Current News

The FAIRtax Experiment- Have no Fear! This week’s Chairman’s Report is written by Jade Walle. A practicing CPA has been on the American For Fair Taxation board of directors. Read More.

The Bureau of Labor Statistics' preliminary benchmark revision showed the U.S. economy added 911,000 fewer jobs than previously reported from April 2024 to March 2025. Read More.

Home equity erosion occurs when inflation outpaces home price growth, reducing homeowners' wealth in inflation-adjusted terms when they borrow against their home or sell. Read More.

Bank of America Institute data shows small business hiring slowed 6.7% year-over-year as of July as tariff payments by importing firms surged nearly 170% since early this year. Read More.

Data from the New York Federal Reserve showed Americans' confidence in finding new jobs hit a record low of 44.9% in August, the lowest since tracking began in 2013. Read More.

The FAIRtax and rental property ownership This week’s Chairman’s Report is written by Jade Walle. A practicing CPA has been on the American For Fair Taxation board of directors. Read More.

The average rate on the 30-year fixed mortgage fell this week to 6.56%, according to the latest Freddie Mac data released on Thursday. That is down from last week's reading of 6.58%. Read More.

The United States' national debt is on track to double over the next three decades amid a rush of spending by the White House and Congress. Read More.

HOW WE MADE THE SURVEY HAPPEN In June, we reported the release of a national survey that was largely good news for the FAIRtax. Read More.

The Commerce Department released the July PCE inflation report which showed the growth of consumer prices remained elevated as the Federal Reserve considers an interest rate cut. Read More.

Indian officials warn US orders could fall 20-30% as new duties make shipments unviable Read More.

Labor Day: Celebrating the Contributions of Workers Monday, September 1st, is Labor Day, a federal holiday. Read More.

Canada will remove retaliatory tariffs on USMCA-compliant U.S. goods in an effort to restart trade talks with President Donald Trump's administration. Read More.

Minutes from the Fed's July policy meeting revealed policymakers prioritized tariff-driven inflation risks over labor market concerns when keeping interest rates unchanged. Read More.

THIRTEEN REASONS THE TAX SYSTEM MIGHT NOT BE AS FAIR AS YOU THINK – AND HOW THE FAIRTAX MAKES IT BETTER Your friends who support the graduated income tax system are probably under the mistaken impression that in order to be fair, a tax system must be complicated. Read More.