Chairman Reports

Realtors would see a big benefit from the FAIRtax (and so would everyone else). So why aren’t they lobbying in favor of real tax reform? Read More.

People in the real estate industry have long championed the Mortgage Interest Deduction (MID). The MID allows a taxpayer to reduce the amount of income subject to the federal income tax by the amount paid in interest on their home mortgage… Read More.

There’s a new idea floating around the Senate: Taxing an individual’s wealth, not just their income. Our Chairman, a former tax attorney, discusses this new wealth tax in this week’s Chairman’s Report. Read on! 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.

When the FAIRtax is explained to many audiences, it is easy to see people thinking of the impact on their family if items were increased in price by 23%. Since most in the audience are on a budget, the prospect of suddenly paying that much more is very concerning… Read More.

As the years pass, many of us find that some physical things are not as easy as they used to be. For some, there is new meaning to Sonny Steele’s (played by Robert Redford) statement to Hallie Martin (played by Jane Fonda) in the movie Electric Horseman, “Some parts wake up faster than others.” 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.

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.

A Wall Street Journal article entitled “For U.S. Farmers, China Tariffs’ Timing Is Brutal” that was published on March 26, 2018 discusses at length the possible adverse effects on farmers if there is a trade war with China. 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.

How does FAIRtax impact charitable giving? Read More.

All of us know that there are many reasons to pass the FAIRtax and we don’t need to list them here. However, in this the world’s greatest economy we have a growing crisis. According to a national survey conducted online by Harris Poll on behalf of CareerBuilder: Read More.

Happy Holidays from FAIRtax! Read More.

THE IRS IS AUDITING A LOT FEWER AMERICANS–PERCENTAGE OF INDIVIDUAL TAX AUDITS FALLS TO LOWEST LEVEL SINCE 2002 Read More.

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