Chairman's Report

Chairman's Report

Weekly update on issues pertaining to the passage of the FAIRtax, HR 25. Exploring a new topic every week.

Episodes

More Lipstick on a Pig

April 17, 2026 • 10 mins
Two Democrat Senators, Chris Van Hollen and Cory Booker, have introduced new tax plans to cut taxes for lower and middle income taxpayers, and raise them on high income taxpayers and corporations. Sounds good on the surface, but there are serious problems with both plans. Steve Hayes offers his analysis in this week's Chairman's Report.
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How a Tariff Fight Created the Income Tax

April 10, 2026 • 9 mins
President Trump has said repeatedly that he wants to replace the federal income tax with tariffs. But did you know that reducing high tariffs was one of the driving forces behind implementing the income tax? It's a fascinating story. Hear it all in this week's Chairman's Report.
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Missouri Looks at Replacing Its State Income Tax

April 3, 2026 • 7 mins
The Missouri House has passed a proposed constitutional amendment aimed at eventually eliminating the state's income tax by expanding its sales tax. They rightfully see the income tax as a disincentive for people and businesses to move to Missouri. Check it all out in this week's Chairman's Report.
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Life Without the Federal Income Tax

March 27, 2026 • 11 mins
Washington insiders are adamant in their position that it's simply not possible to replace the federal income tax system. However, this week's Chairman's Report draws attention to the many benefits of replacing our antiquated income tax system with the FAIRtax.
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The US Lost $2.2 Trillion to Tax Breaks

March 20, 2026 • 6 mins
People like getting a break on their taxes, but the Treasury loses over $2 trillion a year buying people's loyalty with tax breaks. The politicians know that people who get a break on their taxes are less likely to join the chorus calling for the income tax system to be eliminated. Get the full scoop in this week's Chairman's Report.
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Social Media Influencers and What is a Business Deduction?

March 13, 2026 • 10 mins
Social media influencers have to pay taxes on their income the same as any other small business owner. But figuring out what expenses rise to the level of being legitimate business expenses isn't so clear. Steve Hayes explains in this week's Chairman's Report.
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What Happens to Various Groups when the FAIRtax Passes?

March 6, 2026 • 12 mins
The FAIRtax would be a godsend for the individual taxpayer. No more withholding, no more payroll taxes, no more tax returns, no more IRS and a tax refund every month. But for those making their living off the income tax system, the FAIRtax would require some lifestyle adjustments. Check it all out in this week's Chairman's Report.
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The Income Tax - A Rigged System

February 27, 2026 • 9 mins
Recent reports have confirmed what many Americans already suspected--that the income tax system is rigged in favor of the wealthiest Americans. Check out the details in this week's AFFT Chairman's Report.
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The Council of Economic Advisors Supports Consumption Taxes

February 20, 2026 • 9 mins
The Council of Economic Advisors is one of the most prestigious appointments a practicing economist can achieve. Several Nobel Prize winners have chaired the council. Recently, the CEA released a study on the effects of eliminating state income taxes. Not surprisingly, they found that replacing income taxes with consumption taxes would have a myriad of positive effects. Check out the details in this week's Chairman's Report.
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Internal, External and Effective Tax Rates Understanding the Difference

February 13, 2026 • 16 mins
The same tax can actually have several different rates depending on the calculation method used. Knowing which rate you're dealing with is essential to making accurate comparisons between the income tax and the FAIRtax. Steve Hayes breaks it all down in this week's Chairman's Report.
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How Federal Taxes Inflate the Price of Everything You Buy

February 6, 2026 • 12 mins
If you think that the tax you see added to your subtotal on any retail receipt is the total amount of tax you're paying on that purchase, you're dead wrong. This week, AFFT president Steve Hayes explains how federal taxes that you don't see on your receipt make everything you buy significantly more expensive.
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The VAT - How it Works and How Fraudsters Drain the System

January 31, 2026 • 10 mins
Over 170 countries around the world have adopted the value added tax (VAT) as their primary revenue source. With President Trump looking to abolish the income tax, many in Congress are looking at a VAT as its replacement. While it may sound good in theory, there are some serious problems with a VAT. AFFT president Steve Hayes lays it all out in this week's Chairman's Report.
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The $2Trillion Mirage

January 23, 2026 • 12 mins
Some in Washington are looking at a Financial Transaction Tax (FTT) as a quick and easy way to generate a lot of revenue for the government. Unfortunately, there is a critical error in their thinking. AFFT president Steve Hayes breaks it all down in this week's Chairman's Report.
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How a Consumption Tax Differs from an Income Tax

January 16, 2026 • 7 mins
With President Trump on record as wanting to abolish the income tax, alternative methods of raising revenue are receiving unprecedented attention. This week, AFFT president Steve Hayes looks at an article published in USA Today detailing the difference between a consumption tax and an income tax.
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Save Social Security and Reduce the National Debt

January 9, 2026 • 8 mins
It's been a well established fact for a long time that Social Security is going broke. In just a few years, there won't be enough money to pay Social Security recipients their full benefits. Politicians have been putting off fixing the problem for decades because they didn't want to make the hard choices. Well now, there's an easy and painless solution. Pass the FAIRtax.
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President Trump, Replace the Income Tax with the FAIRtax

December 19, 2025 • 12 mins
This week's Chairman's Report is guest written by former Congressman John Linder who was the primary sponsor of the FAIRtax from its introduction until he retired. In it, he makes a compelling case why President Trump should add passing the FAIRtax to his long list of accomplishments.
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An (Artificially) Intelligent Choice

December 12, 2025 • 9 mins
This week's Chairman's Report is guest written by FAIRtax Guy Bob Paxton, co-host of FAIRtax Power Radio. It reveals the not so surprising results when artificial intelligence applications were asked to choose between the income tax and the FAIRtax.
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What Happens When the US is the World's Tax Haven?

December 5, 2025 • 8 mins
Trillions of US dollars are hiding offshore in foreign tax havens costing the Treasury billions in tax revenue. This week's Chairman's Report looks at what will happen when the FAIRtax turns the United States into the world's premier tax haven.
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Happy Thanksgiving

November 27, 2025 • 1 min
Americans For Fair Taxation wishes everyone a very Happy Thanksgiving.
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Keeping Your Whole Paycheck

November 21, 2025 • 9 mins
There are a large number of positive features in the FAIRtax. It's amazingly simple, it gets rid of the IRS, it abolishes tax returns forever and it gives people a tax refund every month. However, of all the great things the FAIRtax does, 59% of people in a June 2025 poll said the best thing about the FAIRtax is that it lets people keep their entire paychecks without any federal withholding. This week, guest author Jade Walle tries...
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