I'm not sure who is exploding what, but this is sophistry of the first order.
The only questions I can't answer is who is behind it and why.
"Their complete paycheck" is fraudulenty defined, because in the real world, the employee never has seen and will never see the withholding, other than taxes, that is part of his "total" pay.
All I care about is my "gross" pay. Will that remain unchanged? If the answer is "yes", I'm happy.
As soon as someone argues that everybody should get what is effectively a raise my BS and demagogue meter pegs.
The answer no. The analysis which says price will fall 20% assumed your gross pay would be reduced, but your net pay would stay the same.
"Their complete paycheck" is fraudulenty defined, because in the real world, the employee never has seen and will never see the withholding, other than taxes, that is part of his "total" pay.If you look at the FairTax website, they frequently say things like "You get to keep your whole paycheck and prices will stay the same." Which, when you look at it is true. Under the FairTax, you would keep your whole paycheck - there would be no withholding. The problem is that your whole paycheck would be the same as you are taking home today, i.e., your gross wages would have been reduced.