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The Chairman's Report - December 16th, 2016

THE NEW MADRID EARTHQUAKE AND THE TRUMP ADMINISTRATION
 
When people think of earthquakes in the U.S., most think of California.  It is the home of five of the ten largest earthquakes in the U.S.  However, the largest earthquake in California was the 7.9 magnitude on the Richter scale in 1857.
 
Beginning on December 16, 1811, some of the largest earthquakes in U.S. history slammed the Mississippi River Valley near New Madrid, Missouri, 8.6 magnitude on the Richter scale.  Labeled the New Madrid earthquakes, they affected a 30,000 square mile area.  Additional quakes continued for several months and five were over 8.0 magnitude.   
 
THE TRUMP EARTHQUAKE
 
On November 8, 2016, with the election of Trump, many people consider this the biggest potential upheaval since Ronald Reagan.  Trump’s words and his cabinet nominees promise that many of the policies of the last twenty years will either be uprooted and tossed out or revised substantially.
 
FAIRTAX OPPORTUNITY
 
One of the opportunities that the Trump election provides is to really have fundamental tax reform.  Trump is not encumbered by the “accepted” principle that you have to only make small changes in the tax law.  He is not beholden to the lobbyists who make a large part of their income because of the income tax code.
 
He has shown a willingness to take on anyone that is acting only “in their own best interest.”  Trump says that he wants all of America to win.  Ironically, passing the FAIRtax will help everyone.  As John Kennedy said, “A rising tide lifts all boats.”
 
CONCLUSION
 
In 1992, I was the luncheon speaker at a meeting of the Tax Committee of the U.S. Chamber of Commerce.  All the attendees were heads of large tax departments for the largest U.S. corporations.  My topic was replacing the present income tax system with a national retail sales tax.
 
There were a number of questions about how it would work but many of them were critical.  Many were familiar with complying with state retail sales taxes and with value added taxes in Europe.  However, it seemed that all of them dismissed my proposal as somewhat whimsical and not practical—with two exceptions.
 
One was the tax director of a major corporation that came up to me after the talk and said that he appreciated my comments and thought my proposal was clearly the best way to go.  However, he said that my proposal would largely eliminate the jobs of the people in the room.  This, unfortunately, colored their opinions.  He laughed and said that he was retiring in two years and it would take that long to pass so he supported me.
 
The other exception was the president of a large corporation who was hosting the event.  He came over to me and said that the tax professionals could only see the walls of the room that they inhabited.  However, as the CEO he had to see everything in the room but also outside the room and that the present system was so complicated and wasteful it was crazy.  He said that the national retail sales tax replacement would be the best for the nation.
 
My point is that, like the tax professionals that can see only the limited area around them, many Members of Congress and the D.C. Elites can only see making changes to the income tax.  Trump and many of his appointees are business people who see the harmful effects of the income tax.  Trump and his appointees very well may adopt the thinking expressed by these words of George Bernard Shaw, “You see things; and you say ‘Why?’ But I dream things that never were; and I say ‘Why not?’”
 
Why not do the right thing?  PASS THE FAIRTAX!

THE ELITES AND TAX REFORM

There is continued clamor for tax reform in the first part of 2017.  There is also a continuing stream of releases from D.C. that promise that now they will “fix” the broken income tax system.  Of course, their idea of a “fix” is to keep the same structure in place so that they can profit from selling exceptions in future years. 
 
Americans For Fair Taxation “(AFFT”) is one of the few worthy activities that does not spend your funds on salaries or even office space.  It is a group composed of people who are donating their time and even paying their own expenses.

AFFT has been working for a long time to educate people about the FAIRtax. Oscar Wilde said, "You can always judge a man by the quality of his enemies."  If you agree with this sentiment, then look at the enemies of the AFFT.  It is not the people.  It is the D.C. elites who profit from the existing income tax/payroll tax system—even though it is obviously harming the U.S.

By contributing (investing) $10.40 per month, you help provide a financial base to AFFT.  If you can make larger contributions (investments) these will be used not for salaries, as we are all volunteers, but for the needed updates to our economic studies which will be vital in 2017.
 
Please go to this link to invest in AFFT and in your and your family’s future.

New FAIRtax Book

AMERICA’S BIG SOLUTION - An Introduction to the FAIRtax

You can help introduce someone to the FAIRtax by informing them of this book.  As the title indicates, it is an introduction to the FAIRtax and is directed toward people who may have heard of the FAIRtax but are not really sure of just what it is.  Written by Florida volunteer Terry Tibbetts, the book offers a light hearted approach to a serious subject, reforming the federal tax system.  America’s Big Solution gives the reader enough information to get them started in their examination of the most thoroughly researched tax reform proposal our country has ever seen.  “ABS”  is intended for people who may not be attracted to social media for all the latest news and would like to gather their information in a more traditional form that is not limited to a 140 character “tweet” or a Facebook post. 
 
