Chairman's Report

There's a dirty little secret in Washington. Both parties want to redistribute wealth and want to use the income tax to do it. In this Chairman's Report, Steve Hayes looks at the unintended consequences of the Biden tax proposals. It's not pretty. There's a much better way--the FAIRtax.

CPAC is a great opportunity to get the FAIRtax message in front of both political and media people. When COVID restrictions forced the conference to move from the DC area to Orlando, it gave the Florida-based FAIRtax Guys a huge chance to promote the FAIRtax right in their own back yard. This is their report of the contacts they made and the results they achieved on behalf of the FAIRtax.

Cryptocurrency was designed to make it difficult for governments to keep track of who owns it. It's impossible for an outside party to determine who was involved in a cryptocurrency transaction. Obviously, governments are fearful that the rising use of cryptocurrency could lead to a decrease in tax revenue. In this week's Chairman's Report, Steve Hayes presents an elegantly simple solution to this...

The Biden administration has indicated that it wants the IRS to be more aggressive in its pursuit of tax evaders. While catching evaders who are shifting the tax burden onto honest taxpayers can be a good thing, there are plenty of perils awaiting both honest and dishonest taxpayers. Chief among them is the threat of referring cases for criminal prosecution. Honest taxpayers dealing with an unscru...

The COVID pandemic has put millions of our friends and neighbors behind the financial 8-ball. Unfortunately, instead of helping out, the income tax system is adding to the difficulties that many of these people are facing. Steve Hayes explains the outrageous situation, and shows how it would be much better under the FAIRtax.

This week, Steve Hayes pretty much turns the Chairman's Report over to economist Dr. Karen Walby to explain how the FAIRtax rate will be calculated in the years following its initial implementation.

Many people are clamoring for a $15 per hour minimum wage and believe that the best, or maybe only way to get there is by government mandate. However, doing it that way comes with some pretty nasty consequences. However, there is a way to boost wages without harming the businesses that pay those wages. In this week's Chairman's Report, Steve Hayes explains how passing the FAIRtax is really the bes...

If it costs you your peace, it's too expensive. The Federal income tax costs us a lot more than just our peace. Of course, it costs us a significant chunk of our income, but it also costs us our privacy, and in extreme cases, even our freedom. There's no reason for it to even exist except that it provides The Swamp in DC with a way to enrich themselves and to control us in the process. This week,...

This week's Chairman's Report looks at some of the Biden administration's tax proposals and looks at how they may drive people to move their money to a place like Puerto Rico where its citizens enjoy some favorable tax treatment. Of course, as always, Chairman Steve Hayes explains why the FAIRtax is the best tax proposal of all.

There's no doubt that the economic impact of the COVID pandemic has been huge. Governments around the world have spent trillions of dollars fighting it. This week, Steve Hayes looks at how the FAIRtax could bind all citizens together to fight our common COVID enemy and increase the probability of success.

When Rob Woodall retired from Congress, that left us needing a new lead sponsor for the FAIRtax. On Congressman Woodall's recommendation, we approached Congressman Buddy Carter of Georgia, and he gladly stepped into the role. In this Chairman's Report, we meet HR-25's new lead sponsor, Buddy Carter.

Tax evasion. American jobs being shipped overseas. Massive compliance costs imposed on American businesses. Highly regressive payroll taxes that hit hardest on those who can least afford to pay them. These are just a few of the huge problems associated with the income/payroll tax system. Well, there's a vaccine for all that and more. It's the FAIRtax. The FAIRtax gets rid of all these problems by...

In this week's Chairman's Report, Steve Hayes looks at the power of choice as it relates to taxation. With a consumption tax like the FAIRtax, people have the power to choose how much tax they pay. With the income tax, not so much. So, if you'd like to see the power of choice restored to taxation, join us in demanding the FAIRtax.

California's overall taxation level is among the most oppressive in the country and its citizens are responding. Many are leaving the state while others are turning to the constitutional amendment process for relief. This week, Steve Hayes looks at two measures regarding property taxes and the state's exorbitant gasoline tax. Of course, the real answer to their taxation problems is the FAIRtax.

Most people understand that every dollar they pay in taxes is a dollar they can't use to make purchases or pay bills. However, most people have absolutely no clue how much they really pay in taxes. That's because the government keeps the true cost of the income tax system hidden from us. This week, Steve Hayes blows the cover on some of the government's dirty little secrets and explains how the FA...

Texas is one of just a few states that does not have a personal income tax. However, that doesn't mean it can't benefit from having it's own FAIRtax. In an article published in Today's CPA magazine, CPA Jade Walle proposes that Texas replace its cumbersome and inefficient property tax system with a state level FAIRtax. The benefits are many, including a state wide improvement in the quality of pub...

As this is being published, the outcome of the Presidential election of three days ago is still undetermined. While both sides are anxiously awaiting a final resolution, it should be noted that regardless of the outcome, we still have a country where we the people still get to decide who occupies the Presidency and who will represent us in Congress. That's good. Unfortunately, we also have a syste...

Our politicians spend countless hours messing with the tax code when they could be dealing with issues that are really important. In this week's Chairman's Report, Steve Hayes looks at how the Congress Critters use a constantly changing tax code to keep our attention on our own pocketbooks rather than on what the Ruling Class is really doing to us.

In this week's Chairman's Report, AFFT President Steve Hayes puts forth some solid numbers on why more manufacturing jobs would be good for everyone in America, and why losing those jobs hurts everyone.

This week AFFT President Steve Hayes takes a break from the normal routine of promoting the FAIRtax and explains some of the unprecedented things that could possibly happen in the 2020 Presidential Election.

Employees and contractors are treated differently under the income tax. In this Chairman's Report, Steve Hayes looks at the differences and also at some of the problems this has caused. The answer to all these problems? The FAIRtax.

Imagine trying to make a family budget when you don't know what next month's rent, car payment, health insurance payment, or even what next month's paycheck will be. That's the kind of instability we have with the income/payroll tax system. In this week's CR, Steve Hayes looks at how the madness is continuing and how much better it would be with the FAIRtax

On the subject of tax evasion, who are you going to believe? A CPA crunching real numbers, or the Swamp Creatures looking to protect a system that gives them money and power? In this week's Chairman's Report, Steve Hayes presents hard and fast evidence from Jade Walle, a highly respected CPA that shows how dramatically passing the FAIRtax would reduce tax evasion.

President Trump wants to get rid of the Social Security payroll tax. We agree. It is arguably the most regressive Federal tax on the books. Getting rid of the payroll tax has been a feature of the FAIRtax from day one. So, the President is really advocating for one of the principal features of the FAIRtax. Since the FAIRtax accomplishes something the President is on record as wanting to do, we jus...

The Swamp thinks there will be more evasion under the FAIRtax than the income tax. Really?? In this week's Chairman's Report, Steve Hayes points to two studies that show in black and white just how ridiculous that claim is. This is good information that every FAIRtax supporter should be aware of.