"Nothing is more powerful than an idea whose time has come."
Alternate Website Access:
July 4 deadline for new income tax in CLARITY Act to become law
https://www.youtube.com/watch?v=acWmZcRLpm0
"Agentic AI" - Autonomously plans and executes the legal framework of IRS with minimal human oversight.
"There is no statute in the Internal Revenue Code that clearly makes the average American wage earner liable to file a 1040 or pay income tax on their labor. And the Code of Federal Regulations, 26 CFR § 601.602, states explicitly: “The tax system is based on voluntary compliance.”
The White House is targeting a July 4 deadline for the CLARITY Act to become law, which will be the legal framework for the agentic crypto economy, and comprehensive oversight by the IRS.
The US has explicitly rejected the CBDC model in favor of privately issued, dollar-backed stable coins regulated under the GENIUS Act and soon the CLARITY Act. But the surveillance and programmability concerns associated with CBDCs are still being achieved through state-mandated reporting wrapped around privately issued tokens that are functionally just as traceable.
Circle, the issuer of the USDC stable coin which handles 98% of AI agent payments, is positioning itself as infrastructure for tokenized carbon credits. And so if a future carbon tax were ever implemented, the infrastructure will already be in place for it.
A former IRS Special Agent joins Redacted to reveal the inner workings of an agency he describes as the ultimate wing of the American deep state. This deep dive exposes the secretive tactics used to wield power over citizens and explores the legal realities behind the country’s most feared financial institution. Learn why this veteran insider believes the system is fundamentally broken and what it means for the future of your personal freedom.