FAIRtax Power Radio

Prior to 2017, income had to realized before it was taxable.  However, the Tax Cuts and Jobs Act contained a repatriation provision that made certain unrealized income taxable.  The constitutionality of that tax was challenged in court and just recently, the Supreme Court handed down its decision. This week on FAIRtax Power Radio, tax attorney and AFFT president Steve Hayes joins the FAIRtax Guys...

The FAIRtax Guys continue their journey through Boortz and Linder’s original FAIRtax book, published in 2005. This week, they tackle a subject that escapes most people’s attention—the embedded costs of the income tax system that are passed on to consumers in the prices of everything we buy.  We never see them.  They’re not listed on any receipt, but they are there nonetheless.  In fact, a surprisi...

The FAIRtax book by Neal Boortz and John Linder is the definitive work highlighting the problems with the income tax system and presenting the FAIRtax as the elegantly simple solution to those problems. This week, the FAIRtax Guys use Boortz and Linder’s analysis to explode the myth of corporate taxation.  The myth in question is that shifting some of the tax burden onto rich corporations somehow...

Neal Boortz and John Linder introduced the country to the FAIRtax in 2005 with the publication of their first FAIRtax book.  The FAIRtax Guys are doing an extended series of FAIRtax Power Radio programs going back and using Boortz and Linder’s words to explain what’s wrong with the current income tax system and why the FAIRtax is a much better alternative. In this episode, the Guys look at one of...

In 2005, Neal Boortz and John Linder wrote a fairly short book describing a revolutionary new way to fund the federal government.  This new plan would let everyone bring home their entire paychecks, do away with filing tax returns and hang an “Out of Business” sign on the front door of the Internal Revenue Service. This week, the FAIRtax Guys begin a multi-part series in which they will be going t...

The federal government is supposed to be of the people, by the people and for the people.   Unfortunately, with the cost of getting re-elected running in the multiplied millions of dollars, today’s government is more like of the people, by the lobbyists and for the lobbyists. This week, the FAIRtax Guys dig into opensecrets.org to get an idea of just how massive the lobbying industry is in Washing...

Most people would readily agree that having more money in their pocket would be a good thing that would make a real difference in their everyday lives. This week, the FAIRtax Guys look at some of the ways that people’s lives would be better if they were living under the FAIRtax instead of the federal income tax system.

John Linder is the retired Georgia Congressman who was the original sponsor of the FAIRtax bill when it was first introduced into Congress in 1999.  He recently wrote a letter to Donald Trump detailing the many benefits of the FAIRtax and urging Mr. Trump to support it. This week, Dr. Linder joins the FAIRtax Guys to discuss the letter and the response to it.

Any economist will tell you that investing is the lifeblood of a healthy economy.  Businesses raise capital by selling stock.  Investors risk their money to buy that stock expecting that the company will be profitable, that the value of the stock will rise and it can be sold at a profit.  Anything that makes investing less profitable makes it harder for businesses to raise the money they need and...

Navigating the federal income tax system is a nightmare.  When it comes to doing their taxes, a great majority of Americans have to hire professional help—either in person or by using professionally prepared tax preparation software. This week, the FAIRtax Guys take a look at ten of the worst nightmares that American taxpayers face when dealing with the Internal Revenue Service.  It should be note...

Charles Littlejohn is a criminal.  He committed a federal felony when he stole and leaked the confidential tax returns of several wealthy Americans including Donald Trump.  Not surprisingly, there are a number of Washington elites who hail Littlejohn as a hero and think that he should be pardoned. This week, the FAIRtax Guys welcome AFFT president Steve Hayes back to the program to discuss this ca...

When you look at all that ways that governments have devised to fund themselves, the Federal income tax system is the most ill-designed, most fraud prone, most error prone, most inefficient, most unfair, most invasive and most easily evaded system of them all. This week, the FAIRtax Guys take a look at 940,000 more reasons why the income tax should be abolished and replaced with the FAIRtax.

The FAIRtax does a lot of good things for individuals.  It lets them bring home their whole paycheck, eliminates filing tax returns and provides them with a tax refund every month. The FAIRtax does a lot of good things for business as well.  Join the FAIRtax Guys as they go thru a list of reasons why business owners—especially small business owners—should be FAIRtax fans.

