No, Rob, it is quite possible ... but you don't choose to believe it (and spare me the stuff about "being the first to lead the parade ..." business if someone would just show you). You've tried that before.
Some savings come from reduced compliance costs, some from elimination of embedded tax costs, some from an increased tax base, some from greatly increased economic activity, some from the prebate ... and, oh yes, some caused b capital flows being repatriated back into the US from the offshore locations to which they have fled. Some are even from other sources such incread tax paid by the illegal income sector, cash betting, the sex industry, etc. But of course none of that counts, right??? It's all lies, right???
And, let's see ... your plan is ...???
And it certainly does not plan to generate revenue from cash betting or illegal activities except for when those people buy their stuff honestly on the open market like they do now. Those transactions are in the revenue neutral tax base.
And the embedded tax costs go to the people paying them now, remember the 100% paycheck promise? So, no savings there.
And the prebates are a cost item on the revenue calculation, not a savings. Without prebates, the NRST rate would be lower, but you wouldn't be able to take all the poor off the tax rolls (at least now they contribute to FICA) without the prebates.
My plan is to continue to cut taxes on the present system and to eliminate death, AMT, and corporate taxes. Job #1 is to reform SocSec so that it doesn't become a drain on our future. THAT is the #1 danger signal ahead in my opinion. Radical overhaul of the entire tax code while we're in the middle of a World War that threatens our existence seems a crazy time to make a prayer on a fantasy plan which is what the FairTax plan is.
I think you understand that every wage earner in America cannot be given outright a 15-25% increase in purchasing power without it coming from somewhere. I just think you have way too much of your ego wrapped up in this plan that if you knew for a certainty that prices would go up or salaries would go down by 20% or so, you would still support the plan. You can't seem to come up with any way to answer the repeated question of where is this huge pay raise for every wage earner going to come from? You just wave that away as though it is too stupid for you to answer. Because you are enthralled with a movement.