Administration or to another authoritarian U.S. government. Moreover, foreign investors should be discouraged from buying any U.S. Treasury debt until the income tax revenue needed to financially service those obligations is freed from the citizen tax embargo.
The embargoed funds could also serve as collateral for bonds that would raise the money needed to fulfill America’s international obligations.
