Articles

Volunteers are the heart of the FAIRtax. Read on to learn more about keeping them engaged. Read More.

Congressional candidates across the country are signing the FAIRtax Pledge. Why? Because we work hard to educate them about all the benefits FAIRtax can bring to America. Read More.

House Ways and Means Committee Chairman Kevin Brady (R-Texas) on Tuesday said that he sees a second round of tax cuts taking the form of more than one bill. Read More.

Santa Fe–The much anticipated final report on New Mexico’s Tax System is in. State Senator Bill Sharer (R-Farmington) said it now gives legislators a credible model or so-called computerized “tool” to evaluate potential tax reduction scenarios. Sharer said the study researched tax numbers for the computer program that will be more broadly accepted as being credible and not created by someone with an agenda in order to keep their favored tax credit, deduction or exemption. Read More.

While the Tax Cuts and Jobs Act, enacted at the end of 2017, promises on the whole good news for taxpayers for 2018, tax planning to take maximum advantage of those provisions has been difficult due to continuing uncertainties as to how to interpret various provisions of the tax reform legislation. Read More.

“If you are doing anything for the FAIRtax out in the field, we want all our FAIRtax Friday readers to know about it! Read More.

“If you are doing anything for the FAIRtax out in the field, we want all our FAIRtax Friday readers to know about it!” Read More.

​Berkshire Hathaway chairman Warren Buffett and J.P. Morgan Chase chief executive Jamie Dimon told CNBC the U.S. economy is in rare form and could continue to prove strong for years to come. Read More.

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.