[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.

[Toddsterpatriot]

No - I said effective rate which would be 11% making the total about $100 - IOW no change in price

And you said it, so it must be true. LOL!

IOW no change in price ... but you’d have more income with which to buy things. That amounts to increased purchasing power.

Prices stay the same, no income tax and a prebate? Sign me up. LOL!