You can find America’s Big Solution on the three most popular platforms -- Amazon, Barnes & Noble and the Apple iBook Store.  To purchase  the electronic form for the Amazon Kindle or the print form, go to this website. To find it for your Barnes & Noble Nook, go here. And if you’re an Apple user, go to the iBook store at this site.  The print version (only available at Amazon) is $9.25 whereas the electronic versions are all priced at $2.99. (Apparently electrons are less expensive than paper and ink!) All royalties go to Americans For Fair Taxation.
 
Please share this information with everyone you know. The more people know about the FAIRtax, the easier it will be to steer Congress into the only REAL tax reform proposal on the table at this time.

AFFT National LOGO Store

THE FAIRTAX® LOGO STORE
 
SUPPLYING EDUCATIONAL/PROMOTIONAL ITEMS

New Arrival

2017 America’s Big Solution Pocket Calendars



THE TIME TO GIVEAWAY A FAIRTAX PLANNER IS NOW !!!  WHEN SUPPORTERS START TO USE OUR PLANNER, IT BECOMES THERE GO-TO CALENDAR FOR THE REST OF THE YEAR CONTINUOSLY REMINDING THEM OF THE FAIRTAX.

The 2017 FAIRtax℠ monthly pocket/purse planner has the following information on the cover:

AMERICA’S BIG SOLUTION

FAIRtax – REAL TAX REFORM

GROWS THE ECONOMY/CREATES JOBS

VISIT: BIGSOLUTION.ORG

RESEARCH: FAIRTAX.ORG
 
Record your event dates per month. Also includes space for personal info plus holiday dates, time zones, metric conversion charts and a 5” ruler. Size 3.5’ x 6”. Great for giveaways.  We are offering these new 2017 pocket planners at 10 units per dollar. We only have 2,000 units in inventory, so get your supplies soonest. Order as many packs as you need.  
 
WE CONTINUE TO OFFER OUTSTANDING STORE BOGO’S
 
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COMING SOON **** FAIRtax℠ Vehicle SUNSHADES **** Don’t miss this one!!!!

When visiting the Store, don’t forget to order a supply of FAIRtax℠ Palm Cards AND the new FAIRtax Informational Business Card. Besides handing out palm cards and info Business Cards at meetings and events, whenever you send mail through the post office, including a few FAIRtax℠ informational Palm Cards and Business Cards in your envelope. And don’t forget some FAIRtax stickers for the outside of your postal envelopes – all are available at the your FAIRtax Store.

Please take a moment and visit our store by clicking here.



FAIRtax Power Radio
 
The FAIRtax Guys will hold their first Facebook Live event on Tuesday December 20th at 8 PM ET. If you are a Facebook user, all you need to do is go to their Facebook page at the designated time on the 20th and you’ll see “The men behind the mustaches.”  This first Live event will be relatively short - about 15 minutes.  We’ll hear from “Bob Paxworthy” as he presents “You Might Be A FairTax Fan!”  We will make the case for the FAIRtax and why Paul Ryan’s tax plan can be named “The Washington Lobbyists Job Protection Act of 2017.” In January, we will have another Live event of longer duration. We will also set up a system in which you can send comments and questions and we will do our best to respond during the event. So mark you calendar: 8 PM (ET) next Tuesday, 12/20.  Please Like and Share the meme on The FAIRtax Guys Facebook page pertaining to the Live event next week.

Just in time for Christmas, FAIRtax Power Radio has a gift for all our listeners that use smartphones. FAIRtax Power Radio has its own free app for the iPhone and the Android.  Just go to your respective app store, search for “fairtax power radio” and you’ll see the app. After you download it, open it and you’ll be presented with all the episodes of FTPR.  Just tap the episode you want to listen to and enjoy.  It is the simplest way to keep up with our weekly episodes.  And it is completely free to the listener.  

Please tell all your friends and family about our new app.  FTPR is one of the best ways to keep abreast of the developments in our efforts to make the FAIRtax the law of the land. It’s way past time that we eliminate the income tax and relegate it to the scrap heap of history. It was a bad idea 103 years ago, it’s a bad idea now and we deserve better.

If you believe, as we do, that the FAIRtax is the only REAL tax reform in Congress, then you can help us spread the word to millions of our fellow citizens by asking them to download the free app and listen to our weekly podcasts.  It’s time to become part of the solution!

Links for Further Information

Please, if you'd like to keep studying and promoting the FAIRtax, make yourself familiar with the links below. We always do our best to keep our AFFT community up to date, and you can stay ahead of the curve using these convenient sites.

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Thank you for staying FAIRtax strong!