[TexasTransplant]

>>>>"If people are used to paying $5 for a cheeseburger, they'll keep paying, and the compnay gets the extra."<<<<

If that is the case I or someone like me would open a Burger Joint and sell them for $4.75.
If they don't lower their price, they are not competitive, they go out of business.

TT

[Always Right]

If that is the case I or someone like me would open a Burger Joint and sell them for $4.75. If they don't lower their price, they are not competitive, they go out of business.

The problem is most taxes are paid by individuals, not businesses. The fairtax research assumed wages would go down with taxes so the take home pay would be stay the same. The reality is most of the savings will not go to businesses, therefore prices will not come down nearly as much as fairtaxers claim. The cost paid by consumers will be quite a bit higher the fairtax even with competition.