Chairman Reports

Chairman’s Report - 5/1/20: “It’s Time To Plan For The Post-Crisis World” - People today don’t understand what “Liberty & Freedom” meant in 1789 in terms of economic policy. It meant: No direct taxes such as an income tax Read More.

Chairman’s Report - 4/24/20: “Generalities & The Internal Revenue Code” - Imagine instead of seeing a sign “Speed Limit 30 MPH”, the sign simply said “No Speeding?” Read More.

Chairman’s Report - 4/17/20: “The Coronavirus Delays, Small Business Tax Compliance Burdens & Crony Capitalism” - staff members writing the new even more complex laws will soon be employed by the very tax professionals they were seeking to stop from exploiting the income tax code. Read More.

Chairman’s Report - 4/10/20: “The Coronavirus Filing Delay Gives Us A Glimpse Of The Future” - A control mechanism and a way to reward the friends of the Ruling Class at everyone else’s expense and pain. Read More.

Chairman’s Report - 4/3/20: “The Coronavirus & The Economic Impact On The U.S.” - Most small businesses and many large businesses don’t have the financial reserves necessary to continue paying their employees and to pay their bills for very long if they have to close. This is due in large measure to the penalties on production and savings built into the income-payroll-tax-system. Read More.

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.