Current News
DOGE Saves $5 Million Annually After Cancelling Tons of Unused Software Licenses
The keen eyes of DOGE have uncovered that several agencies have been paying for more software than they were using. Read More.
Retailers shift supply chains to reduce risks from Trump’s tariffs on China
Macy’s and Target cut China sourcing amid rising tariffs and trade war uncertainty under Trump administration.
Read More.
The Chairman’s Report June 6th, 2025
WHEN WILL THE IRS AUDIT THE POPE?
Americans, both Catholic and non-Catholic, are celebrating the first American Pope, Leo XIV. Read More.
Price of eggs has dropped 61% since Trump took office
US egg prices plunge from all-time highs amid bird flu losses and increased imports.
Read More.
Trump to Double Tariffs on Steel Imports to 50 Percent After U.S. Steel Deal
President Donald Trump announced Friday that he will be doubling tariffs on imported steel, from 25 percent to 50 percent. Read More.
The Grassroots Corner June 2nd, 2025
LETTER TO EDITOR: HERE ARE 30 REASONS TO LIKE THE FAIRTAX PROPOSAL
Editor’s note: Over fifteen years ago, Roger Sherman sent the following letter to the Arab Tribune of Arab, Alabama. Read More.
Trump threatens 25% tariff on iPhones, 50% tariff on EU goods amid trade tensions
President Donald Trump is demanding that iPhone production takes place in America and accuses European Union of $250B trade deficit
Read More.
Klarna’s Losses Double as More ‘Buy Now, Pay Later’ Customers Skip Paying Loans Back
Buy now, pay later giant Klarna suffered a doubling of net losses in the first quarter as an increasing number of customers failed to pay back their loan installments. Read More.
The Chairman’s Report May 30th, 2025
FAIRtax and the Spending Equilibrium
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.
What will no taxes on tips cost in foregone tax revenue?
Economists, watchdogs criticize bipartisan measure as 'egregious' deficit spending ahead of broader tax package
Read More.
Mortgage rates rise to highest level since mid-February
Average rate on the benchmark 30-year fixed mortgage rose to 6.86%, says Freddie Mac
Read More.
The Chairman’s Report May 23rd, 2025
The IRS Is Like the Scorpion on the Turtle
Many of us are familiar with the fable about the scorpion and the turtle.
Read More.
White House: Not Passing Budget Bill Could Strip Millions of Americans of Their Health Insurance
Nearly 10 million Americans could be without health insurance if the “big beautiful bill" does not pass, the White House warned Saturday. Read More.
Trump Administration Lays Out Five Reasons to Back ‘One Big Beautiful Bill’
The White House is pointing to 5 reasons it believes lawmakers should support the "One Big Beautiful Bill," which is headlined by tax cuts. Read More.
The Grassroots Corner May 26th, 2025
A DAY ON THE HILL
Recently, our Virginia State Leader, Jake Buscher of Waynesboro, and Jim Bennett attended five meetings on Capitol Hill, three of which grew from constituents in the Congress Members’ districts. Read More.
