Chairman's Report

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...

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.

Many of us are using artificial intelligence (AI) to simplify many of our daily activities. The IRS is using it too, but they're using it to pry into your personal financial data without a warrant. If the IRS is going to continue to ignore our Fourth Amendment rights, the only way to stop them is to abolish the IRS by passing the FAIRtax.

Congressman Buddy Carter is the primary sponsor of the FAIRtax Act in the House of Representatives. Just recently, his office issued a press release calling for April 16 to be recognized as national FAIRtax Day.

This week's Chairman's Report shares an article that was written by John Linder for Fox News. It details eight things that the FAIRtax would change about Tax Day.