Chairman's Report

The old axiom says that we get less of what we tax. This week, guest author Jade Walle shows that that's not necessarily true when it comes to the effect the FAIRtax will have on the US economy.

Like the scorpion who stings the turtle in the famous fable, the IRS continues to do things that chip away at what little support they currently have with the American people. Case is point is how the IRS is now aggressively pursuing people who make money online.

Our nation is over $35 trillion in debt. It's clear that our politicians are addicted to spending more than they take in. In this week's Chairman's Report, guest writer Jade Walle explains how the FAIRtax would help rein in our government's runaway spending.

In addition to the actual taxes collected, the income/payroll tax system imposes an almost unimaginable additional burden on American taxpayers. This week, AFFT president Steve Hayes highlights a Tax Foundation study that shows how bad the current tax system really is.

This week's Chairman's Report is guest written by Bob Paxton. In it, he looks at the recent legislation aimed at getting rid of the state income tax in Mississippi. While that sounds like a good thing, all is not as it seems.

This week's Chairman's Report is guest written by CPA Jade Walle. Jade reviews a rather unconventional book on financial planning and observes that none of the author's recommendations would be needed if the FAIRtax was the law of the land.

This week's Chairman's Report is written by Tony Urbanek. Tony is a Tennessee resident and a member of the AFFT Board of Directors. He proudly reports that Tennessee has passed Resolution HJR 17 urging the President and Congress to pass HR 25, the FAIRtax.

This week's Chairman's Report is written by Jade Walle, a practicing CPA and one time member of the AFFT Board of Directors. He notes that the IRS modernization project is in year 35 of a five-year plan--and it's still five years away. Fortunately, there's a solution to modernizing America's tax system. Pass the FAIRtax.

This week's Chairman's Report is guest written by Dr. David Kendall, a professor of economics and finance at the University of Virginia's College at Wise. In it, Professor Kendall makes a compelling case against the income tax from a moral point of view.

This week's Chairman's Report is guest written by Jade Walle. In it, he explores how senior citizens will fare under the FAIRtax as compared to the current income tax. Spoiler alert--the FAIRtax wins.

American taxpayers know that there are significant costs associated with the income tax above and beyond one's tax liability. In this week's Chairman's Report, AFFT president Steve Hayes shares an article written by Professor Glenn Harlan Reynolds that details just how expensive the income tax system really is.

Over the years, the federal government has spent billions of dollars on environmental causes. Like the Solyndra debacle, most of those dollars have been wasted. In this week's Chairman's Report, guest author Jade Walle shows us a better way--the FAIRtax.

Remember Charles Littlejohn? He's the IRS contractor who stole and leaked confidential income tax data. It turns out that the leak involved a lot more people than originally thought. Want to stop something like that from ever happening again. There's only one way. Replace the income tax with the FAIRtax.

DOGE is finding billions of dollars of government waste, but for people to fully support cutting it, they must be able to see how cutting waste directly benefits them. This week, AFFT president Steve Hayes shows how the FAIRtax will help people see a direct benefit from cutting government waste and in the process, help balance the federal budget.

In just a few short weeks the Department of Government Efficiency has uncovered billions of dollars of government waste. This has left thousands of people wondering how such a thing could happen. Charley Reese, a columnist with the Orlando Sentinel published the answer in 1995. This week, AFFT president Steve Hayes shares that column.

Democracy and bureaucracy are two entirely different things with regard to our government. In this week's Chairman's Report, guest author Jade Walle takes a look at which side the income tax and the FAIRtax fall on.

Government elites in countries all around the world have used various methods of controlling their populations, but their goal has always been the same--to protect their own positions of power. In this week's Chairman's Report, AFFT president Steve Hayes draws a striking comparison between the German elites who used the Berlin Wall to control their population and the DC elites who do the same to American citizens using the income tax and the IRS.

This week's Chairman's Report presents an article authored by Roger Buchholtz. Roger is a successful businessman and ardent FAIRtax advocate.

Is asking Congress to pass the FAIRtax a bridge too far? Not necessarily. See why in this week's Chairman's Report guest written by economics professor Dr. David Kendall.

Alexander Hamilton published Federalist Paper 21 in December of 1787. This week, AFFT president Steve Hayes looks at the parts of that paper that are still relevant to what taxation should look like today.

Most people don't think about it, but the cost of complying with the myriad of federal regulations that touch just about every aspect of our lives is staggering. AFFT president Steve Hayes looks at some of them in this week's Chairman's Report.

President Trump has indicated that he is serious about shaking up the Washington establishment that has ruled for as long as any of us can remember. His second term is going to be anything but business as usual in the nation's capital. This gives us the best opportunity we've ever had to abolish the income tax that the establishment has used as a cash cow for decades. Now is the time to mobilize and let your representatives know that you want the FAIRtax.

Will the American people support abolishing the income tax and the IRS even when the tax agency isn't causing them an immediate problem? AFFT president Steve Hayes thinks they will and offers proof in this week's Chairman's Report.

The FAIRtax deals exclusively with collecting revenue, not government spending. Still, AFFT vice president Randy Fischer shows how enacting the FAIRtax would encourage a reduction in federal spending and help bring our burgeoning national debt under control.

Donald Trump is on record saying he wants to abolish the income tax and instead, fund the government largely with tariffs. This week, AFFT president Steve Hayes takes a look at an article by economist Peter St. Onge that explores what would happen if President Trump does indeed get rid of the income tax.

Believe it or not, an author from the 5th century BC is showing us the way to pass the FAIRtax. According to Sun Tzu, knowing your enemy as well as knowing yourself is the key to victory in any conflict or competition. The FAIRtax has many opponents, but they're not a monolithic group. Each has their own reasons to be concerned about replacing the income tax with the FAIRtax. AFFT president Steve Hayes shows us how to achieve victory in our fight for the FAIRtax by applying Tzu's basic principle.

Passing the FAIRtax will require having a President who is willing to lead the charge. We have one in President Trump. While he hasn't fully embraced the FAIRtax yet, Mr. Trump has indicated that he would like to eliminate the income tax. The Trump Presidency represents a chance to pass the FAIRtax that might not come again in our lifetime. Let's be sure we make the most of it.

Mark Cuban is convinced that Kamala Harris will not impose a tax on unrealized gains if she is elected President. However, Ms. Harris has not backed off from her previously stated position of favoring a "billionaire minimum tax" that would indeed include taxing unrealized capital gains. Of course, there's no guarantee that she could get such a tax through Congress. Still, we have a choice between two candidates with very different ideas on taxation. So, choose wisely when you vote.

You hear the same old rhetoric every election cycle. "The rich aren't paying their fair share of taxes". A recent article in Forbes by John Goodman challenges this notion by asking questions no one in the media seems willing to ask. Goodman illustrates just how broken our income tax system is and AFFT president Steve Hayes provides the solution--the FAIRtax.

Nathan Lewis recently wrote an article for Forbes supporting Donald Trump's idea to replace the income tax with a value added tax. While replacing the income tax is a good idea, the value added tax is not. AFFT president Steve Hayes explains why in this week's Chairman's Report.

"We need to raise corporate taxes and make these rich corporations pay their fair share." That may be good political rhetoric in some circles, but economically, it's a terrible idea. This week, AFFT president Steve Hayes looks at an article written by Congresswoman Carol Miller about the effect of corporate taxes on the economy.

Polls are often inaccurate because some people don't share their true thoughts and feelings. They'll say what they think society expects of them in public, while holding a different opinion in private. This week, Steve Hayes explores what this "social pressure index" means for the FAIRtax.

It seems that every election cycles, the politicians roll out their latest ideas for fixing the tax system. Unfortunately, all these ideas are based on the faulty premise that we're stuck with the current income-payroll tax system.This week, guest writer Randy Fischer looks at four of President Trump's tax proposals and shows how the FAIRtax takes these good ideas and does it better.

