FAIRtax Power Radio

In the vast majority of cases, people arguing against the FAIRtax aren’t arguing against the FAIRtax as it’s written. They’re arguing against their perceptions of the FAIRtax, which in many cases, are rooted in a lack of understanding about the FAIRtax. In extreme cases, the perceptions and allegations raised against the FAIRtax are so farfetched that they rise to the level of intellectual dishone...

You’ll have to look long and hard to find someone who thinks that the American income tax system is fair. Most are convinced that they are paying too much while others are not paying enough. One thing is certain. The 70,000 plus pages of the tax code are chock full of loopholes, exemptions and favors that some people get and others don’t. Just prior to the NC Republican convention, AFFT President...

Small business is the heart of the American economy. According to the Small Business Administration, small businesses account for 99.9% of the total number of businesses in the country and employ 47.1 % of the total US workforce. Unfortunately, small businesses are also a favorite target of the IRS. Our incredibly complex and ever changing tax code makes it very difficult if not impossible for sma...

The FAIRtax is in the best position it’s ever been. Speaker Kevin McCarthy has promised that the FAIRtax will get a vote in the House this session. That will let every voter in America see whether his/her Representative in Congress favors getting rid of the income tax and the IRS or keeping it. This week the FAIRtax Guys welcome AFFT President Steve Hayes back to the program to talk about his expe...

We’ve seen this movie several times before. A candidate runs an attack ad portraying a FAIRtax supporter as someone who wants to raise your taxes by a gargantuan amount. Unfortunately for the candidates running such and ad, when their blatant dishonesty is exposed, there are usually rather severe unintended consequences. This week, the FAIRtax Guys talk with AFFT president Steve Hayes about the co...

The FAIRtax has always been a non-partisan idea. You don’t have to subscribe to a particular political ideology or belong to a particular party to appreciate getting a bigger paycheck, never having to file another tax return and getting a tax refund every month. Still, for some reason, the Democratic Party remains solidly opposed to the FAIRtax. That’s unfortunate, because the FAIRtax addresses ma...

Not long ago, FAIRtax Power Radio did a series of programs on how FAIRtax opponents would distort and misrepresent the FAIRtax to make it look as bad as possible. One tactic to look out for is portraying the FAIRtax as a massive new tax without mentioning that the FAIRtax actually replaces a pretty massive tax—the Federal income tax. Unfortunately, we’ve seen this very tactic being used already, s...

Small business is the heart of America. Businesses employing less than 20 people account for 90% of all US employers and employ over 20 million people. Clearly, what’s good for small business is good for America. In this edition of FAIRtax Power Radio, the FAIRtax Guys look at a white paper written by economist Karen Walby in which she documents the problems that the current income tax system impo...

In a concession to the Freedom Caucus, House Speaker Kevin McCarthy has agreed to bring the FAIRtax to a vote in this Congress. Still, in order for that to happen, HR 25 must be voted out of the House Ways and Means Committee before there can be debate and a vote on the floor of the House. FAIRtax supporters can help ensure that Congress doesn’t go back on its promise by contacting Committee membe...

A non-partisan data research group at Syracuse University had documented a phenomenon that we all knew was happening. Lower income taxpayers are audited by the IRS at a much higher rate than other taxpayers. Why? Because this group doesn’t have the resources to fight back when the IRS comes to them with its hand out. It’s an injustice that isn’t going to go away until the IRS itself goes away. And...

The IRS is slated to get billions of dollars in new funding, but what will our money buy us? Better customer service? Maybe. Their customer service is pretty bad now so perhaps the only way it can go is up. The justification for the massive increase in funding is to close the tax gap and try to collect some of the trillion dollars a year that is owed but not collected. In this episode of FAIRtax P...

This week, the FAIRtax Guys continue their look at some of the basic fundamentals of the FAIRtax. Again using the FAQ at fairtax.org as a resource, the Guys look at double taxation for seniors, tax free bonds, the burden the FAIRtax will impose on the retail industry, the adequacy of the 23% FAIRtax rate and the question of having exemptions to the FAIRtax.

With many people just now becoming aware of the FAIRtax for the first time, the FAIRtax Guys begin a two-part series on some of the basics of the FAIRtax. Using the FAQ at fairtax.org as a resource, the Guys first look at just what the FAIRtax is—a replacement for the Federal income tax. Then they get into the differences between the flat tax and the FAIRtax, the prebate, and how the FAIRtax affec...

