Chairman Reports

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The Chairman’s Report August 16th, 2024
The story is about an emperor who is exceedingly vain and obsessed with his appearance, particularly his clothing.  When two clothes weavers arrive at the emperor’s court and claim that they can weave the finest clothes imaginable, which are invisible to anyone who is unfit for their position or hopelessly stupid, the emperor is excited. Read More.
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The Chairman’s Report August 9th, 2024
In early June, former President Trump proposed to eliminate the income tax and replace the revenue with increased tariffs. Read More.
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The Chairman’s Report August 2nd, 2024
In early June, former President Trump proposed to eliminate the income tax and replace the revenue with increased tariffs. Read More.
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The Chairman’s Report July 26th, 2024
In early June, former President Trump proposed to eliminate the income tax and replace the revenue with increased tariffs. Read More.
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The Chairman’s Report July 19th, 2024
Sarah Huckabee Sanders is the governor of Arkansas and daughter of Mike Huckabee who is on the AFFT Advisory Committee and who ran for President promising to enact the FAIRtax. Read More.
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The Chairman’s Report July 12th, 2024
On June 20, 2024, the U.S. Supreme Court handed down its decision in the case of Moore v. United States.  By a 7-2 margin, the Court ruled that the transition tax defined in section 965 of the 2017 Tax Cuts and Jobs Act was constitutional.  That tax was imposed on the unrealized earnings of American citizens holding shares in a foreign corporation. Read More.
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The Chairman’s Report July 4th, 2024
In 1776, The Declaration of Independence was signed by 56 delegates to the Second Continental Congress, representing the 13 colonies. Twenty-four were lawyers and jurists. Eleven were merchants, nine were farmers and large plantation owners, men of means, well educated. Read More.
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The Chairman’s Report June 28th, 2024
Could the unthinkable ever happen to our great country? Victor Davis Hanson addresses this very subject in his latest book, The End of Everything. In a recent article in the June 2024 edition of Amac Magazine entitled, “Can Societal Annihilation Happen Again?” Victor discusses many aspects of what has historically led certain civilizations to experience a complete elimination of their culture, way of life, language, physical space, people, and long customs and traditions. Read More.
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The Chairman’s Report June 21st, 2024
John Linder, a retired Member of Congress is the original sponsor of the FAIRtax and is on the AFFT Advisory Board members. John has written a letter to President Trump about how to fundamentally change D.C.--he should replace the income/payroll tax system with FAIRtax. Read More.
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The Chairman’s Report June 14th, 2024
One of the loudest complaints raised against the FAIRtax is that it would abolish the corporate income tax. According to DC elite thinking, it’s absolutely unconscionable that billions of dollars of corporate profits would go completely untaxed. The elites sincerely believe that these mega-rich corporations have an obligation to “pay their fair share”. Read More.
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The Chairman’s Report June 7th, 2024
An editorial in the Wall Street Journal discussed IRS Commissioner Danny Werfel’s testimony before the House Appropriations on May 7, 2024. Here are some of the points made in the editorial: Commissioner Werfel told legislators that the IRS faces financial collapse. “Resources are limited,” he said, and the agency “will likely use them entirely before the funding expires.” Read More.
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The Chairman’s Report May 31st, 2024
As we embark upon another presidential campaign cycle or we at least see an escalation of the perpetual campaign cycle we currently reside in, I like to imagine a country where the FAIRtax is the law of the land as opposed to our income and payroll tax system. If the dream became a reality, would anything be different and if so, what might this look like? Read More.
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The Chairman’s Report May 24th, 2024
Many people understand that the FAIRtax, a national retail sales tax on new retail goods and services, replaces the income/payroll tax system as the way that the federal government obtains the funds it needs to operate. There is nearly universal agreement among the nation’s economists that replacing the federal income/payroll tax system with the FAIRtax would result in a thriving economy with unprecedented economic growth. Read More.
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The Chairman’s Report May 10th, 2024
Artificial Intelligence (AI) is being hailed as a great tool to make many of our daily activities easier and more productive. Many of us are using it and have seen how it can simplify things for us. The FBI, CIA, and the National Security Agency (NSA) are promoting how AI is making it easier for them to counter criminals and terrorist threats. Provided that it’s done in accordance with the U.S. Constitution, all Americans are in favor of pursuing criminals and terrorists more effectively. Read More.
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The Chairman’s Report May 17th, 2024
This year, Georgia Republicans will have the choice to vote for the Fair Tax on the party’s May 21st primary ballot. Supporting the Fair Tax is a decision all taxpayers should consider. Here’s what would happen federally if the Fair Tax, first introduced in Congress in 1999, became law: 1. The U.S. economy would explode. Trillions of dollars offshore will be repatriated because there will be no tax event in doing so. A study shows that capital spending in the first year after passing the Fair Tax will increase 70 percent. That increases productivity and it is estimated that the GDP will grow in the first year by 10 percent. Read More.

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