Current News
National Debt Tracker: American taxpayers (you) are now on the hook for $38,040,093,786,521.02 as of 11/3/25
The U.S. national debt is climbing at a rapid pace and has shown no signs of slowing down despite the growing criticism of massive levels of government spending. Read More.
The Grassroots Corner November 3rd, 2025
MARK SCHAFF PUTS GROK AI TO THE TEST – FINAL PART THREE
Our FAIRtax Leader in South Carolina, Mark Schaff, put Grok to the test and sent in the results. Read More.
Social Security COLA for 2026 revealed following shutdown-related delay
Annual COLA announcement was delayed by the government shutdown disrupting the monthly CPI inflation report
Read More.
Bessent: 100% Tariff Trump Threatened on China ‘Effectively Off the Table’
Sunday on CBS's "Face the Nation," Treasury Secretary Scott Bessent said following negotiations, the 100% tariff President Trump threatened to impose on China was "effectively off the table." | Clips Read More.
The Chairman’s Report October 31st, 2025
More Lipstick on a Pig--The Fair and Accountable IRS Reviews Bill
Last week there was a lot of fanfare when the House Ways And Means Committee... Read More.
Mortgage rates drop to lowest level in over a year as buyers regain leverage
The average rate on the 30-year fixed mortgage fell this week to 6.19%, according to the latest Freddie Mac data released on Thursday. That is down from last week's reading of 6.27%. Read More.
Federal Reserve faces dilemma amid expected rate cut decision
The Federal Reserve is expected to cut interest rates 25-basis-points at its meeting this week, though elevated inflation has created a dilemma for policymakers. Read More.
The Chairman’s Report October 24th, 2025
The FAIRtax Will Not Make Prices Rise
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.
Opinion Should all 50 states eliminate income tax? Understanding the real trade-offs
States without income tax rely on sales taxes and natural resources for revenue, while high-tax states fund expansive social programs through steep rates. Read More.
New Social Security COLA release date confirmed amid government shutdown
BLS recalled furloughed workers to release September inflation data needed for 2026 COLA calculation Read More.
The Grassroots Corner October 27th, 2025
STRATEGIC PLANNERS
Our planning process has taken a new turn. Read More.
Business groups warns government shutdown is 'harming small businesses and costing American economic growth'
Business groups warn regulatory delays and operational disruptions pile up during extended closure. Read More.
Democrat-Led Illinois Spent More Taxes on Migrants’ Health than Roads, Foster Kids, Elderly, and Arts Combined
The state of Illinois spent more to give free health care to illegal migrants than the total it spent on its citizens in several categories. Read More.
The Chairman’s Report October 17th, 2025
NO TAX ON TIPS—A SIMPLE IDEA UNTIL CONGRESS GOT INVOLVED
Here is a slide that shows the typical Congressional/bureaucratic response to a simple problem. Read More.
The government is shut down but the tax filing extension deadline remains
The government shutdown does not extend the October 15 tax filing deadline for taxpayers who requested extensions earlier this year for their 2024 tax returns. Read More.
