The Chairman’s Report December 5th, 2025

  • by:
  • Source: FAIRtax
  • 12/01/2025

WHAT HAPPENS WHEN THE FAIRTAX MAKES THE U.S. THE WORLD’S BEST TAX HAVEN?

U.S. taxpayers know that the FAIRtax eliminates the income/payroll tax and replaces it with a national retail sales tax.  However, many don’t fully comprehend the enormous positive impact the FAIRtax will have on the economy—especially in terms of attracting foreign investment to the United States.

The Tax Justice Network estimates: $21 trillion to $32 trillion in financial assets are sitting offshore in tax havens. Due to the secrecy that pervades the tax haven system, precise numbers are hard to come by so estimates can vary. The Tax Justice Network estimates that $427 billion in tax revenue is lost every year because money is sitting offshore in these tax havens.

The Tax Justice Network explains how this is commonly done: One of the most common ways people hide their wealth in tax havens is by setting up a legal vehicle (like a corporation or trust) to hold their wealth or assets without disclosing information about their identity or about the wealth or assets held by the legal vehicle. These secretive structures serve as a curtain or firewall between the owner and their wealth, obscuring the owner’s identity and helping them hide the true value of their wealth and, ultimately, pay less tax than they should.

This “secret” money is being invested all around the world.  Investment managers are always looking for ways to maximize net return.  Minimizing tax liability is a significant part of maximizing net return.  Consequently, a lot of this “secret” money is invested in countries with the lowest tax rates.

So, consider this scenario.  The FAIRtax is the law of the land in the United States making the income tax rate zero.  Meanwhile, the tax rate in Germany is 30%.  That means that an investor could realize a 30% higher return if he makes his investment in the United States rather than in Germany.  Under those conditions, where do you think a prudent investor is going to invest his money?  It’s a no-brainer.

What will this influx of foreign capital invested in the U.S. mean for companies like Joe’s Manufacturing in the picture above?  It will mean that there will be more money available for small businesses to hire more people and purchase more equipment and become more productive. 

CONCLUSION

Mr. President and Members of Congress, small businesses are very important to the U.S. and you have said you want to help them.
 

The Kaplan Group compiled the following information:

 
  •        36.2 million small businesses operate in the United States as of 2025 (SBA Office of Advocacy, 2025 Small Business Profile).
  •        Small businesses represent 99.9% of all U.S. businesses (SBA Office of Advocacy, 2025).  There were 29.8 million nonemployer businesses (sole proprietorships) without paid employees operated in 2022 (U.S. Census Bureau, Nonemployer Statistics, 2025).
  •        5.52 million employer firms with 1-499 employees operated in 2022 (U.S. Census Bureau, Statistics of U.S. Businesses, 2025).
  •        Small businesses employ 62.3 million Americans, representing 45.9% of all U.S. employees.
  •        Small businesses contributed 1.2 million net job increases, representing 88.9% of total net job creation between March 2023-March 2024.
  •        Small business employment grew 13.1% between 1998-2022, reaching 62.3 million employees.

Small businesses are punished by our irrational and unfair income/payroll tax system.  They don’t have armies of tax attorneys and accountants to help them deal with our incomprehensible income/payroll tax system.

The FAIRtax, a national retail sales tax on new retail goods and retail services, provides a family credit so that all purchases up to the poverty level for each family are not taxed. There is no withholding from your paycheck and YOU NEVER HAVE TO FILE A TAX RETURN TELLING THE GOVERNMENT HOW MUCH YOU EARNED AND HOW MUCH YOU SPENT, AND YOU’LL NEVER BE HARASSED BY THE IRS EVER AGAIN.

Many of you have labored tirelessly for freedom from the federal income tax and the IRS.  You deserve a great deal of credit for your efforts to educate the American people on the need to fund the American government in a way that is good for America and returns freedom to the American people.

It is imperative, though, that we don’t replace the current income tax and the IRS with an alternative system that can still be manipulated by the Ruling Elite.  We must let Congress and the President know that the best way to replace the income tax and the IRS is with the FAIRtax. 

Make no mistake about it.  The FAIRtax is a grave threat to the Ruling Elites.  It will strip them of their power and their ability to control us though the tax system.  Their opposition to the FAIRtax will be fierce and unrelenting.  And don’t think for an instant that they won’t use half-truths, deception and downright lies in their desperate attempt to hang on to their power. 

However, with the support of this President, we can finally eliminate the income tax and the IRS!!!

Of course, the best course of action is to not only repeal the income tax and abolish the IRS but to repeal the 16th Amendment as well so no future administration can ever shackle the American people with an income tax again.

We must come together and ensure that real tax reform, the FAIRtax, is not subverted by the Elites in D.C.

This will take the diligent efforts of all of us.  We need your financial assistance, and we need your grass roots assistance.

If you have contacts that will allow us to get more information to President Trump about the FAIRtax please let us know.

Please email us at info@fairtax.org and we will give you some options on how you can best help us. 

At a minimum, please call your Congressional representative and ask if he or she supports the FAIRtax.  If so, thank him/her for their support and suggest they become a cosponsor of HR-25 if they’re not one already.  If not, ask why not.  If your representative claims to be unfamiliar with the FAIRtax, offer to have someone come to their office and explain it to them. 

Please go to this link to invest in AFFT and help us pass the FAIRtax.  It’s an investment in your and your family’s future. 

THE SOLUTION—PASS THE FAIRTAX!

Why would D.C. pass the FAIRtax and give up this almost unlimited source of donations?  The only way that they will is if the rest of us demand it!
  
Isn’t it time to end this ludicrous tax collection system and the IRS?

HELP BRING ABOUT REAL TAX REFORM AND STOP FUTURE IRS ABUSES

By contributing (investing) $10.40 per month, you help provide a financial base to AFFT.  If you can make larger contributions (investments), these will be used not for salaries, as we are all volunteers, but for the needed updates to our economic studies which will be vital for all future years.
 
Please go to this link to invest in AFFT and help us pass the FAIRtax.  It’s an investment in your and your family’s future. 
FAIRtax - Chairman's Report by is licensed under

Help FAIRtax Become The Number One Issue in 2025

Enacting the FAIRtax must be a prominent topic in these times. We did it before, we can do it again, but we need your help!

Help out with a One-Time Contribution

Your gift of $25, $50, $100 – even $1,000 or more if you can possibly spare it – will help FAIRtax.org bring an end to the IRS and promote a FAIRtax. So, I urge you, please give as generously as you can.

Billing information (REQUIRED)

Payment information (REQUIRED)

To donate by check:
Americans for Fair Taxation
PO Box 4929
Clearwater, FL 33758

If you need to make changes for any reason to your existing Monthly Donation or if you have a question about any charge, Please email info@FAIRtax.org or call ‭(800) 324-7829‬
Provide ONLY your name and phone number, do not provide any card info.

Please Note that inputting your new information at our website won't update your account.

Thank you for your support!


Americans for Fair Taxation® is a 501(c)(4) non-profit, non-partisan grassroots organization solely dedicated to replacing the current income tax system with a fair, simple and transparent national consumption tax – the FAIRtax® Plan. We rely entirely on contributions from concerned citizens like you who want a tax system that will generate jobs and stimulate the economy. Welcome to the FAIRtax team!

Connect

Share