Chairman's Report

President Trump has indicated that he is serious about shaking up the Washington establishment that has ruled for as long as any of us can remember. His second term is going to be anything but business as usual in the nation's capital. This gives us the best opportunity we've ever had to abolish the income tax that the establishment has used as a cash cow for decades. Now is the time to mobilize and let your representatives know that you want the FAIRtax.

Will the American people support abolishing the income tax and the IRS even when the tax agency isn't causing them an immediate problem? AFFT president Steve Hayes thinks they will and offers proof in this week's Chairman's Report.

The FAIRtax deals exclusively with collecting revenue, not government spending. Still, AFFT vice president Randy Fischer shows how enacting the FAIRtax would encourage a reduction in federal spending and help bring our burgeoning national debt under control.

Donald Trump is on record saying he wants to abolish the income tax and instead, fund the government largely with tariffs. This week, AFFT president Steve Hayes takes a look at an article by economist Peter St. Onge that explores what would happen if President Trump does indeed get rid of the income tax.

Believe it or not, an author from the 5th century BC is showing us the way to pass the FAIRtax. According to Sun Tzu, knowing your enemy as well as knowing yourself is the key to victory in any conflict or competition. The FAIRtax has many opponents, but they're not a monolithic group. Each has their own reasons to be concerned about replacing the income tax with the FAIRtax. AFFT president Steve Hayes shows us how to achieve victory in our fight for the FAIRtax by applying Tzu's basic principle.

Passing the FAIRtax will require having a President who is willing to lead the charge. We have one in President Trump. While he hasn't fully embraced the FAIRtax yet, Mr. Trump has indicated that he would like to eliminate the income tax. The Trump Presidency represents a chance to pass the FAIRtax that might not come again in our lifetime. Let's be sure we make the most of it.

Mark Cuban is convinced that Kamala Harris will not impose a tax on unrealized gains if she is elected President. However, Ms. Harris has not backed off from her previously stated position of favoring a "billionaire minimum tax" that would indeed include taxing unrealized capital gains. Of course, there's no guarantee that she could get such a tax through Congress. Still, we have a choice between two candidates with very different ideas on taxation. So, choose wisely when you vote.

You hear the same old rhetoric every election cycle. "The rich aren't paying their fair share of taxes". A recent article in Forbes by John Goodman challenges this notion by asking questions no one in the media seems willing to ask. Goodman illustrates just how broken our income tax system is and AFFT president Steve Hayes provides the solution--the FAIRtax.

Nathan Lewis recently wrote an article for Forbes supporting Donald Trump's idea to replace the income tax with a value added tax. While replacing the income tax is a good idea, the value added tax is not. AFFT president Steve Hayes explains why in this week's Chairman's Report.

"We need to raise corporate taxes and make these rich corporations pay their fair share." That may be good political rhetoric in some circles, but economically, it's a terrible idea. This week, AFFT president Steve Hayes looks at an article written by Congresswoman Carol Miller about the effect of corporate taxes on the economy.