Videos

Last week, the FAIRtax Guys discussed the public alarm that the “Inflation Reduction” Act has triggered regarding the massive increase in the size and scope of the IRS. All of a sudden, people are paying attention to what’s happening at the IRS and they don’t like what they see. Read More.

With the passage of the “Inflation Reduction” Act and its gargantuan increase in the IRS’s budget, people on social media seems to be alarmed by the massive changes coming to the government’s most universally hated agency. Memes are pointing out that large football stadiums are still too small to hold the army of new IRS agents that will be hired. Others call for hiring school resource officers rather than IRS agents, and others compare the number of billionaires in the country to the number of new agents being hired to show that the enhanced enforcement isn’t going to be aimed at just the super-rich. Read More.

While FAIRtax Guy Bob Scarborough takes a vacation, CPA Jade Walle joins Bob Paxton for his quarterly “Walle’s FAIRtax World” on FAIRtax Power Radio. One of the items he discusses is the “Inflation Reduction Act”—a bill hammered out between West Virginia Senator Joe Manchin and Senate Majority Leader Chuck Schumer. It sounds like a good idea, until you realize that way too often, a bill in Congress actually has the exact opposite effect of what the name implies. Read More.

Most Americans know that Washington DC is inhabited by an army of lobbyists that try to influence legislation on behalf of their clients. But most people have no idea just how big the lobbying industry is or how much money is spread around in an effort to get Members of Congress to either support or oppose particular pieces of legislation. Read More.

Suppose you need to fly across the country on business. Your boss is going to pay for your ticket and you’re offered two choices. You can fly in the back seat of a 70-year-old Piper Cub, or you can go First Class on one of Delta Airlines’ new A321 Neos. Easy choice, isn’t it? Read More.

Taxes are as old as civilized society itself. There have been thousands of different tax systems throughout history, and they all have one thing in common—a significant number of people affected by them believe them to be unfair. That’s certainly the case with the income tax in the United States. Read More.

Imagine that there are two minutes left in the fourth quarter of the Super Bowl and your team is down by four points. You need a touchdown to win the game. You have the ball, third and nine on your opponent's 30 yard line. Your quarterback completes a pass to the tight end for a ten yard gain. Read More.

Most people, including many FAIRtax volunteers, don't realize that the United States is the only country in the world with citizenship-based taxation as opposed to residency-based taxation. As a result, American citizens living abroad are taxed by both their host country and the American IRS. It's a really complicated situation that often leads people to renounce their American citizenship. Read More.

The income tax as we know it today was implemented in 1913. That mean that no one in today’s workforce has known any other system of funding the Federal government. People just assume that the income tax is the only way to do it because it’s the only way they’ve known. And of course, the politicians in DC are all too happy to reinforce that idea in people’s minds. Read More.

We’re always happy when people write articles about the FAIRtax. Keeping the FAIRtax in the public discussion is critical to getting it passed. Unfortunately, authors who aren’t really familiar with the FAIRtax often get things wrong. Read More.

After their weekly look at congress.gov, the Guys continue their exploration of the FAIRtax FAQ published at fairtax.org. Read More.

After several weeks of pointing out all the absurdities, inefficiencies, fraud, abuse and incompetence associated with the income tax and the IRS, the FAIRtax Guys get back to the basics of the FAIRtax. Read More.

I’ve been a stock car racing fan all my life, but I didn’t know it until my dad took me to my first stock car race.  There’s no doubt that millions of Americans are FAIRtax fans and don’t know it because they haven’t been introduced to the FAIRtax and don’t know about all the fantastic things it will do for them. Read More.

We’ve all heard the horror stories about the mess at the IRS. We’ve heard how many of their printers and copiers don’t work because they’re out of ink. We’ve heard about how old and unreliable their computer system is, and we’ve heard how multiplied thousands of refunds have been delayed as the agency deals with a massive backlog of unprocessed returns. Read More.

Unless you’ve been a coma for the past twelve months, you’ve no doubt noticed that inflation is back in the American economy at a level that hasn’t been seen in forty years. As the inflation monster hungrily gobbles up more and more of our purchasing power, people are desperately searching for a weapon to slay the monster with. Read More.