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A good deal of what makes prices so high in this country are all those embedded taxes. And the corporate income tax gets paid by consumers. If we could eliminate all those taxes and pay ONE TAX ONE TIME, we'd pay a lot less than we do now. And our paychecks would go a lot further.

Let's see your analysis of how prices are going to be a lot less than what they are now. I showed mine in the opening post and I say prices are going up 20%+ or thereabouts if people keep their full paychecks and businesses keep the employer half of FiCA.

Where are your calculations showing the price decline? Wishful thinking does not substitute for the truth.

It stands to reason that when a plethora of taxes are eliminated, this should reduce the cost to businesses. Instead of having to factor taxes into the prices, they can set the price they think it would be in the absence of all those taxes before the FairTax comes into play. And don't forget market competition and where consumers spend their dollars. What I'm talking about isn't wishful thinking but rather patterns of human behavior and economic rules that have driven life for thousands of years. We really don't know if taxes will rise under a FairTax system. No, I don't think it will be a low-tax utopia but it will be a lot better than what we have in place today.

(Denny Crane: "Every one should carry a gun strapped to their waist. We need more - not less guns.")