Chairman Reports

John W. Childs is the Chairman of J.W. Childs Associates, L.P., a private equity and special situation investment firm founded in 1995, currently focusing on life science, real estate and consumer brands investments. Previously, John was Senior Managing Director of the Thomas H. Lee Company from 1987 to 1995, where he had broad responsibilities for originating, analyzing, negotiating, and managing leveraged buyout transactions, such as Snapple and General Nutrition Company. Read More.

Every for-profit business must deliver products or services that people are willing to pay for, or they will cease to exist.  Similarly, every non-profit organization must show itself worthy of the contributions they seek, or they too will disappear. Read More.

In March of 2021, the IRS shredded 30 million paper-filed information returns as a solution to the pandemic-related backlog. Read More.

Rather than have a picture of fireworks or picnics or other activities usually associated with the 4th of July, it seems that we should remember why many of us have persisted in the effort to replace the federal income tax with a national retail sales tax—the FAIRtax. Read More.

Ayn Rand’s 1957 larger-than-life novel, Atlas Shrugged, was light years ahead of its time.  Its insights into the human psyche and our role in a larger society and governmental construct are illuminating to this very day, if not even predictive.  As my daughter embarks upon reading this masterful piece of work and penning a scholarship essay on the book this summer, a thought arose. Read More.

Every for-profit business must deliver products or services that people are willing to pay for, or they will cease to exist.  Similarly, every non-profit organization must show itself worthy of the contributions they seek, or they too will disappear. Read More.

"We Told You So!" - The 2017 Tax Reform Delivered as Promised is the title of an article that appeared in the May 8, 2022 Wall Street Journal.  Written by two distinguished economists, this article explains how they predicted the favorable economic effects of the 2017 Tax Cuts and Jobs Act and how critics attacked them for being overly “optimistic.” Read More.

"Stop the Hidden Payoffs" - For as long as there have been people in governments that could bestow benefits and advantages on businesses and individuals, there has been the expectation that the businesses and individuals who want those benefits and advantages should pay for the favorable treatment they receive—usually with money or its equivalent. Read More.

"Cancel Culture and the FAIRtax" - Cancel culture is a cruel and ugly phenomenon that has stormed into American society and entwined itself into the very fabric of our lives.  Cancel culture has been defined in varying ways, including, as quoted in a May 19, 2021 Pew Research Center analysis, trying to silence someone that does not have the same belief as you.  Read More.

"The Tax Foundation Is Advocating Sales Tax!" - The Surprising Regressivity of Grocery Tax Exemptions is the title of a study written by Jared Walczak for the Tax Foundation.  Here are some of the findings: Read More.

"Harris Poll On Taxation—Frustration And Distrust" - Unlike property taxes and sales taxes which are assessed by government, the federal income tax is calculated by American taxpayers.  Read More.

"Billionaire Minimum Income Tax Proposal" - Recently, the Biden administration announced a new way to impose a tax on the very wealthy. It is called the Billionaire Minimum Income Tax or BMIT. Read More.

"The Economy- Inflation and the FAIRtax" - As of the end of March 2022, the US Bureau of Labor Statistics notes the Consumer Price Index rose 8.5 percent over the past 12 months, the highest rate since December 1981.  Read More.

"A Theoretical Note On Tax Evasion: The Case Of The American FAIRtax Plan" - This is the title of an article published in Scientific Research Publishing. The authors are Dr. James Barth, Dr. Yinan Ni and Dr. Richard Cebula. Read More.

This Should Be The last April 15th Tax filing Day We Have To Endure! Read More.