Chairman's Report Author: The FAIRtax Guys Weekly update on issues pertaining to the passage of the FAIRtax, HR 25. Exploring a new topic every week. Be a guest on this podcast Language: en Genres: News, Politics Contact email: Get it Feed URL: Get it iTunes ID: Get it Get all podcast data

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Misrepresenting Adam Smith
Friday, 22 August, 2025

Adam Smith is often recognized as the father of modern economics. One passage from his "The Wealth of Nations" is often quoted as proof that Smith favored a progressive income tax. However, that claim doesn't hold up under closer examination. What Smith actually favors is proportional taxation. And that's exactly what the FAIRtax delivers.

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