This week's Chairman's Report is guest written by Jade Walle, a CPA and a board member for Americans For Fair Taxation. Jade uses the analogy of putting a golf ball to explain the burdens that the income tax system imposes on businesses and how the FAIRtax turns it all into a gimmie.

The nine most frightening words in the English language apply to a new proposal floating around DC. In this Chairman's Report, Steve Hayes explains why letting the IRS prepare everyone's tax return is a really bad idea.

The idea of taxing government may seem silly to some people, but the fact is that the government is already being taxed under the income/payroll tax system. This week's Chairman's Report breaks down information compiled by Dr. Karen Walby about how that all works and how the FAIRtax will make everything more transparent.

An article in the Wall Street Journal points out that many wealthy people are financing big purchases by borrowing against the value of their capital investments rather than selling them. This has prompted the bureaucrats to propose even more complicated changes to the tax code to deal with this "grave injustice". Just don't expect the DC crowd to play by the same rules they impose on everyone else. In this week's Chairman's Report, Steve Hayes explains once again why the FAIRtax is the best solution.

Congressmen Mike Kelly and John Lewis tried to turn the IRS from an adversary into a resource for taxpayers. Unfortunately, they weren't successful. They made a good faith effort, but like putting lipstick on a pig, you just can't change something by dressing it up. The IRS is still a dysfunctional agency tasked with an impossible mission. The only way to make it better is to get rid of it. And the only way to do that is pass the FAIRtax.

A month ago, the Chairman's Report dealt with the story of how anti-Republican bias at the IRS resulted in a faith based group in Texas being denied tax exempt status. Well, thanks to an outpouring of outrage against this blatantly politically biased action, this story has a happy ending. Check it out in this week's Chairman's Report. We the People still hold the ultimate power.

On June 11, the Chairman's Report detailed how Steve Hayes narrowly avoided having an unjustified tax lien filed against him by the State of California. Dyane Smith wasn't so lucky. Dyane is also a lawyer, but she's been engaged in a 20 year fight with the IRS. Listen to her nearly unbelievable story of just how careless, incompetent and vindictive the IRS can be. What happened to her alone is more than enough reason to get rid of the IRS by passing the FAIRtax.

You've no doubt heard some claim that taxation is theft. That's not entirely correct, but since taxation does force people to give up their money against their will, some of the same moral principles that apply to theft also apply to taxation. This week, Steve Hayes looks at the morality of taxation and how the FAIRtax beats the income tax in the moral arena.

This week, the Chairman's Report pauses to reflect on why we're persisting with our efforts to replace the income tax with the FAIRtax, and to wish everyone a happy 4th of July.

It looks like the spirit of Lois Lerner is still alive and well at the IRS. A religious group in Texas was recently denied tax exempt status because the principles it teaches would lead people to vote Republican. This continued pollicization of the IRS one of the many reasons we need to replace the income tax with the FAIRtax and exterminate the IRS forever.