Chairman's Report - June 1, 2018
Chairman's Report - June 1, 2018
Russell Long served as a U.S. Senator from 1948 until 1987 and was chairman of the Senate Finance Committee for fifteen years from 1966 to 1981. During a meeting at his Washington, D.C. office in the early 1990’s, the Senator related that during his time on the Senate Finance Committee, there was always a constant stream of lobbyists explaining why they were in favor of tax reform as long as it did not affect their client’s particular tax benefit...
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20180601 - Fairtax Friday & Chairman's Report
FairTax Friday - Rethinking Taxes: What Was the Discussion Really About?
ICYMI: FairTax Friday - Rethinking Taxes: What Was the Discussion Really About?
Our New Jersey FAIRtax Team members, Dave Corsi, John O’Rourke, and Pennsylvania FAIRtax-er Anthony LoCasio, attended a forum in Summit, N.J. on April 4, 2018 billed as “Rethinking Taxes” that did not deliver as advertised. At least 50 people and the press were there. READ MORE
Webinar
Webinar
FAIRtax Webinar READ MORE
US to impose steel, aluminum tariffs on EU, Canada, Mexico
US to impose steel, aluminum tariffs on EU, Canada, Mexico
Washington (AFP) - The United States said Thursday it will impose harsh tariffs on steel and aluminum imports from the European Union, Canada, Mexico at midnight (0400 GMT Friday) -- another move sure to anger Washington's trading partners. READ MORE
FAIRTAX HAS A NEW ONLINE COMMUNITY, AND WE WANT YOU TO JOIN!
FAIRTAX HAS A NEW ONLINE COMMUNITY, AND WE WANT YOU TO JOIN!
​Last year, Americans for Fair Taxation invested a great deal of thought and time in creating a new online community for FAIRtax supporters and activists. Using contributions from everyday Americans who care about fair taxation, we sought out the perfect platform and built our new community from the ground up. READ MORE
20180601 - Fairtax Friday & Chairman's Report
Storm Clouds Gather Over the Fed
Wall Street Journal
Storm Clouds Gather Over the Fed
​The Federal Reserve’s plan for accelerating the pace of monetary policy-tightening might be running into some trouble...
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Savings Rate Tumbles Back Near Record Lows As Americans Spend More Than They Make For 28th Month In A Row
Zero Hedge
Savings Rate Tumbles Back Near Record Lows As Americans Spend More Than They Make For 28th Month In A Row
While US personal incomes grew, as expected, at 0.3% MoM, Americans resumed spending fare more than they make (increasing 0.6% MoM in April). For the 28th month in a row, YoY growth in spending has outpaced incomes, sending the savings rate back down to just 2.8, the lowest since the debt-funded holiday spending spree of December 2017, and just shy of record lows.
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