A Smart Way to Pay for the Trump Tax Cut: Auction Federal Assets
Stephen Moore 10:30 AM | February 01, 2025
The federal government owns multiple trillions of dollars of federal assets -- from land, to buildings, to patent rights, to mineral rights, to immigrant visas, to oil fields to trucks and trains and unused office furniture equipment.
The government could earn well over $1 trillion and perhaps as much as $10 trillion by selling off these assets that are simply hoarded (figuratively) in the dark and dusty basement of government buildings. These assets could then generate added annual tax receipts once they are utilized for productive purposes.
I'm not talking about selling the Washington Monument or Yellowstone National Park. The sales could and in most cases should be limited to American citizens and American businesses.
I'm referring to NON-environmentally sensitive properties that could be put to use growing our economy and using the money to retire some of our $35 trillion national debt.
It's a win-win for taxpayers, our children (who will be handed a lower debt obligation) and the U.S. economy.
Some of the most valuable assets that should be put on the auction block immediately are tracts along the electromagnetic spectrum. The spectrum contains the invisible airwaves that power cellphones, Wi-Fi and other wireless technologies -- such as 5G communications.
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https://hotair.com/stephen-moore/2025/02/01/a-smart-way-to-pay-for-the-trump-tax-cut-auction-federal-assets-n3799376