The income tax code contains both credits and deductions. An
example of a tax credit is the Child Tax Credit that allows a
$1,000 credit for children under age 17 … Read More.
Governor Mike Huckabee has left the race for the Republican
nomination for President. He was a tireless advocate for the
FAIRtax, the only real tax reform and will continue to be. Read More.
Despite the fact that Trump, Cruz, and Rubio have released flat
income tax-based plans, this doesn’t mean that they are not going
to be open to real reform—the FAIRtax—if they are elected. Read More.
Many times we have explained the FAIRtax to someone and received
the reply, “A great idea but it will never happen.” Of course,
throughout history there are … Read More.
There is continuing good news for all FAIRtax supporters. Rob
Woodall, the sponsor for the FAIRtax in the House of
Representatives, and I literally bumped into each other in the
halls of the Longworth House Office Building this week. Read More.
A nation’s tax that is border adjustable is one that taxes
imports and domestic goods the same way but does not tax the
nation’s exports. This is a subsidy from the nation to make its
exports more competitive. Read More.
The word “philanthropy” derives from the ancient Greek word
“philanthropia”, meaning “to love people.” Since the founding of
the United States, there have … Read More.
This week we celebrate the birthdays of George Washington and
Abraham Lincoln. Considered by many historians to be our two
greatest presidents, they came from vastly different backgrounds. Read More.
For those of us who have been working for many years to get real
tax reform, it is very frustrating to see the D.C. politicians
express their agreement with real tax reform. Read More.
Now that Senator Cruz and Governor Kasich have suspended their
campaigns, Donald Trump is the “presumptive” Republican nominee
for President. A key question is if a President Trump … Read More.
Congressman Woodall’s excellent report explains that The Ways And
Means Committee Members are much more interested in how
consumption taxes can work and why they work … Read More.