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To: ancient_geezer
The reduction in prices comes from lower business taxes from repeal of business taxes, and lower tax related overhead costs that are associated with minimizing & avoiding, accounting and reporting, research, litigation and legal costs, costs all associated with the federal income/payroll tax system that businesses are now burdened with.

Pure BS. Give me some numbers. Business taxes are under $200 Billion. One-Half of FICA/Medicare is another $350 Billion. The other crap is just exaggerated fluff. If you are lucky, the fair tax might save $100 Billion and that is being generous. That only brings us to about $650 Billion in savings for Businesses. That will result in an 8.1% reduction in the costs of goods, which comes no where close to the 30% tax you are adding on. Certainly income will go up for those making money, but those on fixed incomes are absolutely SCREWED.

514 posted on 05/18/2005 11:14:17 AM PDT by Always Right
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To: Always Right
The other crap is just exaggerated fluff.

Says who? You???? lmao

If you are lucky, the fair tax might save $100 Billion and that is being generous

So you don't really know what might be saved, do you?

517 posted on 05/18/2005 11:26:27 AM PDT by Principled
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