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To: lewislynn
Since he's banking on everyone else lowering their prices 23% he'll only need $50 minus 23% = $38.50 to do the same job plus he gets the government check so his spending power is (somehow?) increased too.

But then the 23% gets added back in sales tax when he takes his money to the grocery store or calls a plumber. Perhaps he's willing to live at poverty level the prebate subsidizes in exchange for "freedom".

484 posted on 08/19/2007 11:25:11 AM PDT by lucysmom
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To: lucysmom
But then the 23% gets added back in sales tax when he takes his money to the grocery store or calls a plumber.
(actually 30%)

I know it and you know it but in their minds everyone has already lowered their prices at least 23% (some say more). So because of the government checks he doesn't need anymore than his 23% reduced income. With the magic of increased purchasing power he may need even less and could reduce his income even more...Isn't that what life is all about in the magical world of the Fairtax?

489 posted on 08/19/2007 12:33:26 PM PDT by lewislynn (What does the global warming movement and the Fairtax movement have in common? Disinformation)
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