Chairman's Report

Like the scorpion who stings the turtle in the famous fable, the IRS continues to do things that chip away at what little support they currently have with the American people. Case is point is how the IRS is now aggressively pursuing people who make money online.

Our nation is over $35 trillion in debt. It's clear that our politicians are addicted to spending more than they take in. In this week's Chairman's Report, guest writer Jade Walle explains how the FAIRtax would help rein in our government's runaway spending.

In addition to the actual taxes collected, the income/payroll tax system imposes an almost unimaginable additional burden on American taxpayers. This week, AFFT president Steve Hayes highlights a Tax Foundation study that shows how bad the current tax system really is.

This week's Chairman's Report is guest written by Bob Paxton. In it, he looks at the recent legislation aimed at getting rid of the state income tax in Mississippi. While that sounds like a good thing, all is not as it seems.

This week's Chairman's Report is guest written by CPA Jade Walle. Jade reviews a rather unconventional book on financial planning and observes that none of the author's recommendations would be needed if the FAIRtax was the law of the land.

This week's Chairman's Report is written by Tony Urbanek. Tony is a Tennessee resident and a member of the AFFT Board of Directors. He proudly reports that Tennessee has passed Resolution HJR 17 urging the President and Congress to pass HR 25, the FAIRtax.

This week's Chairman's Report is written by Jade Walle, a practicing CPA and one time member of the AFFT Board of Directors. He notes that the IRS modernization project is in year 35 of a five-year plan--and it's still five years away. Fortunately, there's a solution to modernizing America's tax system. Pass the FAIRtax.

This week's Chairman's Report is guest written by Dr. David Kendall, a professor of economics and finance at the University of Virginia's College at Wise. In it, Professor Kendall makes a compelling case against the income tax from a moral point of view.

This week's Chairman's Report is guest written by Jade Walle. In it, he explores how senior citizens will fare under the FAIRtax as compared to the current income tax. Spoiler alert--the FAIRtax wins.

American taxpayers know that there are significant costs associated with the income tax above and beyond one's tax liability. In this week's Chairman's Report, AFFT president Steve Hayes shares an article written by Professor Glenn Harlan Reynolds that details just how expensive the income tax system really is.