Chairman Reports

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.

Privacy is important to every American. But do you have the privacy you think you do? The IRS may have other thoughts. Read on. Read More.

We know Social Security is in serious trouble if nothing is done. What’s the best course of action? Read on. Read More.

Happy Holidays from FAIRtax! Read More.

What is the FAIRtax? And, just as importantly, what ISN’T the FAIRtax? With tax day looming, get the real story here. Read on. Read More.

Happy Holidays from FAIRtax! Read More.

The Florida political attacks on the FAIRtax haven’t stopped, and as Benjamin Franklin said, “Half a truth is often a great lie.” It’s time to separate fact from fiction. Read More.

The election is over. What happens next for FAIRtax? Read More.

Some critics of the FAIRtax assert that purchasing homes will be much more difficult for working Americans. They point to the fact that new homes, like other retail products, will be subject to the FAIRtax… Read More.

How does FAIRtax impact charitable giving? Read More.

States with high taxes aren’t happy about the recent tax cuts. Why? Because their taxes are too high. So who to blame? The federal government who cut taxes, of course. Read More.

Many of us smile and agree with the statement by Spenser Tracy, “Acting is not the noblest profession in the world, but there are things lower than acting. Not many, mind you - but politicians give you something to look down on from time to time.” Read More.