Chairman's Report

It has just recently come to light that over a year ago, the IRS purposely destroyed over 30 million paper filed return documents because they couldn't process them. Clearly, the IRS is not capable of doing the job it's supposed to be doing, and pouring more money into it isn't going to fix the problem. There's only one solution. Abolish the IRS by replacing the income tax with the FAIRtax.

As we pause to celebrate the independence we enjoy as Americans, AFFT president Steve Hayes reminds us again why we're still engaged in another fight for freedom--the effort to free ourselves from the income tax and the IRS.

This week guest writer Jade Walle examines how the FAIRtax would have fit into the system of government described in Ayn Rand's epic 1957 novel "Atlas Shrugged".

There are multiple reasons why we have a supply chain crisis in the United States, but the simple reason is that for the most part, the products we want and the components that go into them are manufactured overseas. Why? Because our insane income/payroll tax system has driven American manufacturing offshore. We'd have a much smaller supply chain problem if more things were manufactured in the United States. And we'd have much more American manufacturing if we would pass the FAIRtax.

Back in 2017, a group of distinguished economists accurately predicted the positive effects that the Tax Cuts and Jobs Act would have. Of course, that didn't stop them from being attacked and ridiculed by many pundits of the day. Building on their work, it's not hard to accurately predict all the good things the FAIRtax will do for the economy. AFFT president Steve Hayes breaks it all down in this week's Chairman's Report.

While direct bribery of a Member of Congress is illegal, there is a convenient back door way for Members of Congress to receive a "reward for services" that is perfectly legal. AFFT President Steve Hayes breaks it all down and once again shows how replacing the income tax with the FAIRtax would make things better for the American people.

What does cancel culture have to do with the FAIRtax? Everything. In a nutshell, cancel culture is the attempt to silence someone who has a different opinion than you. FAIRtax opponents want us canceled. We simply can't let that happen. Listen as guest writer Jade Walle explains why the FAIRtax movement must prevail in the face of the cancel culture.

Do you think that exempting groceries from the state sales tax makes that tax more progressive? Think again. A recent study for the Tax Foundation found that exempting groceries from the sales tax results in higher rates for other goods. The study further found that low-income families would be better off if groceries were taxed, and the tax rate was reduced commensurately on other goods. So far, the Tax Foundation has not endorsed the FAIRtax, but it looks like they're slowly recognizing the economic truth that sales taxes are better than income taxes.

It should come as no surprise that people are frustrated with the income tax and don't really trust it to be fair and honest. Some numbers from a recent Harris Poll on taxation bear that out. Still, the people we elect to act in our best interests continue to prop up the current income tax system. Why? Could it be that they're really looking out for themselves rather than us? We need to take back control of our country and demand the FAIRtax.

The Biden administration recently announced its desire to make billionaires "pay their fair share", by introducing a new "Billionaires Minimum Tax". But, if you read the fine print, you'll find that it actually kicks in on families making a lot less. There's a better way to make everyone, not just billionaires, pay their fair share--the FAIRtax.