American manufacturers build some of the best products in the world. Unfortunately, these companies are at a decided disadvantage in the world market thanks to our arcane and ridiculous income tax system. In part 2 of their series on the FAIRtax and the economy, the FAIRtax Guys examine a white paper written in 2007 detailing how the FAIRtax will pump new life into the American economy by making A...

For decades, economists have been saying that taxing income and production is much more harmful to an economy than taxing consumption. Still, the politicians insist on keeping the income tax system even though there’s a much fairer, much more efficient, and much less harmful way to collect the revenue that the government needs to operate. This week, the FAIRtax Guys start a two part series on how...

A few weeks ago, FAIRtax Power Radio documented how the FAIRtax would benefit lower income workers. In the meantime, Yahoo Finance published an article that shows the other side of the coin—how the current income tax system victimizes lower income taxpayers. Since the most persistent lie told about the FAIRtax is that it especially hurts those on the lower end of the income spectrum, the FAIRtax G...

FAIRtax Power Radio’s series on how the FAIRtax is good for different demographic and socio-economic groups continues with a look at how the FAIRtax will benefit young singles. Recently, FAIRtax Guy Bob Paxton spoke with a young single woman named Donna. She related several ways in which she says the FAIRtax will benefit her. This episode is largely a review of that conversation. Of course, the th...

When Kevin McCarthy promised that the FAIRtax would get an up or down vote in the 118th Congress, it sparked a surge of interest in the media on what the FAIRtax is and how it would work. Unfortunately, a lot of what was said was either misleading at best, or downright dishonest at worst. While the initial surge had died down a bit, there are still media outlets writing about the FAIRtax. This wee...

If there’s one lie about the FAIRtax that never seems to go away and keeps getting repeated over and over again, it’s that the FAIRtax is regressive and will harm lower income workers. That’s an easy perception to have when you hear only that the FAIRtax is a massive new sales tax that will apply to everything you buy. However, it’s just not the truth. Once again, the FAIRtax Guys dig into the num...

This episode of FAIRtax Power Radio begins a new series highlighting how the FAIRtax will benefit various demographic and socio-economic groups. The first group we look at is American citizens living in other countries. For this discussion, the FAIRtax Guys bring in John Richardson, an attorney living in Canada who helps American expatriates deal with the unique problems that the American tax syst...

When the FAIRtax Guys decided to do a series on what the media will either suppress or distort about the FAIRtax, they thought it would take two or maybe three episodes to cover it. Well, it turns out that there is so much dishonesty in the media, it ended up taking five episodes to cover it all. In this last episode of the series, the Guys explore a huge benefit of the FAIRtax that no one in the...

There’s been a lot in the media, and especially social media, about the FAIRtax in recent weeks. You’ve undoubtedly heard that it’s a massive new tax on just about everything you buy, but there’s been one aspect of the FAIRtax that has been largely ignored—how it will all but eliminate illegal tax evasion. The FAIRtax Guys continue their “Rest of the Story” series with a look at this important asp...

There’s a lot about the FAIRtax in the media that’s just not true. Some may be due to unfamiliarity with the FAIRtax and how it works, but most of it seems to be deliberate misrepresentation in an effort to turn people against it. This week, the FAIRtax Guys tackle two particularly prevalent deceptions—the FAIRtax rate itself, and how much of your income you’ll actually pay in FAIRtax. People who...

The FAIRtax has become a hot topic in the media, be it broadcast media, print media or social media. While it’s generally a good thing that the FAIRtax is getting this attention, there’s a lot being said about the FAIRtax that isn’t the truth, the whole truth and nothing but the truth. The FAIRtax Guys’ series “The Rest of the Story” seeks to fill people in on various aspects of the FAIRtax that a...

Speaker McCarthy’s promise to bring the FAIRtax to the House floor for debate and a vote has created quite a buzz around the FAIRtax. Someone once said that there’s no such thing as bad publicity. Even if people are saying bad things about the FAIRtax, every negative comment focuses much needed attention on the FAIRtax and gives us FAIRtax volunteers an opportunity to set the record straight. To t...