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At the risk of getting beat about the head and shoulders (this is a particularly angry thread), a serious concern we should have is this idea that the offset of the “embedded tax” will level prices. The only offset available to the selling companies would be a reduction in their income tax, not the individual’s tax. If you look at the typical corporate tax bill it is quite low (relatively speaking), insofar as most companies spend nearly all profit one way or the other (in a deductible manner). Thus, in this respect I agree with AlwaysRight that the offset cannot possibly be equal to the new prices which must now include the equivalent of individual’s current income tax. And, not to beat a dead horse, but if it takes $ X to run this country, do you think you will pay less when it is in the form of a sales tax? Think about it. We've all heard the rant about more accountability once the citizens see the direct cost, but the Boortz turns around and says it is invisible. Hmmm.

Corporate income taxes are not the only corporate taxes that would be eliminated.

And also, with 50% of the wage earning population not paying a dime in federal income taxes currently, and a sizable portion of them getting a check, with the NRST they would no longer be such a drain and freeloading. They would at least start to contribute to the cost of running the government.