Chairman Reports

Social Security needs money to fix its shortfall. The question is, who will pay? This is the title of a CNBC article. Read More.

The FAIRtax Makes Buying a Home Much Easier The income/payroll tax directly reduces the ability of Americans to purchase a home. Read More.

More Lipstick on a Pig—The Van Hollen/Booker Tax Cut Plans The following data is from an analysis prepared by the Tax Foundation. Read More.

HOW A TARIFF FIGHT CREATED THE FEDERAL INCOME TAX This is the title of an article that appeared in the Winter 2026 issue of the Coolidge Review written by Phillip W. Magness. Read More.

Missouri House Backs Plan to Replace Income Tax with Expanded Sales Tax The following data is from an article in the Missouri Independent. Read More.

LIFE WITHOUT THE FEDERAL INCOME TAX President Trump has repeatedly advocated for the elimination of the federal income tax. Read More.

THE UNITED STATES LOST AN ESTIMATED $2.2 TRILLION IN REVENUES THROUGH TAX EXPENDITURES, COMMONLY KNOWN AS TAX BREAKS. This is an article from the Peter G. Peterson Foundation that points out an aspect of the income/payroll tax system that has helped allow it to continue to exist. Read More.

Social Media Influencers and What is a Business Deduction Social media influencers are making more money, but they are learning that most of it is taxable because many of the expenses they believe are needed for their job are not deductible. Read More.

What Happens to Various Groups after the FAIRtax is Enacted? In his 1934 book I, Candidate for Governor: And How I Got Licked, Upton Sinclair famously wrote: Read More.

THE INCOME TAX—RIGGED TO INCREASE THE WEALTH OF THE ELITE FEW AT THE EXPENSE OF THE REST OF US In recent years, a series of bombshell reports confirmed what many Americans long suspected: Read More.

The Council of Economic Advisers Supports Consumption Taxes The Council of Economic Advisors (CEA) is an agency within the Executive Office of the President that provides objective economic analysis and advice on both domestic and international policy. Read More.

Internal, External and Effective Tax Rates: Understanding the Differences In the world of taxation, the terms "internal" and "external" rates describe how the tax is calculated. Read More.

How Federal Taxes Inflate The Price of Everything You Buy When you stand at a checkout counter, the taxes you see are the state and local sales tax added to the subtotal. Read More.

The VAT Blueprint: How It Works—and How Fraudsters Drain the System One of the options to replace the $4.8 trillion presently being collected by the federal income/payroll tax system is the value added tax (VAT) Read More.

The $2 Trillion Mirage: Why an FTT is an Economic Impossibility As President Trump’s team considers eliminating the federal income and payroll taxes, they will need to find other sources for the $4.6 trillion raised by those taxes. Read More.