Current News

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.

Postal services across Europe and Asia have paused U.S. deliveries ahead of new Trump administration tariff rules taking effect next Friday, Aug. 29. 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.

DAVID MORELLI BRINGS THE FAIRTAX TO ARKANSAS We introduced our then-new Arkansas State Leader, David Morelli, three years ago. Read More.

The One Big Beautiful Bill Act raised the debt limit by $5 trillion, causing concern among fiscal experts as it's projected to add over $3.4 trillion to the national debt over 10 years. Read More.

The average rate on the 30-year fixed mortgage fell this week to 6.58%, according to the latest Freddie Mac data released on Thursday. That is down from last week's reading of 6.63%. Read More.

Misrepresenting Adam Smith Misrepresenting Adam Smith is the name of a Substack article written by Dr. David Friedman.  Dr. Friedman’s impressive resume is contained at his web page.  Read More.

The projection for Social Security's 2026 cost-of-living adjustment rose to 2.7% as inflation trends higher, as the program faces insolvency challenges in less than a decade. Read More.

Several states have raised taxes on wealthy residents to narrow state budget deficits and offset expected declines in federal funding for programs like Medicaid. Read More.

STATES THAT GROW AND SHRINK DUE TO TAXES Jasmine Laws, writing in the January 8, 2025, issue of Newsweek, surveyed states experiencing the greatest population growth and decline. Read More.

The federal budget deficit increased by $109 billion in first 10 months of fiscal year 2025 despite a $70 billion boost from the Trump administration's tariffs on imported goods. Read More.