fairtaxguys

Candidate Byron Donalds in 2012 describing the FAIRtax.

Hats off to our viewers. The FAIRtax Guys read a few of the comments left by our viewers about recent episodes of FTPR. And since this episode first airs on election day, it's appropriate to recognize the many candidates for the US House and Senate who signed the FAIRtax Candidate's Pledge. These are the people who will push the FAIRtax forward when they are sworn into office in January. And at that time, we go to work on the 117th Congress.

Since the Presidential Election was undecided at the time of this recording, the nation does not know who the President will be next year. They also don't know what the tax policy will be. Will it be President Trump who has promised more tax cuts or Mr. Biden who has promised tax increases on corporations and wealthy people? This uncertainty is bad for business and would disappear if we had the FAIRtax as the nation's tax policy.

After reviewing several viewer comments and a much smaller list of proposed tax code changes on Congress.gov, The FAIRtax Guys take a look at Vice President Biden's plans for tax increases, especially his plan to increase corporate taxes. Noting that this subject is handled in Chapter 3 of The FairTax Book by Boortz and Linder, they explain who really pays corporate taxes and how tax increases affect our economy.

Thomas Watercott is running for Congress in North Carolina's seventh district. FAIRtax Guy Bob Scarborough recently caught up with him at his favorite Saturday morning watering hole where he signed the FAIRtax Candidate Pledge. Afterwards, he spoke with Bob about his vision for the country and how the FAIRtax fits into that vision.

Every week, the FAIRtax Guys look at congress.gov to see what kind of changes the Congress Critters are proposing for the tax code. And every year, there are thousands of these changes—many sought by lobbyists on behalf of special interest groups. Some are blatant attempts to use the tax code to push a political agenda. Others are incomprehensible on their face, and others are filed under “What the heck is THAT doing in the tax code??” The best of the best (or is that the worst of the worst?) are inducted into the FAIRtax Power Radio Tax Proposal Hall of Shame. See which ones made this year’s Hall, bearing in mind that the FAIRtax gets rid of all of this craziness by doing away with the entire Internal Revenue Code.

The Prebate is the key to fairness with the FAIRtax and yet some people still do not understand its importance or how it works. After noting the new proposals to change our tax code in the new 117th Congress, The FAIRtax Guys examine in detail how the Prebate works and how it makes the FAIRtax progressive, not regressive.

What would happen if the 16th Amendment is not repealed within seven years after the FAIRtax replaces the income tax? Occasionally FAIRtax volunteers get questions like this and providing the answers offers a teachable moment. The FAIRtax Guys relay the answers from the experts to this and other similar questions. Also, Bob has a new entry for the "Tax Proposal Hall of Shame." Good info in an entertaining package.

FAIRtax Power Radio’s first candidate pledge interview for 2022 is with Jameson Ellis another candidate from Texas District 2. In an interview with FAIRtax volunteer John Gaver, Ellis shares a rather fascinating story about why he decided to get into the race and then expounds on some of his reasons for coming on board with the FAIRtax. FAIRtax Guy Bob Paxton takes it from there starting with a look at how the race is shaping up and ending with a commitment from Ellis that if elected, he won’t be just another FAIRtax cosponsor. He will be an active FAIRtax advocate.

This is a special edition of FAIRtax Power Radio featuring Jade Walle, CPA and AFFT Board Member. In this extended episode, FAIRtax Bob and Jade analyze the Biden tax plan in terms of economic growth and job creation and compare it to the FAIRtax. Bob and Jade get into details that will help all listeners become better informed and better FAIRtax advocates.

In this extended edition of FAIRtax Power Radio, CPA Jade Walle takes a detailed look at the differences between the FAIRtax and the Flat Tax as laid out in HR-1040.

The FAIRtax Guys open 2022 with a look at where three critical indicators of FAIRtax success stand. They take stock of the number of cosponsors in Congress, the number of candidates who have signed the FAIRtax pledge, and the number of vendors on the FAIRtax Marketplace. FAIRtax volunteers across the country should be striving to push all three of these numbers higher.

Milam Langella is the third of the three primary challengers to incumbent Dan Crenshaw in Texas district 2 to sign the FAIRtax candidate pledge. He is also the sixth Congressional candidate that FAIRtax volunteer John Gaver has secured a pledge signature from. In this episode of FAIRtax Power Radio, the FAIRtax Guys reveal an exciting new project that John Gaver is working on that should be of great benefit to FAIRtax volunteers around the country. Then, attention turns to Langella as he speaks first with Gaver, and then with FAIRtax Guy Bob Paxton. In his interview with Gaver, he makes a startling revelation about a growing movement in Texas which Paxton gets him to expound upon. Then he details his own personal reasons for running on the FAIRtax and why he believes that the FAIRtax fits perfectly with his vision for the country.

