FAIRtax Power Radio The FAIRtax Guys

Any economist will tell you that investing is the lifeblood of a healthy economy.  Businesses raise capital by selling stock.  Investors risk their money to buy that stock expecting that the company will be profitable, that the value of the stock will rise and it can be sold at a profit.  Anything that makes investing less profitable makes it harder for businesses to raise the money they need and hurts the overall economy.

In this edition of FAIRtax Power Radio, the FAIRtax guys look at a Newsmax article that outlines the Biden administration’s desire to slap a 44.6% tax on capital gains.  Contrast that to a capital gains rate of zero under the FAIRtax and it’s easy to see which plan would be better for the economy.

Navigating the federal income tax system is a nightmare.  When it comes to doing their taxes, a great majority of Americans have to hire professional help—either in person or by using professionally prepared tax preparation software.

This week, the FAIRtax Guys take a look at ten of the worst nightmares that American taxpayers face when dealing with the Internal Revenue Service.  It should be noted that all ten of these vexing, frustrating and downright maddening problems all go away with the FAIRtax.

Charles Littlejohn is a criminal.  He committed a federal felony when he stole and leaked the confidential tax returns of several wealthy Americans including Donald Trump.  Not surprisingly, there are a number of Washington elites who hail Littlejohn as a hero and think that he should be pardoned.

This week, the FAIRtax Guys welcome AFFT president Steve Hayes back to the program to discuss this case and also to take a revealing look at just how radically different America’s elite 1% thinks compared to the rest of us.

When you look at all that ways that governments have devised to fund themselves, the Federal income tax system is the most ill-designed, most fraud prone, most error prone, most inefficient, most unfair, most invasive and most easily evaded system of them all.

This week, the FAIRtax Guys take a look at 940,000 more reasons why the income tax should be abolished and replaced with the FAIRtax.

The FAIRtax does a lot of good things for individuals.  It lets them bring home their whole paycheck, eliminates filing tax returns and provides them with a tax refund every month.

The FAIRtax does a lot of good things for business as well.  Join the FAIRtax Guys as they go thru a list of reasons why business owners—especially small business owners—should be FAIRtax fans.

Millions of people are FAIRtax fans and don’t know it.  After all, who wouldn’t want a bigger paycheck, a tax refund every month and freedom from ever having to fill out a tax return ever again.

After taking a week off to talk to John Gaver about his new book, the FAIRtax Guys resume going over their list of all the things that people will like about the FAIRtax.