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To: fish hawk

I read the book, got it yesterday, finished it this morning.
It does not answer the questions for me, it is a good beginning book for someone who has never heard of the plan though.

The big issue that the Fair Tax people need to prove to get this program to be embraced by almost everyone is to prove that the retail price paid for goods will not go up by more than say 5-10% when the tax is included. If they can get people to buy off on that claim, we have a winner.

I am skeptical but I am researching this topic as are many people. One problem is economic forecasting is very difficult.


259 posted on 08/04/2005 9:48:46 AM PDT by RobFromGa (This tagline is on August recess...)
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To: RobFromGa
Keep me posted on any good information you can find. I am really dumb about finances and the likes. To me this whole thing is like a "wish". If it truly is good for all of us I don't see our politicians passing it. Call me pessimistic.LOL
264 posted on 08/04/2005 10:05:22 AM PDT by fish hawk (hollow points were made to hold pig lard)
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To: RobFromGa
Rob,

I can understand you being concerned about the prices coming down. Even if you don't believe they will come down at all, remember this. When people don't have anything withheld from their check they will have the money to pay the tax. We're not saying nobody is going to be paying taxes. That would be stupid. Some people will pay more, some less. It all depends on how much you spend. I plan to pay less because I am going to save more. At least I have the opportunity to do that before taxes under the Fair Tax.

420 posted on 08/04/2005 2:13:34 PM PDT by rwrcpa1 (April 15. Let's make it just another day.)
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