Chairman Reports

Arthur Laffer, a prominent American economist, developed a bell-curved analysis that showed the relationship between income tax rates and the total tax revenue the Treasury receives. Read More.

Arthur Laffer, a prominent American economist, developed a bell-curved analysis that showed the relationship between income tax rates and the total tax revenue the Treasury receives. Read More.

U.S. Senators John Barrasso (R-Wyo.) and Mike Crapo (R-Idaho), ranking member of the Senate Committee on Finance, led their colleagues in a letter to Internal Revenue Service (IRS) Commissioner Danny Werfel. Read More.

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.

In early June, former President Trump proposed to eliminate the income tax and replace the revenue with increased tariffs. Read More.

In early June, former President Trump proposed to eliminate the income tax and replace the revenue with increased tariffs. Read More.

In early June, former President Trump proposed to eliminate the income tax and replace the revenue with increased tariffs. Read More.

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.

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.

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.

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.

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.

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.

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.

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.