Thank you. This explains much. I'm going to hold off and see what happens. My old clunker will run for a while. Thanks again.
If you' beg, borrow, or steal (or mebbe buy) a copy of THe FairTax Book it would help understand even more I think - or check the wealth of information on the FairTax website:
http://www.fairtax.org/research.html
or even read a few pages of the bill itself (it's an easy read and is actually shorter that the book, but the book is more entertaining):
http://thomas.loc.gov/cgi-bin/query/z?c109:H.R.25: