Chairman's Report

With the passing of Ron Maiellaro, the FAIRtax movement lost one of its most passionate supporters and most effective spokesmen. This week's Chairman's Report is largely guest written by Bob Paxton, Ron's FAIRtax Power Radio co-host for over six years.

It's a simple truth. If you want more of something, reward it. If you want less of something, punish it. In this week's Chairman's Report, we clearly see how the income/payroll tax system punishes labor, while the FAIRtax would reward it.

This week's Chairman's Report is guest written by Jade Walle, a CPA and a board member for Americans For Fair Taxation. Jade uses the analogy of putting a golf ball to explain the burdens that the income tax system imposes on businesses and how the FAIRtax turns it all into a gimmie.

The nine most frightening words in the English language apply to a new proposal floating around DC. In this Chairman's Report, Steve Hayes explains why letting the IRS prepare everyone's tax return is a really bad idea.

The idea of taxing government may seem silly to some people, but the fact is that the government is already being taxed under the income/payroll tax system. This week's Chairman's Report breaks down information compiled by Dr. Karen Walby about how that all works and how the FAIRtax will make everything more transparent.

An article in the Wall Street Journal points out that many wealthy people are financing big purchases by borrowing against the value of their capital investments rather than selling them. This has prompted the bureaucrats to propose even more complicated changes to the tax code to deal with this "grave injustice". Just don't expect the DC crowd to play by the same rules they impose on everyone els...

Congressmen Mike Kelly and John Lewis tried to turn the IRS from an adversary into a resource for taxpayers. Unfortunately, they weren't successful. They made a good faith effort, but like putting lipstick on a pig, you just can't change something by dressing it up. The IRS is still a dysfunctional agency tasked with an impossible mission. The only way to make it better is to get rid of it. And th...

A month ago, the Chairman's Report dealt with the story of how anti-Republican bias at the IRS resulted in a faith based group in Texas being denied tax exempt status. Well, thanks to an outpouring of outrage against this blatantly politically biased action, this story has a happy ending. Check it out in this week's Chairman's Report. We the People still hold the ultimate power.

On June 11, the Chairman's Report detailed how Steve Hayes narrowly avoided having an unjustified tax lien filed against him by the State of California. Dyane Smith wasn't so lucky. Dyane is also a lawyer, but she's been engaged in a 20 year fight with the IRS. Listen to her nearly unbelievable story of just how careless, incompetent and vindictive the IRS can be. What happened to her alone is mor...

You've no doubt heard some claim that taxation is theft. That's not entirely correct, but since taxation does force people to give up their money against their will, some of the same moral principles that apply to theft also apply to taxation. This week, Steve Hayes looks at the morality of taxation and how the FAIRtax beats the income tax in the moral arena.

This week, the Chairman's Report pauses to reflect on why we're persisting with our efforts to replace the income tax with the FAIRtax, and to wish everyone a happy 4th of July.

It looks like the spirit of Lois Lerner is still alive and well at the IRS. A religious group in Texas was recently denied tax exempt status because the principles it teaches would lead people to vote Republican. This continued pollicization of the IRS one of the many reasons we need to replace the income tax with the FAIRtax and exterminate the IRS forever.

Recently, confidential tax return information on some of America's wealthiest individuals was leaked in an effort to drum up support for raising taxes on the rich, and there's a good chance the leakers will not be punished. That should frighten everyone, because if it can happen to them, it can happen to you. There's only one way to stop activist bureaucrats from compromising confidential tax retu...

This week,, Steve Hayes shares a harrowing, personal story about what can happen when a taxing authority's computer makes a mistake. With the current administration proposing to triple the IRS's budget to allow for the purchase of newer, more powerful and more sophisticated computers, it provides a chilling look into what we might expect should the IRS get its hands on this technology.

Few things within our government are more obviously broken than our income/payroll tax system. One of its worst faults is the ease with which it is evaded and defrauded. The examples noted in this week's Chairman's Report are just the tip of the iceberg. So, when something so clearly in need of replacement stubbornly continues to hang on, there can be only one reason. Follow the money. It's time t...

During the 2016 campaign, Donald Trump repeatedly noted to minority audiences that decades of Democrat policies had not significantly advanced their station in life. He then challenged them to vote for him by asking "What have you got to lose?" It's time to do the same with the FAIRtax. After decades of living under the income tax, many Americans are still living paycheck to paycheck and don't hav...

DC wants us to be like the proverbial three monkeys--See no evil, Hear no evil, Speak no evil. In other words, just be quiet and don't question us. We know what we're doing and we have your best interests at heart. In the meantime, an old enemy is on his way back into our lives. Inflation is threatening to come roaring back and ruin our economic stability. There's a really good way to defeat infla...

The good news: A noted economist is calling for replacing the income tax with a consumption tax. The bad news: He's recommending a VAT, not the FAIRtax. Even though he's not advocating for the FAIRtax at this point, it's still a step forward that someone of his stature and professional reputation sees the need to replace the income tax. Check it all out in this week's Chairman's Report.

For decades, the Washington politicians have been misleading the American people on how much their spending proposals cost and how they can be paid for. They get away with this because the people generally have no idea how much the government actually costs them. In this week's Chairman's Report, Steve Hayes details just how dishonest some of these politicians have been in covering up the true cos...

When it comes to investing, it's not how much you make that counts. It's how much you get to keep after taxes. Currently, capital gains taxes are relatively low at 20%, but that might not last long. If President Biden gets his way, capital gains taxes will nearly double. This will have a crushing effect on the economy. The FAIRtax doesn't tax capital gains at all until they are spent on the retail...

In testimony before the Senate Finance Committee, IRS Commissioner Charles Retting finally testified that tax evasion is costing the government at least a trillion dollars a year. The Biden administration is responding with more aggressive enforcement, but is that the answer? Not really. The best way to solve this problem is to implement a system that doesn't lend itself to massive evasion. The so...

Do you ever wonder why a great idea like the FAIRtax runs into so much resistance in Congress? The short answer is money. This week Steve Hayes uncovers some eye-popping reasons why Members of Congress are so beholden to the powers in Washington that profit from the income tax.

The Biden administration is proposing massive tax hikes on corporations to finance a long list of spending initiatives. At the same time, he's promising that his tax proposals won't affect any single taxpayers making under $200,000 a year, or any married taxpayers making $400,000 or less. The problem is that that's just not possible. AFFT President Steve Hayes breaks it all down and again demonstr...

Once again, the "smart people" in DC have created another mess while supposedly trying to solve a problem. This time, it's our kids who suffer for it. Check it all out in this week's Chairman's Report, and see once again how the FAIRtax is the answer to making it right

Up to now, America's wealthiest taxpayers have been able to structure their affairs to greatly minimize their tax liability. However, with a new administration in Washington promising to target the 1% for higher taxes, many of them may soon decide that getting rid of the income tax is actually in their best interests. In this week's Chairman's Report, Steve Hayes explains how and why that could ha...