Total complete BS so deep that this response is an act of charity.
On average, a dollar has the same purchasing power pre and post FairTax.
As far as your references to Kotlikoff, you and I know you have been discredited with your interpretations of those references numerous times on FR. Your only purpose to again quote deceptively is to attempt to dupe someone new to learning about the FairTax that hasn’t seen your previous folly.
For newcomers, here’s a link to the actual Kotlikoff study group where you can digest and form your own perspective:
http://www.fairtaxblog.com/20061002/kotlikoff-study-23-fairtax-revenue-neutral/
On average, a dollar has the same purchasing power pre and post FairTax.The post-FairTax value of a pre-FairTax dollar depends what the Fed does. Kotlikoff say it "seems likely" that "the Federal Reserve fully accommodates the introduction of the FairTax and permits consumer prices to rise by roughly 30%." If consumer prices rise by 30%, then a pre-FairTax dollar would be worth $0.77 post-FairTax.
As far as your references to Kotlikoff, you and I know you have been discredited with your interpretations of those references numerous times on FR.This is where I ask for links to the "numerous times on FR" where I "have been discredited with [my] interpretations of those references" and you refuse to produce them. It's an old and tired FairTaxer game.
For newcomers, here’s a link to the actual Kotlikoff study group where you can digest and form your own perspective: http://www.fairtaxblog.com/20061002/kotlikoff-study-23-fairtax-revenue-neutral/For newcomers, this is a link to a blog, not "the actual Kotlikoff study group." This blog entry simply discusses and links to the exact paper I referenced.