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

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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Would William of Occam Prefer the FAIRtax or the Income Tax?

November 14, 2025 • 8 mins
William of Occam was a 14th century philosopher and theologian. His famous "Occam's Razor" principle states that simple solutions are likely to be better than complex ones. In this week's Chairman's Report, guest author Jade Walle applies this principle to the collection of federal taxes and comes to a simple yet powerful conclusion.
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Senator Cotton's OPT Fair Tax Act

November 7, 2025 • 7 mins
There's a nasty little provision in the Internal Revenue Code that incentivizes employers to hire foreign students over American citizens. Senator Cotton of Arkansas has introduced a bill to fix this particular problem, but there are thousands more lurking deep in the Internal Revenue Code. The only real fix? Pass the FAIRtax.
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More Lipstick on a Pig

October 31, 2025 • 7 mins
Senator Tom Cotton of Arkansas has introduced a bill designed to ensure that taxpayers aren't subjected to unjust or overly harsh penalties. That's a positive step, but it's really just more lipstick on a really ugly pig. There's only one way to guarantee that American taxpayers won't be abused by the IRS, and that's to get rid of the IRS by replacing the income tax with the FAIRtax.
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The FAIRtax Will Not Make Prices Rise

October 24, 2025 • 9 mins
There's a nasty mischaracterization of the FAIRtax going around that claims it will result in massive price hikes that people can't afford. This week, guest writer Jade Walle looks at what will actually happen to prices when the FAIRtax takes effect.
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No Tax on Tips - Simple Until Congress Got Involved

October 17, 2025 • 9 mins
No tax on tips is a simple promise President Trump made repeatedly on the campaign trail. Unfortunately, after Congress got through with it, it was anything but simple.
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The FAIRtax and America's Youth

October 10, 2025 • 11 mins
CPA Jade Walle guest writes this week's Chairman's Report. In it, he looks back at Charlie Kirk's tremendous impact on young people and discovers why America's youth are ripe to embrace the FAIRtax.
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The IRS Is the Least Liked Federal Agency

October 3, 2025 • 9 mins
A recent Pew Research poll reveals something most Americans already know--of all the federal agencies, the IRS is the one that the American people like the least.
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The Cost of the Federal Income Tax System

September 26, 2025 • 7 mins
In this week's Chairman's Report, AFFT president Steve Hayes looks at some staggering figures uncovered by the Tax Foundation regarding how much the federal income tax system really costs the American people in both time and money.
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No, Economics Is Not Too Complicated for Us

September 19, 2025 • 6 mins
The DC Elites will tell us that we're better off leaving economic decisions to them because we ordinary people lack the intellectual horsepower to understand basic economics. This week's Chairman's Report shows just how wrong they are.
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The FAIRtax Experiment, Have No Fear

September 12, 2025 • 9 mins
Sometimes even people who think that the FAIRtax is a great idea are somewhat discomforted by the fact that the FAIRtax has no proven track record of being successful. What people may not know, is that two of the biggest economies in the world thrive on a taxation system similar to the FAIRtax.
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