Articles
Social Security's estimated 2026 cost-of-living adjustment rises amid inflation uptick
The projection for Social Security's 2026 cost-of-living adjustment rose to 2.7% as inflation trends higher, as the program faces insolvency challenges in less than a decade. Read More.
Blue states plan new tax hikes on wealthy residents in response to Trump's federal tax legislation
Several states have raised taxes on wealthy residents to narrow state budget deficits and offset expected declines in federal funding for programs like Medicaid. Read More.
The Grassroots Corner August 18th, 2025
STATES THAT GROW AND SHRINK DUE TO TAXES
Jasmine Laws, writing in the January 8, 2025, issue of Newsweek, surveyed states experiencing the greatest population growth and decline.
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US budget deficit has widened by $109B from a year ago despite influx of tariff revenue
The federal budget deficit increased by $109 billion in first 10 months of fiscal year 2025 despite a $70 billion boost from the Trump administration's tariffs on imported goods. Read More.
Breitbart Business Digest: Trump’s New Chip Tariff Push Finds Support in Surprising Place
President Donald Trump this week said he is planning to impose a 100 percent tariff on imported computer chips unless manufacturers are also investing in U.S. production. Read More.
The Chairman’s Report August 15th, 2025
FAIRtax and the Retail Small Business or Sole Proprietor
This week’s Chairman’s Report is written by Jade Walle. A practicing CPA has been on the American For Fair Taxation board of directors.
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Inflation report drops Tuesday as economists warn prices are going up
The July CPI inflation report will be released on Tuesday with economists expecting prices ticked higher as more tariffs took effect, complicating the Fed's rate cut outlook. Read More.
Trump signs order to open 401(k)s to private markets: What it means for your retirement
President Donald Trump signed an executive order allowing private equity, venture capital and hedge funds in retirement accounts, reversing a Biden administration policy. Read More.
The Grassroots Corner August 11th, 2025
DO THE RICH GET THE MOST IRS AUDITS?
Do you remember how the Inflation Reduction Act of 2022, which passed during the Biden Administration, promised to hire 80,000 new IRS agents to go after the rich and make them pay their fair share of taxes?
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US job growth cooled in July amid growing economic uncertainty
The Labor Department released its jobs report for July which showed the U.S. economy added 73,000 jobs last month, amid uncertainty around trade and monetary policy. Read More.
In a dissent not seen in three decades, two Fed governors wanted to cut interest rates and here is why
Federal Reserve Governors Bowman and Waller dissented from this week's decision to hold interest rates steady and explained why they would've cut rates by 25-basis-points. Read More.
The Chairman’s Report August 8th, 2025
The FAIRtax or Income Tax- Which is better for U.S. business?
This week’s Chairman’s Report is written by Jade Walle. A practicing CPA has been on the American For Fair Taxation board of directors. Read More.
National Debt Tracker: American taxpayers (you) are now on the hook for $36,916,987,311,998.03 as of 8/1/25
The U.S. national debt is climbing at a rapid pace, on track to double over the next three decades amid a rush of spending by the White House and Congress. Read More.
Fed's favored inflation gauge shows consumer prices rose again in June
The Federal Reserve's preferred inflation gauge showed that prices increased slightly in June, as policymakers continue to monitor data for signs of tariff-induced inflation. Read More.
The Grassroots Corner August 4th, 2025
HOSTILE ARGUMENT: IT IS UNFAIR THAT THE FAIRTAX TAXES FOOD, CLOTHING, HOUSING, AND MEDICINE
Today, we continue a series of articles about handling attacks on the FAIRtax. Read More.
