[Your Nightmare]

You are talking about $135 billion (and that includes individuals) in an $11 trillion economy. I really doubt that is significant enough to have much -- if any -- effect on prices.


(This also assumes the compliance costs of the FairTax would be 0%.)

[rolling_stone]

I guess you skimmed the article or just missed it..like I said this is a very conservative estimate(studies were paid by IRS) and does not include tax planning...

"Adding an IRS budget of about $10 billion produces the overall collection cost estimate of $135 billion. This is 14.5% of individual and corporation income tax receipts in fiscal year 2004, and about 1.2% of 2004 GDP."