[FBD]

>"Your company is still paying that extra $20,000..."


-This point is only partially valid.

Money magazine ignores the 7.5% paid by the company into FICA, plus corporate income taxes, both of which no longer would be expenses passed on to the consumer, Each business pays those same embedded taxes passed on to them by their suppliers and subcontractors.
Utimately the consumer pays these taxes anyway, plus the corporate tax lawyers and accountants, and etc.

[Always Right]

Money magazine ignores the 7.5% paid by the company into FICA, plus corporate income taxes, both of which no longer would be expenses passed on to the consumer

Money did not ignore anything, they just pointed to the most glaring error in the fairtax spin. Certainly there will be some savings for some cost reduction, but it will be on the order of 7-10%, not 22%. Once the 30% sales tax is added, costs will rise 17-20% under the fairtax.