Chairman's Report

There are literally dozens of ways to evade the Federal income tax. Every year, the IRS publishes the 12 worst--the Dirty Dozen. The schemes on the list may change from year to year, but one thing that won't change is that people will continue to evade the income tax because it's so easy to do. It's time to get rid of the Dirty Dozen by replacing the income tax with the FAIRtax.

Imagine a high school pitcher trying to strike out a Major League Baseball batting champion. Or a high school basketball player trying to guard LeBron James. Well, that's just the kind of mismatch that newly hired IRS agents will find themselves in when they try to audit individuals and businesses who are represented by seasoned tax professionals. Anyone who thinks that hiring thousands of rookie...

Usually, the IRS looks to catch and punish those who are evading their federal income taxes. But you may be astounded to know that the IRS is actually helping the wealthy and well connected among us to skirt the law and evade millions of dollars in taxes. Read all about it in this week's Chairman's Report.

The income tax has always taxed our income as we receive it. Money we haven't actually received, like an increase in value of a stock we hold, isn't taxed until the stock is sold and we actually have the money in hand. But now, Congress is trying to tax us on these unrealized gains. This fall, the Supreme Court will decide if that's legal or not. If the Court rules in favor of the government, that...

Ideally, a tax code should focus exclusively on setting up the laws that define how a government will raise the revenue it needs to operate. Unfortunately, our Internal Revenue Code goes well beyond just raising the money the government needs to run. Congress has turned the Internal Revenue Service into a welfare agency. Check it out in this week's Chairman's Report.

This week's Chairman's Report is guest written by Tom Patterson. Tom is a member of the AFFT Advisory Board. His article makes a compelling case for replacing the income tax with the FAIRtax.

The IRS wants to implement an online system where people can file their tax returns electronically for free. Sounds like a good idea on the surface given that American taxpayers shell out millions of dollars every year getting their taxes done. However, there's a sinister goal lurking under all the rhetoric about making it easier and cheaper for taxpayers to file their taxes. Check it out in this...

Criminals stole at least a trillion dollars during the pandemic. Astoundingly, none of the additional $80 billion allocated to the IRS is earmarked for reducing fraud or even catching the thieves. Instead, the additional funding will be used to harass honest taxpayers in the name of catching tax cheats. Why would DC do this? Find out in this week's Chairman's Report.

It should come as no surprise that a recent Inspector General's report has found more problems at the IRS. Specifically, the IRS is failing to meet even minimum standards for care and efficiency, and it is not properly protecting the confidentiality of our personal data. These problems can't be fixed. The only real solution is to abolish the IRS by replacing the income tax with the FAIRtax.

Recently, newstrail.com published a wildly inaccurate report on the FAIRtax. This week's Chairman's Report is AFFT board member Jim Bennett's thoughtful response to that article.

Hunter Biden is definitely a member of the DC elite Ruling Class. So, it should come as no surprise that according to whistleblower testimony obtained by the House Ways and Means Committee, Mr. Biden ignored tax laws and failed to pay millions of dollars in income taxes. Sadly, this is far from an isolated incident illustrating the corruption inherent in our income tax code. It's time to replace a...

In yet another chilling story of the IRS threatening and abusing American citizens, this week's Chairman's Report details the harrowing experience suffered by Mr. Tom Van Hoose, a gun shop owner in Great Falls, Montana.

This week's Chairman's Report is guest written by Les Rubin. Les heads Main Street Economics Inc, a non-partisan, non-profit corporation dedicated to educating voters on a variety of economic and fiscal issues. In his article, he explains the relationship between the FAIRtax, the Federal debt and inflation.

In honor of the recent July 4 holiday, Americans For Fair Taxation presents a story about what Thomas Jefferson might think if he were to visit modern day America.

If anyone doubts the manner in which the 87,000 new IRS agents will be used, what happened to a Marion, Ohio woman is a scary wake-up call. This week's Chairman's Report documents an unbelievable story of lies, deceptions and threats aimed at an innocent taxpayer. It's one of the strongest reasons yet why we need to abolish the IRS by passing the FAIRtax.

Backdating is when you date a legal document to make it appear that you signed it earlier than you actually did. Backdating with the intent to deceive a court is a felony. But, if you're the IRS, you can apparently backdate documents and suffer no consequences. This week's Chairman's Report looks at just such a case. It's yet another reason why we need to replace the income tax with the FAIRtax an...

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...