Current News

The figure reported on Thursday is below economists’ estimates of an increase of 50,000 jobs and also down from the prior month’s revised reading of a loss of 3,000 jobs. Read More.

The FAIRtax and America’s Youth 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.

Leavitt said layoffs are necessary amid the Democrat-forced government shutdown because of the U.S. exorbitant debt and absence of money flow. Read More.

The average rate on the 30-year fixed mortgage rose this week to 6.34%, according to the latest Freddie Mac data released on Thursday. That is up from last week's reading of 6.3%. Read More.

MARK SCHAFF PUTS GROK AI TO THE TEST Our FAIRtax Leader in South Carolina, Mark Schaff, put Grok to the test and sent in the results. Read More.

The U.S. economy's GDP grew at a 3.8% rate in the second quarter following the latest revision after the economy recorded a 0.5% contraction in the first quarter. Read More.

Average rate on the benchmark 30-year fixed mortgage rose to 6.3%, says Freddie Mac... Read More.

PEW SURVEY CONFIRMS THAT IRS IS LEAST LIKED FEDERAL AGENCY A recent Pew Research poll confirmed what almost everyone in America knows—the IRS is the least popular of the federal agencies. Read More.

The prices of goods affected by tariffs fell in August, crushing the hopes of everyone at the Cato Institute. 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.

THE COSTS OF THE FEDERAL INCOME TAX SYSTEM TO THE ECONOMY The Trump administration continues to examine government agencies seeking ways to improve their efficiency and ensuring that they are doing their stated duties. Read More.

Fed's first rate cut of the year could save credit card users $1.92 billion in interest annually while possibly reducing returns on savings accounts and certificates of deposit. Read More.

The average rate on the 30-year fixed mortgage fell this week to 6.26%, according to the latest Freddie Mac data released on Thursday. That is down from last week's reading of 6.35%. Read More.

THE WORLDWIDE MINIMUM CORPORATE TAX COMES UNRAVELED Recently, German Chancellor Friedrich Merz urged suspending the minimum corporate tax for large companies, which 140 countries had earlier agreed to. Read More.

Social Security Commissioner Frank Bisignano said raising the Social Security retirement age is "not under consideration." Read More.