Chairman's Report

A recent unanimous Supreme Court ruling should alarm all Americans. The court ruled that if a friend or co-worker of yours owes money to the IRS, the IRS can look at your bank account information without your knowledge even if there is no legal connection between you and the person the IRS is targeting for collection. That's wrong, and it's just another reason why we need to abolish the IRS by rep...

Recently an article appeared in The Hill detailing the rather dismal situation that many retirees and soon to be retirees face. The problem stems from the fact that our current tax system punishes something it should be rewarding--savings. By letting everyone save and invest tax free, the FAIRtax would make it a lot easier for people to have a happy and prosperous retirement.

When Florida Governor Ron DeSantis announced his candidacy for the Republican Presidential nomination, he was immediately attacked by a political action committee supporting former President Donald Trump. The attack was centered on the fact that DeSantis supported the FAIRtax when he was in Congress. Thanks to this attack ad, the question of keeping or eliminating the IRS is now a campaign issue t...

Recently, Senator John Thune (R-SD) came out in favor of what he called "a pro-growth, pro-opportunity, and pro-taxpayer tax code". To hear what he said, you'd think he was advocating for the FAIRtax. Unfortunately, he wasn't but the FAIRtax addresses everything the Senator said was wrong with the current tax code.

This week's Chairman's Report was guest written by former Congressman John Linder. Linder was the original sponsor of the FAIRtax in Congress and remains active in the effort to get it passed. He offers an insider's perspective on why the elites in DC are so adamantly opposed to the FAIRtax.

Rent seeking is an economic concept that's been around since the 18th century. It explains why DC has been so resistant to replacing the income/payroll tax system with the FAIRtax. Today, rent seeking involves obtaining economic wealth or opportunity from government payments without exchanging anything of value. Much of modern day rent seeking is aimed at the federal income tax code. The DC denize...

Many enemies of the FAIRtax seem to have adopted the above slogan which came from one of history's most notorious figures. In attacking the FAIRtax, they ignore a myriad of really serious problems with the income/payroll tax. They want to convince you that the FAIRtax is fatally flawed while glossing over how grossly unfair, complicated and unstable the income tax is. Check it all out in this week...

This week's Chairman's Report is a reprint of an article written by Dr. Karen Walby detailing the top ten reasons why Democrats should support the FAIRtax.

For decades, the elites in DC have been using sleight of hand to hide a significant portion of our federal tax burden from us. With the costs of the income/payroll tax system embedded in the prices of everything we buy, we're paying a good chunk of somebody else's taxes and don't even realize it. It's time for a system that shows the American people the true cost of their government. It's time for...

A recent article in the Wall Street Journal looked at the probability of your tax return being audited by the IRS. While the number of audits compared to the number of returns is rather small, the hassle, aggravation, expense and stress of being audited can be extreme for the unlucky few. There's a better way to do this. With the FAIRtax, the audit rate is zero because there is no more IRS.

This week's Chairman's Report is a reprint of an article written by Dr. Robert Genetski and published in the Epoch Times. It's no surprise that Dr. Genetski sees the FAIRtax as vastly superior to the income tax.

In this week's Chairman's Report, Steve Hayes shares an article written by noted economist Steve Moore, who has just become a member of the Advisory Board of Americans For Fair Taxation. He says there's only one way to deal with the IRS--lop off its head by replacing the income tax with the FAIRtax.

A new study from the Peter G Peterson Foundation draws some astounding conclusions about how effective the massive increase in the IRS's budget will actually be in reducing tax evasion. Check it out in this week's Chairman's Report.

This week's Chairman's Report was guest written by John Linder. John was the original sponsor of the FAIRtax when it was first introduced into Congress in 1999. He was once a flat tax supporter, but now believes that the FAIRtax is the best way to go.

This week's Chairman's Report is a reprint of an article written by Chad Hagen and published in the Epoch Times. In it, Mr. Hagen conclusively shows how the FAIRtax will benefit Americans of all income levels.

Some of the country's largest and most well-known tax preparation companies have been caught red-handed selling their customers' sensitive financial information to Facebook. Unfortunately, this is just one more example of how our personal, confidential information isn't so confidential. There's only one way to stop this kind of abuse--enact a tax system that doesn't require us to submit our sensit...

A recent study by the Stanford Institute for Economic Policy Research found that black taxpayers were 2.9 to 4.7 times more likely to be audited by the IRS than non-black taxpayers. That's just one more reason why the corrupt an incomprehensible income tax system should be replaced with the FAIRtax.

This week's Chairman's Report is based on an article written by Jeff Carter. Jeff has an impressive list of credentials as a successful businessman. See why he thinks that the country would benefit greatly if the income/payroll tax system was replaced with the FAIRtax.

This week's Chairman's Report is guest written by John Linder, the original sponsor of the FAIRtax bill in the House. John first exposes some of the dishonesty that opponents are directing at the FAIRtax. Then, he does the math and proves that the FAIRtax is a better deal for taxpayers than the income tax.

The FAIRtax has been promised a vote in the House and the establishment is scared. They're doing all they can to attack the FAIRtax, and the media is spreading their criticisms across the entire country. The problem is that they're not telling the truth, the whole truth and nothing but the truth. This week AFFT president Steve Hayes unmasks the lies and deception surrounding the FAIRtax.

This week's Chairman's Report is guest written by David Weber. David represents Maryland on the FAIRtax Board of Governors. David examines how the IRS fails the Diversity, Equity and Inclusion test miserably, while the FAIRtax passes it with flying colors.

A new CBO report indicates that Social Security is going broke even faster than we thought. An increasingly smaller number of workers is having to support an increasingly larger number of retirees. There's only one way to really fix the problem. Extend the tax base from just those working for a paycheck to everyone whose spending exceeds the poverty level. In other words, pass the FAIRtax.

In order to catch an admittedly small number of tax cheats, the IRS is going to impose draconian reporting requirements on all of us who receive payments through online payment services like PayPal and Venmo. If you receive just one payment for over $600, you'll get a 1099-K for the amount you receive. That's true even if that payment is for a transaction on which you actually incur a loss. It's j...

This week's Chairman's Report is guest written by CPA Jade Walle. In it, he addresses a question that's often raised about the FAIRtax concerning demand for new products. Since the FAIRtax taxes only new goods, there is fear that demand for new goods will dry up as people begin buying used goods in order to avoid the tax. Listen as Jade explains why this fear is unfounded.

Senator Whitehouse of Rhode Island has been caught red handed trying to get the IRS to persecute tax exempt groups whose politics the Senator doesn't like. Fortunately, he did not succeed, but the fact that he even tried it is more proof that the as long as the IRS exists, it will be used as a political weapon. There's no way to de-politicize the IRS. We can only abolish it by replacing the income...