WHere to begin... the costs in hard taxes passed along is 10-15% according to literature,What literature? Give me a link.
Do you agree with it?
The hard costs are closer to 8% by government statistics.
What literature? Give me a link.
NIPA tells you consumption spending is slightly over $8 Trillion.
IRS statistics tell us Business Taxes are under $200 Billion and 1/2 of SS Tax is about $350 Billion. Nobody disputes this, so I can only find about 6.8% of taxes which are hard costs. I try and try and try to discover where the remaining $1.85 Trillion of savings are so business can keep prices the same, but they refuse. The only thing I haven't accounted for is compliance costs, which will only be a small fraction of that. If they can't come up with the rest of the savings, the only conclusion has to be prices will go up substantially under the Fair Tax (which any honest person already knows).