Chairman Reports

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.

When you hear that the Gross Domestic Product (GDP) is 2.9% or 1.8% you may feel that they are just numbers. In fact, the average person probably only has a vague idea of what makes up the GDP numbers we hear about in the media. Simply put, the annual GDP measures the size of the US economy – it is the market value of all goods and services produced by labor and property within a country in a year. It includes both private and public consumption, investments, government expenditure and net exports. 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.

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.

Income taxes harming American churches? It almost happened. Here’s how we can prevent it from ever happening again. Read on. 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.

Most people in America still believe in the basic principle that to get more of something you should reward it. We know that if children find that they can get what they want by screaming and throwing a tantrum every time someone says no, they will use screaming and tantrums as a way of addressing anything they don’t like… Read More.

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.

After the State of the Union address, we were faced with a fork in America’s path: Do we choose freedom or socialism? This week, Steve Hayes examines this choice and how the FAIRtax might just be the liberty we’re searching for. Read More.