[Chilldoubt]

that's what i thought - and that much seems obvious... the other poster indicated that there is something insidious about the difference... see above a few posts to read what he said...

can you elaborate on his pov?

[Your Nightmare]

can you elaborate on his pov?

Because a company producing widgets gets the materials they use to produce those widgets for 22% less does not mean the final retail price would go down 22% - there are the company's production costs, wholesale, distribution, and retail costs among other things. But we are led to believe by the supporters of the FairTax that consumer prices would drop 22%.

Producer prices also don't include services and, since the 22% producer price reduction is for US companies, imported items would not see a reduction in price due to producer prices. Services and imported goods are a larger portion of our consumption than domestic goods. So, even if consumer prices for US products went down 22%, the price of our total consumption would not go down nearly that much. But, again, this is what we are led to believe.

[ancient_geezer]

can you elaborate on his pov?

I prefer to let Willies posts speak concerning his pov:

His preferred tax system:

• http://www.freerepublic.com/forum/a38d4f00c0439.htm
• http://www.freerepublic.com/forum/a38d4f00c0439.htm#158
• http://www.freerepublic.com/focus/news/641177/posts#10

Reason for opposition to the NRST

• http://www.freerepublic.com/forum/a38d4f00c0439.htm#131
• http://www.freerepublic.com/focus/fr/640221/posts?page=70#69