The IRS has grudgingly admitted that income tax evasion costs the US Treasury $1 trillion dollars a year. Washington's solution? Hire an army of new IRS agents to audit tax returns and catch the cheaters. In this week's Chairman's Report, Steve Hayes explains why that not only won't solve the problem, but will actually make it worse. Steve again shows why the FAIRtax is the only real solution.

This week's Chairman's Report was guest written by CPA Jade Walle. He explores several ways in which the FAIRtax would positively impact our annual budget deficit, and by extension, our overall national debt.

There is good control and bad control when it comes to taxes. In this Chairman's Report, Steve Hayes explains the differences between good and bad control and then applies that to the income tax vs. the FAIRtax.

Excessive borrowing to fund too much government spending is a recipe for disaster. So far, the United States hasn't had to pay the price--yet. But even the Federal government is not immune to the basic laws of economics. In this Chairman's Report, Steve Hayes breaks it all down and explains how the FAIRtax would be an elegant solution to a variety of economic problems.

Senator Bernie Sanders has proposed spending trillions of dollars on programs he believes will help America. The problem is figuring out how to fund it all. Hey Senator Sanders, here's an idea--help us pass the FAIRtax. The economy will boom, tax evasion will be all but eliminated and revenue will flow into DC to fund the spending you propose.

This week's Chairman's Report is guest written by Jade Walle, CPA and board member for Americans For Fair Taxation. Listen as Jade explains how the FAIRtax will enable Americans to accomplish even more.

After years of downplaying the impact of evasion on the income/payroll tax system, the IRS commissioner recently admitted that it's a trillion dollar a year problem. But what does all that evasion really mean? In this week's Chairman's Report, Steve Hayes breaks it all down and exposes a frightening proposal for dealing with it.

When there's a simple way and a hard way to do something, most reasonable people choose the simple way. So why do we have such a complex and incomprehensible tax system? The answer lies in the answer to a simple question, "Who benefits?" In this week's Chairman's Report, Steve Hayes answers that question and explains what we need to do to get Congress to replace the complex income tax system with the simple FAIRtax.

With the passing of Ron Maiellaro, the FAIRtax movement lost one of its most passionate supporters and most effective spokesmen. This week's Chairman's Report is largely guest written by Bob Paxton, Ron's FAIRtax Power Radio co-host for over six years.

It's a simple truth. If you want more of something, reward it. If you want less of something, punish it. In this week's Chairman's Report, we clearly see how the income/payroll tax system punishes labor, while the FAIRtax would reward it.