Articles

Thanks to the tax cuts passed by the Republican House and Senate and signed by President Donald Trump, at least 101 utilities across the country are lowering rates for customers, according to a report from Americans for Tax Reform. This means lower electric bills, lower gas bills, and lower water bills for Americans. Read More.

While US personal incomes grew, as expected, at 0.3% MoM, Americans resumed spending fare more than they make (increasing 0.6% MoM in April). For the 28th month in a row, YoY growth in spending has outpaced incomes, sending the savings rate back down to just 2.8, the lowest since the debt-funded holiday spending spree of December 2017, and just shy of record lows. Read More.

​The Federal Reserve’s plan for accelerating the pace of monetary policy-tightening might be running into some trouble… Read More.

Washington (AFP) - The United States said Thursday it will impose harsh tariffs on steel and aluminum imports from the European Union, Canada, Mexico at midnight (0400 GMT Friday) – another move sure to anger Washington’s trading partners. Read More.

Dear President Trump, Since you took office, America’s economy has achieved record-breaking gains, we have regained our stature abroad as the leader of the free world, and American families are feeling confident about their own future and the future of our great nation for the first time in many years. Read More.

Americans are beginning to enjoy the benefits from the first federal tax reform since Ronald Reagan, more than 31 long years ago. The American economy is responding in an overwhelmingly positive way. Read More.

Less than five months ago, Republican leaders put the finishing touches on the Tax Cuts and Jobs Act, the most comprehensive overhaul of the tax law in 31 years. The legislation bestowed nearly $1.5 trillion in tax cuts upon corporations, small business owners, and workers over the next decade, and represents what is, to date, the signature victory of President Trump’s administration. Read More.

​By now, it’s crystal clear that the Trump-GOP tax law (the Tax Cuts and Jobs Act, or TCJA) benefits corporations and the rich more than anyone else. But Republican leaders are pushing the idea that extending the law’s temporary provisions, which expire after 2025, would amount to a “middle-class tax cut.” Read More.

​The tax cut giveth, and higher gas prices taketh away. Rising pump prices are blunting the positive impact of sweeping tax cuts on Americans’ spending, potentially undercutting a pillar of economic growth this year. Read More.

​Gasoline prices in Fresno already increased beyond $4 per gallon this week at some places in town. Read More.

Mashpee, MA - Allen R. Waters, in stark contrast to all other candidates seeking to challenge Senator Elizabeth Warren in the next midterm election, this Tuesday signed the Fair Tax Pledge illustrating his solid commitment to improve the lives of all struggling families and businesses in Massachusetts. Read More.

I am always interested in promoting the FairTax anywhere, anytime. But there were a number of considerations needed to arrive at the most effective strategy. Read More.

​”We have a high chance of reaching a win-win-win deal for Canada, the United States and Mexico,” Trudeau told reporters. Read More.

The U.S. trade deficit increased to a near 9½-year high in February as both exports and imports rose to record highs, but the shortfall with China narrowed sharply. Read More.

Our New Jersey FAIRtax Team members, Dave Corsi, John O’Rourke, and Pennsylvania FAIRtax-er Anthony LoCasio, attended a forum in Summit, N.J. on April 4, 2018 billed as “Rethinking Taxes” that did not deliver as advertised. At least 50 people and the press were there. Read More.