Im no economist, so Ill have to take the word of the numerous economists who studied and developed the FairTax that it is revenue neutral.Where would I find those words you've seen that says it's both revenue neutral and purchasing power doesn't change?
You can follow logic and do simple math can't you? If I have to earn $113.84 (gross) to purchase a $100 product that is laden with 22% tax the government would have collected $35.84.
After the fairtax (according to you) my gross would be $100 and the price for the same product would be $78 plus 30% Fairtax of $23.40 = $101.40
My gross would only be $100 and the tax collected only $23.40...or 34+% less.
Maybe you could explain how that is revenue neutral.
Maybe you could explain how that is revenue neutral.That's been thoroughly and professionally covered in detail by very respected economists and I'm sure you know since you have been active on the threads that presented the revenue neutrality economic papers.
It may be that you don't grasp what those papers say, but they are certainly more definitive than your horseback assessments (which are actually very off base and misleading).