Chairman Reports

Chairman’s Report - 3/27/20: “U.S. Manufacturing & Higher Paying Jobs” - Double Whammy! U.S. exporter doesn’t get back the embedded costs created by the destructive income-payroll tax system. When a U.S. produced product arrives in another country, that country adds its 15% to 23% value added-consumption tax making the U.S. product that much more expensive. Read More.

Chairman’s Report - 3/20/20: “Manufacturing, The Coronavirus & Occam’s Razor” - William of Ockham was a 14th century Franciscan friar-philosopher who asserted when you have competing theories which try to provide the answer to a problem, you shouldn’t reject a solution just because it’s the simpler one. In fact, the simplest solution is often the best answer. Read More.

Chairman’s Report - 3/13/20: “The FAIRtax & The Coronavirus” - Addressing the Coronavirus situation with The FAIRtax would be much easier than having countless bureaucrats process these other programs which, like other “temporary” government programs in the past, will never go away. Read More.

Chairman’s Report - 3/6/20: “Foreign Investment” - When a man who had swindled millions of dollars from retired people was brought before the judge for sentencing, the judge asked, “How could you swindle all of those nice old people who trusted you”? Read More.

Chairman’s Report - 2/28/20: “The Parasitoids Are At It Again” - Parasitoids are organisms sucking the lifeblood from their hosts which eventually kills them. Who do think we are referring to? Read More.

Chairman’s Report - 2/21/20: “How Much Do You Actually Pay Under The Income-Payroll-Tax-System?” - The truth is no one really knows. The true measure of a tax system is how much does it reduce your spendable income. Read More.

Chairman’s Report - 2/14/20: “The Income Tax Puts Us All On Welfare” - Thanks to the income-payroll-tax-system, every American filing an income-tax return or receiving Medicare is receiving “welfare”. Read More.

Chairman’s Report - 2/7/20: “Inherited Wealth & The Income-Payroll Tax System” - Some of the commentators actually seem to be delighting in “punishing” those people who have deferred spending on themselves and have the audacity to provide money to their heirs for the heirs to spend. Read More.

Chairman’s Report - 1/31/20: Rep. Larson’s Social Security 2100 Act, Perpetuating A FAILED System. In an article entitled, “5 Issues With the Social Security 2100 Act”, authored by Sean Williams for Motley Fool, Mr. Williams made the following points: Read More.

Chairman’s Report - 1/24/20: Should We Tax Corporations? “The Ruling Class” has found taxes are a good way to punish those who disagree with them, and to reward those who obey and pay tribute to them. Isn’t it time to remove the parasites and go to a sane tax system? Read More.

Chairman’s Report - 1/17/20: Another Unnecessary Problem For Small Business - The employer wants to offer ownership and the employee wants to accept it. This should be a win-win situation for both sides. But wait, the income-payroll-tax-system doesn’t like this arrangement. Read More.

Chairman’s Report - 1/10/20: The Ruling Class Is Horrified - Throughout history, the “Ruling Class” has gone by different names. They have been called kings, queens, warlords, tzars and other forms of royalty. However, their basic position on how the system is supposed to work has always been the same, perpetuating its own power. Read More.

Chairman’s Report - 12/20/19: An Unnecessary Solution To A Problem They Created - All of these very bright people will not be devoting their energies to improving the well-being of the people of the world, but instead will be draining huge amounts of time and resources to solve a problem which shouldn’t be there in the first place. Read More.

Chairman’s Report - 12/13/19: Rent seeking is an economic term derived from the work of economist Adam Smith. It simply means obtaining favorable treatment, generally from a government entity. Read More.

Chairman’s Report - 12/6/19: U.S. Supreme Court Justice Louis Brandeis said, “If there be time to expose through discussion the falsehood and fallacies, to avert the evil by the processes of education, the remedy to be applied is more speech, not enforced silence”. Read More.