I would suggest that you read the FairTax website a little more. You are an example of what I have said over and over-- the rank and file FairTax person is woefully uniformed about the misrepresentations made by the FairTax people in the past, and the backpedaling they have done in the past year. The prices will stay the same MYTH has been abandoned.
If you buy a widget today, under current tax law, for 100 bucks, then under the Fair Tax that same widget will cost you 100 bucks.
How in the world do you think that the widget is going to drop in shelf price from $100 to $77, so that when the 30% FairTax is added it will still be $100?
" would suggest that you read the FairTax website a little more."
Show me where I'm wrong. Lets hear it.
"How in the world do you think that the widget is going to drop in shelf price from $100 to $77, so that when the 30% FairTax is added it will still be $100?"
You've made the exact same mistake again. You either don't understand the difference between inclusive and exclusive taxes or you do and you're just playing a game. My bet is that you don't understand the difference. You also don't seem to understand the idea behind the elimination of embedded taxes. Until you understand the difference there is little point in arguing with you. You are making the most common mistake I hear from anti-FT supporters. Educate yourself.