[RobFromGa]

Without knowing that, it isn't possible to determine what the BMW cost him, but merely what its cash register receipt price was.

And we also know the size of the loan he had to get from the bank to pay for the car and 100% of the FairTax. Probably about $65,000. At least $59,000 and change.

Your effective rate calculations are blather without having an accurate FairTax rate determination, and the 23% in the bill isn't accurate. Not even close.

[pigdog]

Aside from the spurious numbers, the 23% rate was been shown many times to be revenue neutral ... and in fact if passed today the rate might very well drop to 19% (ti, of course). But presenly, "accurate" is 23% as it says in the bill.

If your price numbers WERE correct and the taxpayer had to borrow $59,000 (???), he'd be paying a lower interest rate due to the FairTax and it would help lower his effective FairTax rate as well.