Chairman Reports

Once upon a time, on July 4th 1776, the U.S.A. was born in a revolution against Read More.

Bernie Sanders is running for President again and some think he will be the nominee. Unlike their opinion of some of the other candidates Read More.

President Trump says he is standing up for America. It’s more sensible to not cause other countries to impose retaliatory tariffs on U.S. imports, when the real solution is so much simpler. Replace this nightmare called our income tax system with The FAIRtax. Read More.

Why Don’t Business Leaders Demand The FAIRtax? A question often asked at public meetings while discussing The FAIRtax is, “Why doesn’t business support The FAIRtax?” Of course, many business owners support The FAIRtax and they are advocates. Logically, there are many reasons why businesses should support The FAIRtax. Read More.

The earned income tax credit (“EITC”) became part of the Internal Revenue Code in the Tax Reduction Act of 1975. Read More.

In an article titled Ending Special Tax Treatment for the Very Wealthy by Alexandra Thornton and Galen Hendricks posted on Center For American Progress, the authors make the argument the very wealthy are not paying their “fair share” of taxes. Read More.

THE CHINA TARIFF DISPUTE—LARGELY UNNECESSARY Read More.

The Swamp is confused by the growing unrest about the IRS not providing free filing software to lower income taxpayers. Congress is requiring lower income taxpayers to rely on “free” software provided by tax preparation companies like TurboTax and H&R Block. The Swamp asks, What is the big deal? Read More.

The first federal excise tax on gasoline was one cent when it was first instituted in 1932. Since 1993, it has been 18.4 cents per gallon of gasoline and 24.4 cents per gallon of diesel fuel. It has not been adjusted for the approximately 73% of inflation. This means that it takes $1.73 in today’s dollars to purchase $1.00 of goods in 1993. Read More.

A lesson for the swamp, from Abraham Lincoln: You can’t fool all the people all the time. But they’re trying. Read on. Read More.

Get ready… something wicked this way comes. Is the IRS really increasing audits and enforcement actions? Read on. Read More.

The 2017 tax plan limited to $10,000 the itemized deduction allowed for state and local real estate and personal property taxes and either income taxes or sales taxes (SALT) on itemized income tax returns. Because the SALT deduction is primarily used by citizens in Blue States, even though also by higher income earners with high property taxes in all states, it has been attacked as politically motivated. Read More.

Opportunity Zones were part of the 2017 tax reform passed out of Congress. But are they an opportunity for everyday Americans, or just for the wealthy? Read on. Read More.

St. Patrick talked about the Washington, D.C. swamp. Don’t believe me? Read on. Read More.

A vocal freshman Congresswoman from New York is dominating the headlines. Here’s why Rep. Alexandria Ocasio-Cortez (D, NY-14) should embrace the FAIRtax… Read More.