[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.

[TexasTransplant]

>>>"The cost paid by consumers will be quite a bit higher the fairtax even with competition."<<<<

No it won't.

And I just gave as much proof to support my argument as you did.

TT

[JAKraig]

You said:
"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."
___________________________________________________________

What is it that makes you say these things? First our pay checks will go up the same amount as the taxes we are now paying.
Second, even if the prices do not change we will be better off. We can decide what taxes to pay by choosing what we buy. We will not need a Roth IRA because we will be able to save our "pre-tax" income. We will not pay tax on the inflation before we get the money but only on how we spend it.

I own my own business, I pay plenty of taxes. When other business pay less in taxes than they now pay they will start offering a better price to increase their profits by selling more and having a larger share of the market. This is Capitalism, it just happens, it doesn't matter what you think about business, this just works. Even if we end up paying just as much tax as before we will still be better off because will not have to file these stupid tax forms. We will not have to pay a government bureaucrat to come and threaten me at the point of a gun to pay something which I don't think I owe.

This system would dramatically reduce the overhead associated with tax collection. It would take a lot of the reason for illegal immigration away. It does a lot of good. It would make everyone a tax payer. Everyone would start being more aware of how much tax they pay and they would feel like they are helping to pay for things and might make more informed decisions at the poles. Who knows it might make taxes come down.

[pigdog]

"The fairtax research assumed wages would go down with taxes so the take home pay would be stay the same. "

Untrue ... and you know it. No such thing was ever assumed (or shown). That's just more of your horse-puckey!!!