[John SBM]

I keep seeing this argument. Get the fscts. when you spend your "already taxed" dollars today you are paying the imbedded taxes. Under the fair tax, prices of most things will be about the same, the Fair Tax replaces the imbedded tax.

[eskimo]

Get the fscts. when you spend your "already taxed" dollars today you are paying the imbedded taxes. Under the fair tax, prices of most things will be about the same, the Fair Tax replaces the imbedded tax.

All the facts you seem to refer to appear to be guesses and estimates.

Your "imbedded taxes" would depend on the producer's product, sales volume, margins, overall profitability, capital reinvestment plans, labor force required, etc., etc. Could be only 10 to 12 percent.

Your guess as to how producers will price their product is simply that, a guess.

You are right though about the tax replacing those costs. Replacing an additional 10% of cost of goods with an additional 30% is going to mean everyone using the product pays more.

[GSlob]

The "fair tax" is supposed to replace [for the government] what you call the "embedded" taxes plus its current income tax take. Hence the double taxation argument: when spending already taxed money I will be paying both the embedded taxes AND the equivalent of paying the income tax second time. Or do you think that the government would radically reduce its tax take? - then I have a nice Grand Canyon to sell you.