I really doubt that prices will be anywhere near stable. suppliers will still charge as much as they can, and the sudden ‘decrease’ in their costs will not be entirely passed on, plus the government will get at least as much as they’re getting now. that means the item costs more.
I’m gonna retire with a very fat pension and will not be affected much if things I buy go up in price. if you want to shoot yourself in the economic foot, then go right ahead.
without a guarantee that the income tax will be eliminated (ANd I seriously doubt it ever will - constitutional ammendment and all) this proposal will give big government another pocket to pick. we’ll end up paying more.
kinda like chickens putting their necks willingly onthe block hoping the farmer will reward their act of consideration.
If you really believe this than you are no conservative, or at least have no faith in the free market. Or at least you'd have to stipulate why there is suddenly no competition. If you could argue that, then I may agree with you, but I'd have to switch parties.
As I said before, if they don't put the fair tax and elimination of the income tax in the same bill, we would see an uprising like that of the amnesty bill. (Really, probably worse.) Although we are shooting ourselves in the foot, economically speaking, with a whole host of other things currently, this isn't one of them.
The “neurtral” claim of the Fair Tax Scam is founded on the notion that the US citizenry is taxed at the right amount. We are taxed to much, NOT just incorrectly.
The Fair Tax Scam is just a newer more invasive way to put washington DC further into our personal lives. (do you have your reciepts to prove you bought used? Why buy in the USA, just order from outside the USA.)
This is titanic deck chair rearranging instead of real LOWER TAXES reform.