Chairman Reports

Many people understand that the FAIRtax, a national retail sales tax on new retail goods and services, replaces the income/payroll tax system as the way that the federal government obtains the funds it needs to operate. There is nearly universal agreement among the nation’s economists that replacing the federal income/payroll tax system with the FAIRtax would result in a thriving economy with unprecedented economic growth. Read More.

Artificial Intelligence (AI) is being hailed as a great tool to make many of our daily activities easier and more productive. Many of us are using it and have seen how it can simplify things for us. The FBI, CIA, and the National Security Agency (NSA) are promoting how AI is making it easier for them to counter criminals and terrorist threats. Provided that it’s done in accordance with the U.S. Constitution, all Americans are in favor of pursuing criminals and terrorists more effectively. Read More.

This year, Georgia Republicans will have the choice to vote for the Fair Tax on the party’s May 21st primary ballot. Supporting the Fair Tax is a decision all taxpayers should consider. Here’s what would happen federally if the Fair Tax, first introduced in Congress in 1999, became law: 1. The U.S. economy would explode. Trillions of dollars offshore will be repatriated because there will be no tax event in doing so. A study shows that capital spending in the first year after passing the Fair Tax will increase 70 percent. That increases productivity and it is estimated that the GDP will grow in the first year by 10 percent. Read More.

Congressman Buddy Carter (R-GA) is the sponsor of HR 25, the FAIRtax bill, in the House of Representatives and a tireless advocate for the FAIRtax. The followings is the text of a press release issued by his office. Read More.

April 15 has just passed. Most of us are taking a breather. It doesn’t have to be this way. The FairTax Act which has been before Congress for 25 years would fund the government with no extra effort from any of us than just paying a sales tax whenever we buy new goods or services. No one would ever have to know what we pay or when we pay. What else would happen? Read More.

Today is April 15, also known as Tax Day, and we thought it would be a good idea to talk about a consumption tax. The Fair Tax Act (referred to as “FAIRtax”) was introduced to the U.S. Congress in 1999 by former Rep. John Linder (R-Ga.), and it stands as the foremost tax reform plan in the nation. Read More.

Last week, the Chairman’s Report, examined a poll done by Scott Rasmussen. While it is not the complete answer, it provides a revealing look at a group of Americans he calls “America’s Elite 1%”, defined as people who make over $150,000 a year, live in densely populated areas, and have postgraduate degrees. Read More.

When people learn about the FAIRtax, they often ask, “Who is stopping the FAIRtax from being enacted?” They see that the FAIRtax, a national retail sales tax on new, not used, retail goods and retail services, eliminates: The income tax and payroll taxes The need to keep receipts and file tax returns. The IRS Read More.

While President Biden’s proposed budget may get him votes—who doesn’t like a free lunch, he’s being rather dishonest regarding how he’s going to pay for it. The President would like us to believe that the lunch really is free but in reality, it’s not. Read More.

Governor Mike Huckabee was born in Hope, Arkansas. He served as Governor of Arkansas from 1996 to 2007. We are proud that he is the Chairman of our Advisory Board. In 2007, he learned about the FAIRtax and endorsed it during his candidacy for the 2008 Republican Party presidential nomination. Read More.

If you’re a FAIRtax supporter, you know that there is a lot of deception being perpetrated against the FAIRtax. DC and its minions are determined to discredit the FAIRtax by any means they can. That includes spreading a wealth of disinformation that they know their friends in the media aren’t going to question. Read More.

One of the most frustrating things that Americans must do is prepare and file federal income tax returns every year which disclose confidential information to the IRS. The IRS assures us that our information is highly protected. We’re further assured that only authorized IRS personnel will have access to our data and that it will be used solely for the purpose of assuring income tax compliance. Read More.

Our Chairman’s Report this week is written by John Linder in response to some questions he received. John was the original sponsor and proponent of the FAIRtax and led the fight to keep the bill before Congress. He is extremely gratified that the House has agreed to submit the FAIRtax to an up or down vote in this session. Read More.

What does artificial intelligence think of the FAIRtax? It is difficult to go through a daily news cycle without seeing some report about AI. Given the rapidly increasing interest in AI, is it fair to ask how AI perceives H.R. 25, the FAIRtax Act? Read More.

IRS Says Tax Enforcement Pays for Itself—and Then Some This is the title of an article in the Wall Street Journal on February 6, 2024 which documents the attempts by the IRS to justify keeping the $80 billion appropriated by Congress. Read More.