Articles

Why Don’t Business Leaders Demand The FAIRtax? A question often asked at public meetings while discussing The FAIRtax is, “Why doesn’t business support The FAIRtax?” Of course, many business owners support The FAIRtax and they are advocates. Logically, there are many reasons why businesses should support The FAIRtax. Read More.

Broad alcohol trade group coalition presses to make federal excise tax reform permanent. Read More.

The Treasury Department on Tuesday issued final regulations that will officially prohibit high-tax states from utilizing workarounds to evade the new cap on state and local tax (SALT) deductions. Read More.

Former Vice President Joe Biden made it clear: “First thing I’d do is repeal those Trump tax cuts.” Sen. Kamala Harris (D-Calif.) seconded the motion, saying she would repeal the tax cuts on “day one.” Mayor Bill de Blasio has attempted to raise taxes on high earners in New York City. Read More.

Starbucks employees are benefiting from the Tax Cuts and Jobs Act enacted by congressional Republicans and President Donald Trump. According to the company, the tax cuts “accelerated” wage increases, employee stock grants, and Partner and Family Sick Time benefits. Read More.

On June 4, 2019 the FAIRtax gained its 31st co-sponsor in the House of Representatives (in addition to sponsor Rob Woodall, GA-07 – bringing the total to 32). Our newest co-sponsor is Representative Michael Waltz of the Sixth Congressional District of Florida. Waltz’s district lies on the East Coast of Florida, North of the Kennedy Space Center and South of Jacksonville, and it includes Daytona Beach. Read More.

We honor the soldiers who saved Europe by storming the beaches of Normandy 75 years ago on D-Day—June 6, 1944. Read More.

Michael Waltz making good on his FAIRtax Pledge, just Co-Sponsored HR. 25. Now we look forward to him becoming an outspoken proponent of The FAIRtax. Read More.

At the invitation of Jade Walle, a CPA from Colorado, Alumnus of Oklahoma State University and the Presenter of the quarterly FAIRtax Webinar, The FAIRtax Guys joined him in a Practicum offered to graduate level CPA students at OSU. On May 24, 2019, The FAIRtax Guys, Bob Paxton and Ron Maiellaro, conducted a two hour question and answer session with 24 students. Read More.

IRS poll: More Americans believe it’s ‘OK’ to cheat on your taxes. Forbes Media Chairman Steve Forbes, River Twice Capital President Zachary Karabell, FOX Business’ Liz Claman and Kingsview Asset Management CIO Scott Martin on a new poll, which shows that more American believe it’s okay to cheat on your taxes. Read More.

The IRS’s in-house watchdog on Thursday recommended that the agency provide more penalty relief for people who did not have enough money withheld from their paychecks throughout the year, as people file their taxes for the first time under President Trump’s tax law. Read More.

Taxes, unpopular though they may be, fund government services Americans count on every day. Individual income taxes may be especially hated — but they are also important, accounting for 48% of federal tax revenue. Read More.

Taxes, unpopular though they may be, fund government services Americans count on every day. Individual income taxes may be especially hated — but they are also important, accounting for 48% of federal tax revenue. Read More.

Charles Rettig, the Trump administration’s pick to lead the IRS, told lawmakers at his June 28 confirmation hearing that the tax agency’s legacy tech is one of its most critical challenges. Read More.

In an article titled Ending Special Tax Treatment for the Very Wealthy by Alexandra Thornton and Galen Hendricks posted on Center For American Progress, the authors make the argument the very wealthy are not paying their “fair share” of taxes. Read More.