Current News

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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.
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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.
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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.
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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.
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The Grassroots Corner October 27th, 2025
STRATEGIC PLANNERS Our planning process has taken a new turn. Read More.
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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.
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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.
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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.
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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.
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National Debt Tracker: American taxpayers (you) are now on the hook for $37,883,930,412,462.39 as of 10/10/25
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.
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The Grassroots Corner October 20th, 2025
MARK SCHAFF PUTS GROK AI TO THE TEST – PART 2 Our FAIRtax Leader in South Carolina, Mark Schaff, put Grok to the test and sent in the results. Read More.
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Some Americans will lose popular 401(k) tax break in major retirement rule change starting 2026
New IRS regulations are changing 401(k) catch-up contribution rules for workers aged 50-plus who earn over $145,000 by mandating after-tax Roth contributions starting in 2026. Read More.
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Over 20 state economies are in or near recession, Moody's finds
Mark Zandi's analysis revealed recession risks are spread among states around the country, with the DC area particularly affected by cuts to the federal government. Read More.
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The Grassroots Corner October 13th, 2025
DAVID WILLIAM GETS SNOOKERED BY THE IRS This week’s Grassroots Corner comes from FAIRtax supporter David William, who clearly prefers the FAIRtax over the current income tax as administered by the IRS. Read More.
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Major health insurers scaling back Medicare Advantage offerings in 2026
CVS Health's Aetna, Humana and UnitedHealth plan to scale back Medicare Advantage offerings in 2026 due to government reimbursement cuts and rising healthcare costs. Read More.

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