Articles

On June 20, 2024, the U.S. Supreme Court handed down its decision in the case of Moore v. United States.  By a 7-2 margin, the Court ruled that the transition tax defined in section 965 of the 2017 Tax Cuts and Jobs Act was constitutional.  That tax was imposed on the unrealized earnings of American citizens holding shares in a foreign corporation. Read More.

Sen. Jacky Rosen (D-NV) signed on as a co-sponsor to a Republican bill to remove taxes on tips, flip-flopping on her previous position. Read More.

The IRS has collected $1 billion in back taxes from high-wealth tax cheats — a milestone meant to showcase how the agency is making use of the money it received as part of the Biden administration’s signature climate, health care and tax package signed into law in 2022. Read More.

Since July has arrived, drivers in several states face gas tax hikes. Read More.

Billionaires benefit greatly from their ventures, but so do other Americans. Read More.

In 1776, The Declaration of Independence was signed by 56 delegates to the Second Continental Congress, representing the 13 colonies. Twenty-four were lawyers and jurists. Eleven were merchants, nine were farmers and large plantation owners, men of means, well educated. Read More.

The Grassroots Corner - Week Beginning 7/8/24: “Who pays Corporate Taxes?” Read More.

The Grassroots Corner - Week Beginning 7/1/24: “Tax Day letter to the Desert Sun” Read More.

Could the unthinkable ever happen to our great country? Victor Davis Hanson addresses this very subject in his latest book, The End of Everything. In a recent article in the June 2024 edition of Amac Magazine entitled, “Can Societal Annihilation Happen Again?” Victor discusses many aspects of what has historically led certain civilizations to experience a complete elimination of their culture, way of life, language, physical space, people, and long customs and traditions. Read More.

Arkansas Gov. Sanders signed legislation cutting the state's top individual tax rate and the top corporate rate, the latest in a series of AR income tax cuts in recent years. Read More.

Plus, we get smarter on "AI slop" and do the numbers on pregnancy workplace protections. Subscribe to get "Make Me Smart" every Friday! Read More.

The Grassroots Corner - Week Beginning 6/24/24: “A new FAIRtax book; it's about time!” Read More.

John Linder, a retired Member of Congress is the original sponsor of the FAIRtax and is on the AFFT Advisory Board members. John has written a letter to President Trump about how to fundamentally change D.C.--he should replace the income/payroll tax system with FAIRtax. Read More.

Higher property taxes as a result of skyrocketing home values has led to protests from property owners, a deluge of "heartbreaking" pleas to elected officials, and a proposed constitutional amendment to cap tax increases. Read More.

Kansas lawmakers are being brought back to the Statehouse by Gov. Laura Kelly to pass a tax cut. The Chiefs are negotiating a possible move as well. Read More.