Chairman's Report

No tax on tips is a simple promise President Trump made repeatedly on the campaign trail. Unfortunately, after Congress got through with it, it was anything but simple.

CPA Jade Walle guest writes this week's Chairman's Report. In it, he looks back at Charlie Kirk's tremendous impact on young people and discovers why America's youth are ripe to embrace the FAIRtax.

A recent Pew Research poll reveals something most Americans already know--of all the federal agencies, the IRS is the one that the American people like the least.

In this week's Chairman's Report, AFFT president Steve Hayes looks at some staggering figures uncovered by the Tax Foundation regarding how much the federal income tax system really costs the American people in both time and money.

The DC Elites will tell us that we're better off leaving economic decisions to them because we ordinary people lack the intellectual horsepower to understand basic economics. This week's Chairman's Report shows just how wrong they are.

Sometimes even people who think that the FAIRtax is a great idea are somewhat discomforted by the fact that the FAIRtax has no proven track record of being successful. What people may not know, is that two of the biggest economies in the world thrive on a taxation system similar to the FAIRtax.

In this week's Chairman's Report, guest author Jade Walle explains how rental property owners would fare under the FAIRtax vs. the current income tax system.

Monday is Labor Day, a federal holiday established to honor the importance of labor and workers in our society. While those in Congress say they honor labor, they continue to prop up a failed tax system that is actually working against us as we try to turn our labor into the things our families want and need.

Adam Smith is often recognized as the father of modern economics. One passage from his "The Wealth of Nations" is often quoted as proof that Smith favored a progressive income tax. However, that claim doesn't hold up under closer examination. What Smith actually favors is proportional taxation. And that's exactly what the FAIRtax delivers.

Again, this week's Chariman's Report is guest written by CPA Jade Walle. In it, he looks at how the FAIRtax will impact sole proprietorships and other extremely small businesses.

President Trump's Big Beautiful Bill did make some positive changes to the income tax system. However, the question remains, which is better for business, the new, improved income tax system, or the FAIRtax? Guest author Jade Walle takes a look and comes to a solid conclusion. The FAIRtax is still the clear winner.

By the time the Big Beautiful Bill made it through Congress, President Trump got a lot less than he promised when he said that he was going to eliminate income taxes on Social Security, tips and overtime. But there's still a way to do all that and more. Pass the FAIRtax.

The Big Beautiful Bill contains $175 billion in spending for border security. This week, guest writer Jade Walle explains how the FAIRtax would enhance border security without the need to spend billions more.

We heard a lot about reconciliation when Congress was working on passing the Big Beautiful Bill. But how would the FAIRtax advance in the Senate if it were passed by the House? Guest writer Jade Walle has a surprising answer in this week's Chairman's Report.

This week's Chairman's Report is guest written by Rich Germaine. In it, Rich analyzes a recent poll on voter opinions about taxation and the current tax system. It's really good news for the FAIRtax.

The FAIRtax provides American taxpayers with two critical and interdependent aspects of liberty--freedom from and freedom to. Check it all out in this week's Chariman's Report.

With President Trump's Big, Beautiful Bill working its way through Congress, guest author Jade Walle shows how the FAIRtax is really much bigger and much more beautiful when it comes to meeting the three factors that economists agree are vital for promoting economic growth.

With no fanfare and very little public notice, the Biden administration gave the IRS some rather frightening powers that are still being used even though Joe Biden is no longer in the White House. Check it all out in this week's Chairman's Report.

This week, guest author Jade Walle points out that anyone who studies politics and knows what the two parties believe in and stand for would be shocked to learn that Democrats are not supporting the FAIRtax in droves. That's because the FAIRtax checks so many of the Democrat boxes.

Pope Leo XIV is the first American citizen to hold that office, but the IRS could be brewing up some trouble for him. That's because the United States is the only developed country in the world that taxes its citizens who live outside its boundaries. See what kind of traps the newly elected Pope could fall into in this week's 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.