A recent study by the Stanford Institute for Economic Policy Research found that black taxpayers were 2.9 to 4.7 times more likely to be audited by the IRS than non-black taxpayers. That's just one more reason why the corrupt an incomprehensible income tax system should be replaced with the FAIRtax.

This week's Chairman's Report is based on an article written by Jeff Carter. Jeff has an impressive list of credentials as a successful businessman. See why he thinks that the country would benefit greatly if the income/payroll tax system was replaced with the FAIRtax.

This week's Chairman's Report is guest written by John Linder, the original sponsor of the FAIRtax bill in the House. John first exposes some of the dishonesty that opponents are directing at the FAIRtax. Then, he does the math and proves that the FAIRtax is a better deal for taxpayers than the income tax.

The FAIRtax has been promised a vote in the House and the establishment is scared. They're doing all they can to attack the FAIRtax, and the media is spreading their criticisms across the entire country. The problem is that they're not telling the truth, the whole truth and nothing but the truth. This week AFFT president Steve Hayes unmasks the lies and deception surrounding the FAIRtax.

This week's Chairman's Report is guest written by David Weber. David represents Maryland on the FAIRtax Board of Governors. David examines how the IRS fails the Diversity, Equity and Inclusion test miserably, while the FAIRtax passes it with flying colors.

A new CBO report indicates that Social Security is going broke even faster than we thought. An increasingly smaller number of workers is having to support an increasingly larger number of retirees. There's only one way to really fix the problem. Extend the tax base from just those working for a paycheck to everyone whose spending exceeds the poverty level. In other words, pass the FAIRtax.

In order to catch an admittedly small number of tax cheats, the IRS is going to impose draconian reporting requirements on all of us who receive payments through online payment services like PayPal and Venmo. If you receive just one payment for over $600, you'll get a 1099-K for the amount you receive. That's true even if that payment is for a transaction on which you actually incur a loss. It's just another way the DC elites are seeking to exert control over us, and another reason why we need to replace the entire income tax system with the FAIRtax.

This week's Chairman's Report is guest written by CPA Jade Walle. In it, he addresses a question that's often raised about the FAIRtax concerning demand for new products. Since the FAIRtax taxes only new goods, there is fear that demand for new goods will dry up as people begin buying used goods in order to avoid the tax. Listen as Jade explains why this fear is unfounded.

Senator Whitehouse of Rhode Island has been caught red handed trying to get the IRS to persecute tax exempt groups whose politics the Senator doesn't like. Fortunately, he did not succeed, but the fact that he even tried it is more proof that the as long as the IRS exists, it will be used as a political weapon. There's no way to de-politicize the IRS. We can only abolish it by replacing the income tax with the FAIRtax.

Federal law specifies that data supplied to the government on an income tax return is confidential. It further prescribes that it's a felony to breach that confidentiality by leaking income tax return information. Still, such leaks occur, and it seems that no one is ever punished for it. Now that it appears that the House Ways and Means Committee will be furnished copies of President Trump's tax returns, does anyone really believe they will stay confidential for long? There's only one way to turn this soap opera off--pass the FAIRtax and eliminate tax returns altogether.