Immigration has been a hotly debated and bitterly divisive issue in this country. This week, AFFT president Steve Hayes explains how passing the FAIRtax will force Congress to tackle the issue and implement a sane immigration policy.

Ideally, a fair tax system would be used solely to raise the revenue the government needs to operate. Unfortunately, our politicians have used it for a number of other purposes. The FAIRtax would bring our system of taxation back to basics.

AFFT president Steve Hayes recognizes Labor Day and pays tribute to the contributions that working people have made to this country.

The income tax robs us of our hard earned money. This week, AFFT board member Randy Fischer explains why a consumption tax that we would pay at our own discretion would be a much better system.

Senators John Barrasso (R-WY) and Mike Crapo (R-ID) have sent a letter to IRS Commissioner Danny Werfel demanding to know where the IRS got the authority to establish a Direct File tax preparation program. AFFT president explains why this is a bad idea in this week's Chairman's Report.

The emperor in Hans Christian Andersen's famous fairy tale actually has a lot in common with the elite Washington establishment. AFFT president Steve Hayes explains the connection in this week's Chairman's Report.

You would think that the last place you would find tax cheats would be at the IRS. You would be wrong. This week's Chairman's Report exposes the shocking number of tax cheats who work for the IRS, and highlights one Senator's efforts to clean up the problem.

The Internal Revenue Code is incredibly complex and comes with a boatload of nasty problems. In this week's Chairman's Report, AFFT president Steve Hayes details seven particularly troublesome problems with the current tax system and explains how the FAIRtax solves them all.

Donald Trump has proposed getting rid of the income tax and replacing that revenue with tariffs on imported products. AFFT president Steve Hayes explains why that's the wrong way to do it and why the FAIRtax is a much better solution.

This week's Chairman's Report is guest written by AFFT Advisory Board member Chad Hagan. In it, he looks at Arkansas governor Sarah Sanders' efforts to replace that state's income tax with a state level FAIRtax.

A recent Supreme Court decision held that it is constitutional to tax the unrealized earnings of American taxpayers who hold shares in a foreign corporation. In this week's Chairman's Report, AFFT president Steve Hayes explains how that's bad for taxpayers, but good for the FAIRtax.

There are two basic types of freedom, freedom from and freedom to. The FAIRtax contains both. Check it all out in this special July 4 Chairman's Report.

This week's Chairman's Report is guest written by AFFT Board member Randy Fischer. In it, he looks at an article by Victor Davis Hanson regarding the complete extinction of once thriving cultures. One common theme in all of these instances is how the people came to resent and then resist their government. Randy points out how the FAIRtax can mitigate that feeling in our American society.

This week's Chairman's Report shares a letter written by John Linder to President Trump. Linder, the original sponsor of the FAIRtax in Congress, outlines several really good reasons why Mr. Trump should embrace the FAIRtax and make it part of his campaign for President.

Dishonest politicians will tell you that they can lower your personal tax burden by making rich corporations pay their fair share. What they don't tell you is that individuals pay every penny of a "corporate" tax. Learn the truth about corporate taxation in this week's Chairman's Report.

IRS Commissioner Danny Werfel appeared before the House Appropriations Committee on May 7, 2024. During that appearance, he outlined a number of dire consequences that would happen if the agency was not granted massive new appropriations. What the commissioner didn't talk about was where the massive new appropriation contained in the Inflation Reduction Act went. It's time to eliminate the IRS and its multi-billion dollar budget. It's time to pass the FAIRtax.

This week's Chairman's Report is guest written by Randy Fischer. Randy looks at a number of different issues that voters care about, and explains how running for President on the FAIRtax would be a winning campaign strategy.

The United States is drowning in debt and the DC elites don't seem to care. Unfortunately, the laws of economics are unyielding. The more the Feds borrow, the more things cost us the consumers. The solution is to stimulate economic growth and begin paying down the debt. The best way to start that process is to pass the FAIRtax.