I agree and I have seen some good points regarding these aspects on these threads by those opposed to the NRST. I understand and accept that full gross pay and a 23% price decrease is not possible. However, it is not an either or situation. In my opinion, if pay did reach 100% gross, we would still see some price reduction. The result would be a slight increase in purchasing power, but not an exponential (doubling) increase.
This doesn't kill the idea for me. I would still prefer the NRST over any income tax.
If I may be so bold as to slightly modify this to read:
I understand and accept that full gross pay and a 23% price decrease is not immediately possible. I will concur with that.
Perhaps that is what the entire argument is all about as I have no doubt that 18 months after the fairtax becomes the law of the land both of those things will have been realized.