[BubbaTheRocketScientist]

One more note... don't forget where we started this conversation: You want to see some chump change? Try calculating the interest costs when people have to finance their FairTax on large purchases (or even credit card purchases).

Let's see...what's 30% of a new home...at 4-5% interest...30 years.... On a $200,000 house, the $59,700 FairTax ($259,700 total) ends up costing the buyer an additional $49,000 just in interest on the FairTax! So their $59,700 in FairTax ends up costing an extra $109,000, or 54% of the $200,000 purchase price.

I'll be VERY interested in seeing what assumptions are required to make the Fairtax look as bad as you originally stated...

[Always Right]

I'll be VERY interested in seeing what assumptions are required to make the Fairtax look as bad as you originally stated...

Just using the same interest rates under both cases would do it.