Current News

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IRS guidance for Trump's 'no tax on tips' and overtime deductions: What to know
Workers can deduct up to $25K in tips and over $12K in overtime pay under new tax law provisions Read More.
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Americans surge toward financial resolutions for 2026 amid household budget concerns
Nearly three-quarters dealt with financial setbacks last year, driving focus on emergency funds Read More.
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Oil and gas prices expected to stay significantly lower through 2026
EIA forecasts Brent crude will fall from $69 to $55 per barrel while US oil production remains steady Read More.
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Bill Ackman slams California wealth tax as ‘expropriation’ of private property
Bill Ackman slams California's proposed billionaire wealth tax as "expropriation of private property" as tech moguls reportedly consider leaving the state. Read More.
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Trump Administration to Garnish Wages for Student Loans in Default Next Year
The Trump administration has proposed garnishing the wages of those in default on their student loans next year. Read More.
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IRS reveals updated retirement contribution limits for 2026
New retirement plan contribution limits announced by the IRS for 2026 include higher 401(k), IRA and catch-up contribution amounts for enhanced retirement planning. Read More.
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The Chairman’s Report January 1st, 2026
FROM ALL OF US AT AMERICANS FOR FAIR TAXATION! HAPPY NEW YEAR! Read More.
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US economy expected to grow faster in 2026 despite stagnant job market: Goldman Sachs
Goldman Sachs economists predict U.S. economic growth will accelerate to 2.6% in 2026, driven by tax cuts, reduced tariff drag and Federal Reserve rate cuts. Read More.
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3 retirement savings mistakes every 50-something should avoid in 2026
Avoiding these could help you avoid a financial crunch later on. Read More.
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The Grassroots Corner December 29th, 2025
HAPPY NEW YEAR FROM YOUR FRIENDS AT FAIRTAX! Read More.
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Inflation remained elevated in November as Fed considers pausing interest rate cuts
The Bureau of Labor Statistics released the November consumer price index which showed that CPI inflation remained well above the Federal Reserve's 2% target rate. Read More.
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Musk predicts AI will create 'universal high income' and make saving money unnecessary
Elon Musk dismisses Trump savings accounts, claiming AI will create "universal high income" and eliminate poverty, making saving unnecessary. Read More.
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The Chairman’s Report December 25th, 2025
FROM ALL OF US AT AMERICANS FOR FAIR TAXATION! Read More.
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Trump Contrasts Rising Wages Since He Returned to Office with Shrinking Real Wages Under Biden
President Donald Trump contrasted falling wages and rising prices under former President Joe Biden with the inverse under his administration. Read More.