Chairman's Report

This week, Steve Hayes pretty much turns the Chairman's Report over to economist Dr. Karen Walby to explain how the FAIRtax rate will be calculated in the years following its initial implementation.

Many people are clamoring for a $15 per hour minimum wage and believe that the best, or maybe only way to get there is by government mandate. However, doing it that way comes with some pretty nasty consequences. However, there is a way to boost wages without harming the businesses that pay those wages. In this week's Chairman's Report, Steve Hayes explains how passing the FAIRtax is really the best way to increase wages for all workers.

If it costs you your peace, it's too expensive. The Federal income tax costs us a lot more than just our peace. Of course, it costs us a significant chunk of our income, but it also costs us our privacy, and in extreme cases, even our freedom. There's no reason for it to even exist except that it provides The Swamp in DC with a way to enrich themselves and to control us in the process. This week, Steve Hayes provides yet another compelling case for replacing the income tax with the FAIRtax.

This week's Chairman's Report looks at some of the Biden administration's tax proposals and looks at how they may drive people to move their money to a place like Puerto Rico where its citizens enjoy some favorable tax treatment. Of course, as always, Chairman Steve Hayes explains why the FAIRtax is the best tax proposal of all.

There's no doubt that the economic impact of the COVID pandemic has been huge. Governments around the world have spent trillions of dollars fighting it. This week, Steve Hayes looks at how the FAIRtax could bind all citizens together to fight our common COVID enemy and increase the probability of success.

When Rob Woodall retired from Congress, that left us needing a new lead sponsor for the FAIRtax. On Congressman Woodall's recommendation, we approached Congressman Buddy Carter of Georgia, and he gladly stepped into the role. In this Chairman's Report, we meet HR-25's new lead sponsor, Buddy Carter.

Tax evasion. American jobs being shipped overseas. Massive compliance costs imposed on American businesses. Highly regressive payroll taxes that hit hardest on those who can least afford to pay them. These are just a few of the huge problems associated with the income/payroll tax system. Well, there's a vaccine for all that and more. It's the FAIRtax. The FAIRtax gets rid of all these problems by getting rid of the income tax. Vaccinate yourself against the income tax. Contact your Senators and Congressmen and demand that they pass the FAIRtax.

In this week's Chairman's Report, Steve Hayes looks at the power of choice as it relates to taxation. With a consumption tax like the FAIRtax, people have the power to choose how much tax they pay. With the income tax, not so much. So, if you'd like to see the power of choice restored to taxation, join us in demanding the FAIRtax.

California's overall taxation level is among the most oppressive in the country and its citizens are responding. Many are leaving the state while others are turning to the constitutional amendment process for relief. This week, Steve Hayes looks at two measures regarding property taxes and the state's exorbitant gasoline tax. Of course, the real answer to their taxation problems is the FAIRtax.

Most people understand that every dollar they pay in taxes is a dollar they can't use to make purchases or pay bills. However, most people have absolutely no clue how much they really pay in taxes. That's because the government keeps the true cost of the income tax system hidden from us. This week, Steve Hayes blows the cover on some of the government's dirty little secrets and explains how the FAIRtax is the answer to making sure people get a true picture of just how much government is costing them.