[jonestown]

The 23% rate thrown around is (intentionally) misleading.

The 23% rate in sales tax terms is actually 29.87%...An item sub-totalling $100.00 before the federal tax would cost $129.87 (gross payment)
$29.87 is 23% of $129.87 (gross payment)

It isn't a simple sales tax like you might have in your state.
811 lewislynn

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Once it is established [by a simple sales reciept] that the Fair Tax is actually 29.87%, -- It is a simple sales tax like you might have in your state.

[lewislynn]

Once it is established [by a simple sales reciept] that the Fair Tax is actually 29.87%

29.87% of what?