A nation’s tax that is border adjustable is one that taxes
imports and domestic goods the same way but does not tax the
nation’s exports. This is a subsidy from the nation to make its
exports more competitive. Read More.
Many times we have explained the FAIRtax to someone and received
the reply, “A great idea but it will never happen.” Of course,
throughout history there are … Read More.
Congressman Woodall’s excellent report explains that The Ways And
Means Committee Members are much more interested in how
consumption taxes can work and why they work … Read More.
Dave Barry is a popular author best known for his ability to
expose myths with humor. Barry posed the question, “I understand
that Congress is considering a so-called ‘flat’ tax system. How
would this work? Read More.
There is continuing good news for all FAIRtax supporters. Rob
Woodall, the sponsor for the FAIRtax in the House of
Representatives, and I literally bumped into each other in the
halls of the Longworth House Office Building this week. Read More.
The word “philanthropy” derives from the ancient Greek word
“philanthropia”, meaning “to love people.” Since the founding of
the United States, there have … Read More.
Yesterday was St. Patrick’s Day. St. Patrick was actually born in
Britain and first came to Ireland when he was captured by Irish
pirates and brought to Ireland as a slave. At the time, Ireland
was a land of Druids and believers of … Read More.
Many of us have explained to a politician about how the FAIRtax
will replace the corporate and personal income tax, the payroll
tax, the Medicare tax, the estate tax … Read More.
It is interesting that almost everyone that learns about the
FAIRtax says, “That makes a lot of sense.” The few people who
don’t see the FAIRtax as a huge benefit mostly live in or around
D.C.... Read More.
The income tax code contains both credits and deductions. An
example of a tax credit is the Child Tax Credit that allows a
$1,000 credit for children under age 17 … Read More.