Millions of people are FAIRtax fans and don’t know it.  After all, who wouldn’t want a bigger paycheck, a tax refund every month and freedom from ever having to fill out a tax return ever again. After taking a week off to talk to John Gaver about his new book, the FAIRtax Guys resume going over their list of all the things that people will like about the FAIRtax.

There’s a dirty little secret among the DC elites.  They have written the tax code to benefit themselves, not the American taxpayer.  They continue to insist that the income tax is fair and equitable while they continue to fill it chock full of loopholes, exemptions, deductions and credits that are bought and paid for by an army of DC lobbyists looking to buy favorable tax treatment for their clie...

Oftentimes, people don’t know if they like something or not until they try it.  With that in mind, it’s safe to say that there are undoubtedly millions of people who like the FAIRtax, but aren’t actively supporting it because they just don’t know anything about it. This week, the FAIRtax Guys begin a series pointing out all the things there are to like about the FAIRtax.  If you agree that these a...

It was quite telling that ChatGPT’s analysis of the FAIRtax contained none of the outrageous lies told about the FAIRtax by those who have a vested interest in keeping the income tax system in place. To that end, the FAIRtax Guys take a look at some of the most outlandish lies and fabrications raised against the FAIRtax by our opponents and explain just how wrong they really are.

Artificial intelligence (AI) technology is advancing at a breathtaking rate. But while computers are getting better at simulating human intelligence, machines still don’t have human emotions and prejudices. They still just analyze data. To that end, AFFT board member Randy Fischer asked ChatGPT what it thought of the FAIRtax. The result was eye opening. Join the FAIRtax Guys as they look at the co...

The income tax system costs you a lot more than just the money you have to fork over in taxes. The compliance costs are huge. That’s the time, effort and additional money you have to spend just to comply with the tax code. This week, the FAIRtax Guys take an eye-opening look at just how much time, effort and money Americans spend filling out their tax returns. Here’s a hint. No other country in th...

One of the reasons that the Washington elites love the income tax so much is that it does a fantastic job of hiding from us just how much tax we really pay. Think you can determine your federal tax burden by looking at your paycheck stub or your income tax return? Think again. You’re not even close. AFFT president Steve Hayes joins the FAIRtax Guys for a look at how much federal tax you’re really...

You don’t have to be a FAIRtax volunteer for long to hear someone tell you that the FAIRtax is a great idea, but it will never pass. Well, there was a time when the idea of women voting seemed preposterous and those advocating for women’s suffrage were facing seemingly insurmountable odds. But they never gave up. It took decades to accomplish, but the impossible became reality because a group of d...

This is a rerun of the program that originally aired on Dec. 19. December 6, 2023 was a significant day for the FAIRtax. That’s the day that AFFT president Steve Hayes testified before the House Ways and Means subcommittee on taxation. While Congress is still a long way from enacting real tax reform, it’s encouraging to see that the FAIRtax is still in the conversation when it comes to deciding ex...

The income tax is irretrievably broken. It’s going to have to be replaced with something that’s fairer, easier to administer and comply with, and can’t be evaded. Some are promoting a flat tax as the fix for what’s wrong with the income tax. Unfortunately, a flat tax is still a tax on income and comes with many of the problems that plague the current income tax. This week, the FAIRtax Guys continu...

The Federal income tax is insanely complicated, flagrantly unfair, exorbitantly expensive to administer and enforce, and ridiculously easy to evade. It needs to be replaced. The two most talked about alternatives to the income tax are a flat tax and a national retail sales tax like the FAIRtax. This week, the FAIRtax Guys begin a two part series in which they compare all three options across a var...

AFFT president Steve Hayes’ testimony before the House Ways and Means subcommittee on taxation was largely political theater. Both sides used the occasion to advance their own talking points—Republicans touting the success of the Tax Cuts and Jobs Act, and Democrats attacking the FAIRtax at every turn. Still, two Democratic Congressmen, John Larson of Connecticut and Danny Davis seemed willing to...