Chairman's Report

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 a...

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...

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...

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.