Expected you would attempt to hijack the discussion to a hyperbole, because that is what you do.
It’s not prepetual motion. It’s a collection point.
Rather than collect at so many levels in the supply and production chains of bringing products and services to the consumer, the FairTax gets rid of all federal government collection except at the retail level.
The FairTax also has the advantage that American goods and services are not taxed when they are transacted overseas, That means there will be an immediate drop in the costs of overseas exports by more than 20% and this will lead to a bolus of economic growth.
True?
Government revenues remain unchanged.
True?
I save money because no taxes are with held from my pay check AND I get a prebate every month.
True?