Who was the businessman who defeated the IRS and got elected to Congress? Yep, score one for the good guys! The FAIRtax Guys use several recent news articles to point out some of the many problems created by the income tax and how these problems will be eliminated by adopting the FAIRtax. Also, after only two weeks of the 117th Congress, how many proposals to change the tax code have they submitted? Join us for the answers.

Last week the FAIRtax Guys found an unbelievable piece of insanity on page 76 of IRS Publication 17. That’s the document intended to give individuals all the information they need to know in order to fill out their 2021 Federal tax returns. So, thinking that there must be more gold buried in those 140 pages, the Guys continued digging and found this little gem—The Taxpayer’s Bill of Rights. On page 125, the IRS lists ten “rights” that taxpayers supposedly have in their dealings with the agency. Join Bob and Bob as they go through the list comparing what’s on paper vs. what dealing with the IRS is really like in the real world. It’s an eye-opening experience and further proof that the only way to fix the tax code is to pull it all out and replace it with the FAIRtax.

After announcing the winners of the "If the IRS made..." contest, The FAIRtax Guys say goodbye to Nick Rudelic, a local FAIRtax volunteer aptly described as being "gung-ho." Nick was an industrious and energetic volunteer and when it came to educating people about the FAIRtax, he was creative and passionate. He was constantly thinking of new ways to promote the FAIRtax. Listen and watch as we see why Nick was an inspiration to all of us.

A brief description of the only Real tax reform plan in Congress.

The FAIRtax Guys have always encouraged listeners to engage them with questions or comments about the FAIRtax. This week, the Guys answer some really good questions from a listener regarding social programs and the economy. If you have questions or comments send them to thefairtaxguys@gmail.com.

The Prebate is the key to fairness in the FAIRtax.

Most of this episode is an interview with Steve Hayes, President of AFFT, on the subject of a VAT (Value Added Tax) as proposed by Senator Ben Cardin and how it compares to the FAIRtax. Steve had a lengthy discussion with Senator Cardin about his proposal which would give us a VAT as well as an income tax. Few in this country have more expertise in tax reform than Steve Hayes so enjoy this very informative episode of FAIRtax Power Radio.

The FAIRtax Guys were privileged to represent the FAIRtax at the recently concluded CPAC conference in Orlando FL. Several other FAIRtax volunteers from as far away as California were in attendance. As they do every year, Bob and Bob made their way around CPAC Central, the vendor/exhibitor area, talking to other attendees, telling them about the FAIRtax and learning about the various causes they represent. In that process, Bob Paxton had the opportunity to speak with “America’s Toughest Sheriff”, Joe Arpaio from Arizona. Bob Scarborough scored an interview with David Thomas Roberts, an author who calls himself “the most audited man in America”. Follow the FAIRtax Guys around CPAC in this episode of FAIRtax Power Radio, and make your plans to join them at the next one.

In a wide ranging discussion, The FAIRtax Guys more proposals submitted by Congress to further complicate our income tax, the future of the FAIRtax movement and an proposal by Senator Ben Cardin to add a "Progressive Consumption Tax" to our income tax. But just what does he mean by "Progressive Consumption Tax?" Watch, Learn & Share.

In responding to a question from one of their viewers, The FAIRtax Guys investigate where the figure of 22% compliance costs came from. Where is the research? Did Boortz and Linder over simplify their claims? Finally, just what do we mean by Relative Purchasing Power and how does it pertain to the FAIRtax? Questions posed and answered in this episode of FAIRtax Power Radio.

For over a century, the government has been collecting sensitive personal and financial data on people in order to collect an income tax. And for over a century, the government has been assuring people that their sensitive data will be held in the strictest confidence. The law says it’s a felony to disclose a taxpayer’s confidential data without permission. Unfortunately, that hasn’t stopped people’s data from being hacked, leaked or otherwise disclosed to people who have no right to have it. This week, the FAIRtax Guys discuss a particularly egregious and disturbing breach of taxpayer confidentiality. Several tax preparation companies have been caught red handed sharing taxpayers’ data with Big Tech.

Congressman John Linder from Georgia was a pioneer in the FAIRtax movement. He was the original sponsor of the FAIRtax bill when it was first introduced into Congress. He also co-wrote the two best selling FAIRtax books with Neal Boortz. John recently sat down with the FAIRtax Guys for a wide ranging conversation covering everything from how the current scramble for House Speaker may affect the FAIRtax to how to re-ignite the public passion that was on display when the FAIRtax was first introduced to the American people