[RobFromGa]

Just observing that the shattering jolt that would be felt worldwide in all securities markets due to instant US inflation of even 15% would be stunning.

So, IF you believed that the FairTax would cause 15% inflation in wages and prices, then you would be against the FairTax plan? Or would you still support it despite the "shattering jolt that would be felt worldwide" and the "stunning" effect on all security markets.

groanup, If you believed that this 15% inflation would happen, would you still support the FairTax anyway?

[groanup]

You can bait all you want. You can dodge, weave, spin and duck. You are the one who claimed the instant inflation. You are the one who should be asking your self why the entire universe of erudite economists has ignored this disastrous possibility.

Want to play word games? IF the income tax was PROVEN to be a burden on economic growth and that such growth would have been far greater in the 20th century without it, would you still support the income tax?