[Toddsterpatriot]

That $100 of goods (under the income tax system) will now be $90 ... and you don’t pay an added tax of $30.

In that case, 30% would be $27.

[baybabe]

No - I said effective rate which would be 11% making the total about $100 - IOW no change in price ... but you’d have more income with which to buy things. That amounts to increased purchasing power.